2021 Volume 21 Issue 2 Pages 89-101
Social Impact Measurement(SIM)can be regarded as a type of program evaluation method that has been developed in the context of social business and social investment. SIM is an attempt to apply the knowledge accumulated in the program evaluation to social enterprises, corporate activities, and investment activities to use it as a method to evaluate their social impact. However, the definition and relevance of SIM to program evaluation have not been sufficiently clarified. In recent years, the market size of social enterprises and social investments has been expanding significantly, and it is expected to become a major part of evaluation practice in the future. In this paper, we will examine how these SIM efforts were formed, how they are positioned in the theories of program evaluation by summarizing the relevant facts, and discuss how the practice and theoretical development of SIM can contribute to evaluation studies.