The Potential of Co-Operatives during the Current Recession; Theorizing Comparative Advantage
By J. Birchall. 2013
111 citations recorded by the source corpus.
This paper asks how effective are co-operatives at surviving economic recession, and whether they can grow at the expense of investor-owned businesses and provide an alternative business model that is fairer, more stable and less risky. The paper begins by providing historical evidence concerning the resilience of co-operatives during economic crises. Then, taking a ‘member-owned business’ approach, it analyses the comparative advantages and disadvantages of co-ops along three dimensions: ownership, control and benefit. It broadens this out to consider advantages to the wider society, and theorises comparative advantages of other business types. It concludes by asking what it would take for the co-operative potential to be realized.
Subfields: Strategy and Management
View Paper: https://www.semanticscholar.org/paper/d0fbfbddc6f4ff207e7b5b11bd538e4a6dbee1e5
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Citations in the corpus
- Do cooperative enterprises create social trust? (2012, unknown): “eratives are showing more stability and reactivity (Stiglitz 2009; Birchall 2013).”
- Worker cooperatives as an organizational alternative: Challenges, achievements and promise in business governance and ownership (2014, background): “…be replaced with a more robust model of business structure and performance that takes into account employee satisfaction and security, the full participation of employee-members, the welfare of a community, and the sustainability of a business or industry in the larger environment (Birchall, 2013).”