The Socio-Economic Impact Assessment (SEIA) Methodology aims at analysing and measuring the potential social and economic impacts of new technologies and business models on the respective manufacturer, its ecosystem and wider society.
The 3-step SEIA methodology considers impact on three areas: (1) Impact on industry; (2) Impact on society; (3) Impact on the scientific community. These three areas are interlinked since, for example, impacts industry as a result of disruptive technologies may, in turn, have knock-on effects on society and the environment.
In addition, a social innovation impact assessment methodology is proposed to capture the collateral / indirect effects of the socio-economic industry-level assessment. Such a methodology focuses on social innovations, i.e. new ideas (products, services and models) that simultaneously meet social needs (more effectively than alternatives) and create new social relationships or collaborations.