Social value as a mechanism for linking public administrators with society: identifying the meaning, forms and process of social value creation

Payal Jain*, Richard Hazenberg, Fred Seddon, Simon Denny

*Corresponding author for this work

Research output: Contribution to JournalArticle

Abstract

Despite public/private/third sector organisations creating and demonstrating the social value of their interventions, they face challenges in understanding and executing the process of social value creation, due to both the lack of definition and theoretically embedded explanatory models of social value. This article seeks to fill this gap by defining social value and identifying the process involved in social value creation from a Weberian standpoint of social action, class and power. Nine resource capitals were identified that contribute to the creation of social value in society: social, ethical, cultural, human/intellectual, physical, economic/financial, environmental/natural, religious, and political. The research utilises Q-methodology to develop a typology of social value and semi-structured interviews to understand the process of social value creation. The results reveal four-types of social value: action-driven, outcomes-driven, sustainability-driven and pluralism-driven, which can be derived through individual/collaborative and resource capitals-driven processes. An integrated framework for social value creation, embedded within a Weberian theoretical framework, is presented to assist policy-makers to commission social value, and public/private/third sector organisations to deliver social value.
Original languageEnglish
Pages (from-to)1-15
Number of pages15
JournalInternational Journal of Public Administration
Early online date13 Sep 2019
DOIs
Publication statusE-pub ahead of print - 13 Sep 2019

Fingerprint

Values
Society
Social values
Value creation
intellectual
pluralism
typology
sustainability
lack
methodology
interview
economics
Resources
Third sector
Public-private

Keywords

  • Q methodology
  • Social value creation
  • intangible capital
  • intangible value
  • social impact
  • social value

Cite this

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title = "Social value as a mechanism for linking public administrators with society: identifying the meaning, forms and process of social value creation",
abstract = "Despite public/private/third sector organisations creating and demonstrating the social value of their interventions, they face challenges in understanding and executing the process of social value creation, due to both the lack of definition and theoretically embedded explanatory models of social value. This article seeks to fill this gap by defining social value and identifying the process involved in social value creation from a Weberian standpoint of social action, class and power. Nine resource capitals were identified that contribute to the creation of social value in society: social, ethical, cultural, human/intellectual, physical, economic/financial, environmental/natural, religious, and political. The research utilises Q-methodology to develop a typology of social value and semi-structured interviews to understand the process of social value creation. The results reveal four-types of social value: action-driven, outcomes-driven, sustainability-driven and pluralism-driven, which can be derived through individual/collaborative and resource capitals-driven processes. An integrated framework for social value creation, embedded within a Weberian theoretical framework, is presented to assist policy-makers to commission social value, and public/private/third sector organisations to deliver social value.",
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author = "Payal Jain and Richard Hazenberg and Fred Seddon and Simon Denny",
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AU - Hazenberg, Richard

AU - Seddon, Fred

AU - Denny, Simon

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N2 - Despite public/private/third sector organisations creating and demonstrating the social value of their interventions, they face challenges in understanding and executing the process of social value creation, due to both the lack of definition and theoretically embedded explanatory models of social value. This article seeks to fill this gap by defining social value and identifying the process involved in social value creation from a Weberian standpoint of social action, class and power. Nine resource capitals were identified that contribute to the creation of social value in society: social, ethical, cultural, human/intellectual, physical, economic/financial, environmental/natural, religious, and political. The research utilises Q-methodology to develop a typology of social value and semi-structured interviews to understand the process of social value creation. The results reveal four-types of social value: action-driven, outcomes-driven, sustainability-driven and pluralism-driven, which can be derived through individual/collaborative and resource capitals-driven processes. An integrated framework for social value creation, embedded within a Weberian theoretical framework, is presented to assist policy-makers to commission social value, and public/private/third sector organisations to deliver social value.

AB - Despite public/private/third sector organisations creating and demonstrating the social value of their interventions, they face challenges in understanding and executing the process of social value creation, due to both the lack of definition and theoretically embedded explanatory models of social value. This article seeks to fill this gap by defining social value and identifying the process involved in social value creation from a Weberian standpoint of social action, class and power. Nine resource capitals were identified that contribute to the creation of social value in society: social, ethical, cultural, human/intellectual, physical, economic/financial, environmental/natural, religious, and political. The research utilises Q-methodology to develop a typology of social value and semi-structured interviews to understand the process of social value creation. The results reveal four-types of social value: action-driven, outcomes-driven, sustainability-driven and pluralism-driven, which can be derived through individual/collaborative and resource capitals-driven processes. An integrated framework for social value creation, embedded within a Weberian theoretical framework, is presented to assist policy-makers to commission social value, and public/private/third sector organisations to deliver social value.

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