TY  - JOUR
T1  - Co-operatives; Forms of Business Ownership that Nurture Both Social and Commercial Entrepreneurship
AU - Absanto, Gerald AU - Mori, Grace AU - Alfred, Christina 
JO  - International Business Management
VL  - 7
IS  - 3
SP  - 229
EP  - 233
PY  - 2013
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2013.229.233
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2013.229.233
KW  - Co-operatives
KW  -entrepreneurship
KW  -social entrepreneurship
KW  -commercial entrepreneurship
KW  -generation
AB  - Co-operatives can an autonomous association of persons united 
  voluntarily to meet their common economic, social and cultural needs and aspirations 
  through a jointly-owned and democratically controlled enterprise. Co-operatives 
  work for the social and cultural development of their members and the wider 
  community. They also have an interest in caring for the environment and future 
  generations through the principle of concern for the community. The co-operative 
  society from its inception was a social innovation and still plays an important 
  social role in organizing economic relations. Whereas, originally co-operatives 
  ensured the development of the market economy in the globalizing world of today 
  they ensure that the economy continues to serve the everyday needs of the ordinary 
  people in the best possible way. Co-operatives also provide a forum through 
  various meetings whereby members come together to address their social and economic 
  problems. Members normally share their experiences and discuss how to solve 
  their current existing social and economic problems and finally come up with 
  appropriate solutions for their benefits, as well as for the benefit of the 
  community. Co-operatives not only conduct business for the members but also, 
  encourage members to conduct business with their co-operatives. Co-operatives 
  provide various supports to their members as well as the community at large 
  to undertake commercial/economic entrepreneurship. Co-operatives are thought 
  to be the only form of business ownership that nurture both social and commercial 
  entrepreneurship through its dual aspect of achieving social-economic motives 
  of its members as well as the entire community.
ER  -