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This paper aims at contributing to the literature on how to measure the social impact of Research and Development (R&D) investment projects. For that purpose, an exploratory case study was undertaken to assess the importance that companies give to the social return of R&D investments and to identify the criteria and indicators more relevant for this evaluation process. The research undertaken is based on interviews conducted as part of a case study methodology involving a maritime-sector private company and the Technological Center of the Sea in Vigo. The results indicate that the criteria chosen as being the most important for the evaluation of social return of R&D were the number of jobs created at the company, the environmental impact and the working conditions. Also, in the case of Support Programs for R&D applications funding the research results indicate that the evaluation process presently followed does not properly address the socio-economic factors

Social return of R&D investments in manufacturing sector: Some insights from an exploratory case study