| Title |
Good Performing Enterprise (Co-Operative) With Social Venturing and Co-Operative Entrepreneurship Business Model (SVCE-bm) in Zambia |
| ID_Doc |
78296 |
| Authors |
Siame, M; van Dijk, G |
| Title |
Good Performing Enterprise (Co-Operative) With Social Venturing and Co-Operative Entrepreneurship Business Model (SVCE-bm) in Zambia |
| Year |
2015 |
| Published |
|
| DOI |
|
| Abstract |
Social Venturing Economics (SVE) school of thought is new and still evolving. The proponents of SVE advocate social venturing and co-operative entrepreneurship business model (SVCE-bm) as the most appropriate tool for socioeconomic development in developing nations with inadequate institutional framework to support the New Generation Co-operatives business model (NGC-bm). The SVCE-bm is a theoretical business model under development and is simply defined as multi-actor business architecture for value creation, delivery and capture. This paper attempts to investigate the existence of good firms in Zambia using SVCE-bm. The theoretical concepts underpinning SVCE-bm is new institutional economics and its branches - transaction cost economics, agency theory, and property rights. A case study design to investigate the existence of good SVCE-bm in Zambian firms using in-depth interviews was used. The desk research study method was used to compliment the case study also. The study has established that there is none completely similar to SVCE-bm but there exists SV-bm that are almost similar. The major departure is on exit strategy and ownership. In SV-bm enterprise, smallholder producers, co-operatives or MSMEs are contracted to supply agricultural commodities and there is no plan for them to assume ownership and running of value adding firms. The SV-bm enterprise promotes dependency syndrome such that if the enterprise were to close, the contracted stakeholder's economics and social prospects would come to zero. The SVCE-bm requires supportive environment and has potential for sustainable social economic development for developing economies especially in supporting smallholder producers, co-operatives, MSMEs to own value adding enterprise. The SVCE-bm has potential for replication in local government and ministry of agriculture in the development of co-operatives. |
| Author Keywords |
social venturing and co-operative business model; new generation co-operative business model; investor owned firm business model; social venturing economics; transaction cost economics; new institutional economics; traditional co-operative business model. sustainable development; inclusive business |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Conference Proceedings Citation Index - Social Science & Humanities (CPCI-SSH) |
| EID |
WOS:000380498100028 |
| WoS Category |
Business |
| Research Area |
Business & Economics |
| PDF |
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