Angels on the head of a pin

Purpose – By proposing a comprehensive measurement framework, this paper attempts to move the nascent body of theoretical and empirical work on performance measurement in social entrepreneurship ventures (SEVs) into reach for practitioners. The purpose of this paper is to help social entrepreneurs and academics put current knowledge to work to gain usable feedback about the success of operations.Design/methodology/approach – This paper offers a framework for measuring firm survival, social action, and social change in SEVs based on a review of theoretical and empirical work.Findings – Early work in SEV performance measurement shows consensus that social impact is at least as important as organizational viability, albeit more difficult to measure. The SEV measurement framework developed herein creates the link between firm viability (Survival), direct social action (Action), and long‐term social impact on the technical, political, and cultural aspects of society (Change) leading to the SAC framework.Origin...