Assessing impact of social investments in scientific literature
The article presents the results of research on the assessing impact of social investments presented in the scientific literature. The aim is to analyze the theoretical aspects and the results of empirical research on the impact of social investment. The article presents the reasons for undertaking the impact of social investments’ analysis, pointing to the need to validate the effectiveness of actions, to justify public spending and to convince policy makers of the investment implementation’ necessity. The difficulties involved in assessing the impact of social investment in areas: methodology of assessing impact, time perspective and investment functioning in a specific socio-economic context are presented. The conducted analyzes allowed to demonstrate that the assessment of social investment is ambiguous — both the positive impact of investment (especially in the labor market and development of human capital) and its limited impact, mainly in the fight against poverty can be shown. The results of the research presented in this article were obtained in the framework of the scientific research project Innovative Social Investment Strenghtening Communities in Europe (InnoSi), financed by the European Commission from the Horizon 2020 Program.