Too often measuring value is limited to physical things that are easy to count. Public and social value – such as the value of bicycle lanes, clean air or happiness – has been harder to quantify, making what matters most to us difficult to manage and grow.

In government, this almost certainly has skewed public spending towards cures rather than prevention. Public Value: How can it be measured, managed and grown? brings together views from across Nesta’s areas of work to set out alternative ways to map and measure public value.

With better metrics on what matters most, we can guide investment towards ideas that help change the world for the good.

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About CCCU Research Development

Research Development (RD) is part of the Department of Enterprise, Employability and Research Development. RD is responsible for ensuring that Research and Enterprise is of the highest quality and meets all required internal and external standards, including managing the institutional submission to the Research Excellence Framework (REF). RD leads on development and implementation of the institutional research and enterprise integrity policies, processes and best practice. It also hosts the institutional Staff Researcher Development Programme and the Early Career Researcher Programme SPARC, and is responsible for the annual Research Internship programme. RD provides strategic and targeted support for academic staff to seek and secure funding for their research and innovation activities. This includes identification of core funding opportunities and support for proposal development, alongside strategic advice and support for faculties to develop their research portfolio and capacity.

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