Added value and numerical measurement of social value: A critical enquiry

Raidén, A B and King, A (2023) Added value and numerical measurement of social value: A critical enquiry. Buildings and Cities, 4(1), pp. 767-782. ISSN 2632-6655

Abstract

Social value has evolved rapidly over the last decade or so. Legislation has been a key driver, and added value and numerical measurement are emerging as important focal points. An emerging body of literature in this space draws attention to social value in placemaking, infrastructure and construction work. Using deontological principles of ethics, a critical discussion is presented on the problems associated with numerical measurement of social value as added value. Two key questions are addressed: How does mandating social value by legislation and policy impact good practice? How effectively can numerical measuring of social value evidence the range and diversity of activity and outcomes? This responds to a wider call to take a critical view of both policy and the activities of the sector and advocate a move away from solving immediate problems and development of ever more elaborate tools. The development of a holistic appreciation of the long-term need and outcomes of social value is recommended: the contextual, contingent middle ground.

Item Type: Article
Uncontrolled Keywords: added value; ethics; metrics; numerical measurement; placemaking; social impact; social procurement; social value
Date Deposited: 11 Apr 2025 12:43
Last Modified: 20 Apr 2025 16:16