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Pay‐for‐Success Development in the United States

Feasible or Failing to Launch

Dados Bibliográficos

ID6359509
AutoresCarolyn J Heinrich (0000-0002-7731-9138, Vanderbilt University, autor correspondente), Sarah E Kabourek (0000-0001-8256-697X, NORC at the University of Chicago, autor correspondente)
Ano2019
Volume79
Fascículo6
Páginas867-879
Data de publicação2019-09-04
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoPublic Administration Review (JOURNAL)
Identificadores do periódicoISSN: 0033-3352 • E-ISSN: 1540-6210
EditoraWiley (PUBLISHER • GB)
DOI10.1111/puar.13099
OpenAlexW2971790805
IdiomaEN
Citações recebidas17
Referências citadas30

Social impact bonds, known as pay‐for‐success (PFS) initiatives in the United States, have attracted attention as a novel strategy for financing and providing preventive services to the most vulnerable populations. This article provides an exploratory qualitative analysis of the Preschool PFS Feasibility Pilot grant applications and projects initiated by the U.S. Department of Education to encourage state and local exploration of PFS for implementing high‐quality preschool programs. Drawing on the public administration evidence base that informs PFS design, the authors examine the feasibility pilots’ features and investigate why grant applicants saw PFS as a promising strategy for achieving their preschool program goals. The challenges encountered, lessons learned, and perceived viability of fully executed PFS preschool programs are also discussed. Findings show that few projects are advancing toward formal PFS arrangements, with many struggling to overcome constrained capacities, structural and political barriers, and inherent incentives to minimize risk and loss

Business · Economics · Incentive · Political science · Public relations · Quality (philosophy · State (computer science · Community Development and Social Impact · Computer Science · Nonprofit Sector and Volunteering · Public Administration · Public-Private Partnership Projects

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Obras citantes distintas17
Citações por ano2,43
Intervalo de citações2019 - 2026 (8)
Velocidade de citaçãocurrent
Altamente citadoNão
Tipos de citaçãoNeutras: 17
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