Social impact bonds: From social innovation to responsible finance innovation

Social impact bonds: From social innovation to responsible finance innovation

social innovations are becoming an increasing drain on national public budgets and require new innovative policies. A financial instrument called Social Impact Bonds could be useful to overcome this barrier. Being bond a financial instrument, the deb...

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Bibliographic Details
Main Author: Pablo Matías Herrera
Format: Article
Language:English
Published: Instituto Tecnológico Metropolitano - ITM 2015-07-01
Series:Trilogia
Subjects:
the debates on responsibility and irresponsibility in the service industry of this type are particularly relevant. In this article
the first part refers to social innovations and this concept is defined from the eyes of several authors. Following
we describe the steps necessary to achieve an innovation of this kind
a of society. In a second part
considering that one of the main obstacles to implementing a social innovation is financing
social impact bonds and payment for the associated results are described. In the third part of the article
being Social Impact Bonds a financial instrument
social innovation
responsible finance innovation
Online Access:https://revistas.itm.edu.co/index.php/trilogia/article/view/426/432

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