A new field of interest in the study of the creation of public value is how Social Impact Bonds (SIBs) can lead to collaborative relationships generating public value. This paper frames SIBs in public management studies and provides an analytical tool to assess the feasibility and chances of success of a new SIB. The authors have developed a model that shows the key variables in a SIB, their interactions and the conditions needed for a SIB to co-create value.
Pastore, L., Corvo, L. (2022). ‘SIB’: what does it really mean? A theoretical approach to understanding social impact bonds. PUBLIC MONEY & MANAGEMENT, 42(2), 98-105 [10.1080/09540962.2020.1809799].
‘SIB’: what does it really mean? A theoretical approach to understanding social impact bonds
Pastore L.;Corvo L.
Primo
2022
Abstract
A new field of interest in the study of the creation of public value is how Social Impact Bonds (SIBs) can lead to collaborative relationships generating public value. This paper frames SIBs in public management studies and provides an analytical tool to assess the feasibility and chances of success of a new SIB. The authors have developed a model that shows the key variables in a SIB, their interactions and the conditions needed for a SIB to co-create value.
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