IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/68762.html
   My bibliography  Save this paper

Empower Workers to Innovate and Entrepreneurship: Raison d'être of Successful Workers Cooperatives

Author

Listed:
  • Sapovadia, Vrajlal

Abstract

The study critically analyses selected Indian workers cooperatives to find reasons over time of its success or failures. Worker cooperatives flourish in many industries and regions, where decisions are made democratically by workers who also act as entrepreneurs, managers and members. By value creation it tends to provide employment, remains accountable to community. The entrepreneurs are risk takers but who innovate to satisfy ever-changing consumers’ needs succeed through well managed business. The study has qualitative research design employed on variety of workers cooperatives. It looks at phenomena of business cycle, value creation cum distribution, overlapping multiple roles of workers, management practices, innovation & product life cycle, consumer satisfaction vis-à-vis business performance. We attempts to explore and interpret dynamism of activities and interactions among key stakeholders to ascertain success factors. We find that continuous innovation and entrepreneur spirit is the key to success. The finding may help to advance socio-economic enterprises.

Suggested Citation

  • Sapovadia, Vrajlal, 2015. "Empower Workers to Innovate and Entrepreneurship: Raison d'être of Successful Workers Cooperatives," MPRA Paper 68762, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:68762
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/68762/1/MPRA_paper_68762.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Workers Cooperative; Labour Cooperative; Industrial Cooperative;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • A3 - General Economics and Teaching - - Multisubject Collective Works
    • L00 - Industrial Organization - - General - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:68762. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.