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Type: Journal Article
Journal title: Economic and Social Development,Berlin: LIT Verlag.
Year of publication: 2009
Source:
AGRERI
Subject:
socioeconomic development
cooperatives
agribusiness and cooperatives
Description:
Historically and in various parts of the world, traditional agricultural cooperatives have played a significant role in correcting market failures, contributing to the achievement of rural development goals, the generation of local social capital, and the provision of incentives for sustaining the environment. However, agribusiness globalization-induced challenges coupled by intra-organisational hurdles have led to the need for a radical redesign of this unique organisational arrangement. The term used to describe the resulting offensive organisations is “collective entrepreneurship.” The goals of this paper are to 1) identify and discuss challenges and critical issues that arise as traditional co-operatives move toward becoming collective entrepreneurship firms, 2) outline a scholarly research whose topics are linked to these challenges, and 3) introduce Complexity Economics as an emerging theoretical framework that might inform the identified research questions.
Related Resources
Support for Farmers' Cooperatives-Country Report- GreeceProvider: Subject: products agricultural products animal products plant products policies agricultural policies socioeconomic development rural development agricultural development economics cooperatives agribusiness and cooperatives agricultural practices farming systems cooperative farming |
Support for Farmers' Cooperatives-Experiences of non-EU OECD CountriesProvider: Subject: policies agricultural policies socioeconomic development economics agricultural economics cooperatives agribusiness and cooperatives agriculture agricultural practices farming systems cooperative farming Funded by: |
Incentives to Efficient Investment Decisions in Agricultural CooperativesRecent studies have questioned the competitiveness of agricultural cooperatives in an industrialized food system, based on empirical results and economic theory. New organizational institutions have been proposed to overcome the cooperative main weaknesses (the so called new generation cooperatives). In this paper, we provide a simple model based on a financial approach to address the issue of cooperative competitiveness and to assess the investment efficiency of both traditional and new generation cooperatives. The main conclusions of the analysis are: i) cooperatives (both traditional and new generation ones) may have incentive to adopt projects that do not maximize the Net Present Value of the firm ii) the institutions of new generation cooperatives are not sufficient to ensure net present value maximization, even though they address some of the main concerns of traditional cooperatives iii) traditional cooperatives may have a competitive advantage in businesses that require the aggregation of a large number of farmers. Provider: Subject: cooperatives agribusiness and cooperatives Collected from: |
AGRERI Library
Support for Farmers' Cooperatives-Country Report- GreeceProvider: Subject: products agricultural products animal products plant products policies agricultural policies socioeconomic development rural development agricultural development economics cooperatives agribusiness and cooperatives agricultural practices farming systems cooperative farming |
Support for Farmers' Cooperatives-Experiences of non-EU OECD CountriesProvider: Subject: policies agricultural policies socioeconomic development economics agricultural economics cooperatives agribusiness and cooperatives agriculture agricultural practices farming systems cooperative farming Funded by: |
External Library
Incentives to Efficient Investment Decisions in Agricultural CooperativesRecent studies have questioned the competitiveness of agricultural cooperatives in an industrialized food system, based on empirical results and economic theory. New organizational institutions have been proposed to overcome the cooperative main weaknesses (the so called new generation cooperatives). In this paper, we provide a simple model based on a financial approach to address the issue of cooperative competitiveness and to assess the investment efficiency of both traditional and new generation cooperatives. The main conclusions of the analysis are: i) cooperatives (both traditional and new generation ones) may have incentive to adopt projects that do not maximize the Net Present Value of the firm ii) the institutions of new generation cooperatives are not sufficient to ensure net present value maximization, even though they address some of the main concerns of traditional cooperatives iii) traditional cooperatives may have a competitive advantage in businesses that require the aggregation of a large number of farmers. Provider: Subject: cooperatives agribusiness and cooperatives Collected from: |
