Can a focus on co-created, strengths-based services facilitate early-stage innovation within social impact bonds?

IF 2.3 3区管理学 Q2 PUBLIC ADMINISTRATION

International Public Management Journal Pub Date : 2022-06-02 DOI:10.1080/10967494.2022.2078914

C. Fox, Hilary Olson, Harry Armitage, S. Baines, Gary D. Painter

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引用次数: 2

Abstract

Abstract While many commentators recognize the potential for Social Impact Bonds (SIBs) to encourage innovation, empirical evidence is less clear cut. We argue that for SIBs to realize their full potential as incubators of innovation they needed to incorporate a stronger element of co-creation and strengths-based working, and suggest some accompanying characteristics of such SIBs. We analyze four UK SIBs as case studies that exhibit these characteristics. We find that within the cases strengths-based service delivery models were successfully implemented through SIBs; alongside this we found extensive evidence of co-production but limited evidence of co-creation. Strengths-based working, including co-production, helped the SIBs to catalyze early stage innovation. We identify several elements of SIB design which were instrumental in supporting strengths-based practices and could also support co-creation: greater autonomy for service providers; shifting risk to investors; use of a rate card; and long-term, flexible funding. Our findings challenge those who are skeptical about the potential for SIBs to provide a setting in which people who use services and frontline service providers are empowered to re-engineer public services and contest current systems.

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专注于共同创造、基于优势的服务能否促进社会影响债券的早期创新？

摘要尽管许多评论家认识到社会影响债券（SIBs）鼓励创新的潜力，但经验证据并不明确。我们认为，为了让系统重要性银行充分发挥其作为创新孵化器的潜力，它们需要融入更强大的共同创造和基于优势的工作元素，并提出了此类系统重要性银行的一些附带特征。我们分析了四个英国系统重要性银行作为展现这些特征的案例研究。我们发现，在这些案例中，基于实力的服务交付模型通过SIB成功实施；除此之外，我们发现了大量的共同生产的证据，但共同创造的证据有限。基于优势的工作，包括联合生产，有助于SIB促进早期创新。我们确定了SIB设计的几个元素，这些元素有助于支持基于优势的实践，也可以支持共同创建：服务提供商的更大自主权；将风险转移给投资者；使用费率卡；以及长期、灵活的供资。我们的研究结果挑战了那些对系统重要性银行提供一种环境的潜力持怀疑态度的人，在这种环境中，使用服务的人和一线服务提供商有权重新设计公共服务，并对当前的系统提出质疑。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Public Management Journal PUBLIC ADMINISTRATION-

CiteScore

5.30

自引率

11.50%

发文量

期刊介绍： The International Public Management Journal (IPMJ) publishes high-quality empirical and theoretical work on managing large organizations, particularly public organizations. IPMJ features work from scholars around the world who conduct research in the areas of public management and government reform, comparative public administration, organizational theory, and organizational behavior. IPMJ seeks to provide a bridge between those conducting research on public management and public administration on the one hand, and those working in the areas of organizational behavior and organization theory on the other. IPMJ intends to stimulate and reflect the academic interests of an international constituency of readers and scholars.