A TBL Approach Based Theoretical Framework for Measuring Social Innovations

The aim of this paper is to present theoretical framework for measuring value of social innovations. The paper examines measurement of social innovations in the context of their multidimensionality and the triple bottom line (TBL) approach.The basis of the analysis is the theoretical frameworks for measuring value of social innovations and identification of key measurement indicators. This paper presents the theoretical background that is needed in order to develop a measurement model for social innovations. The final result of this theoretical framework is the measured value of social innovations which is expressed using index. The development of this framework will contribute in measuring value created by social innovations and its impact for the whole society.