New Generation Co-operatives and Related Business Structures

To understand the concept of ‘new generation’ co-operatives it is useful to look first at ‘traditional’ co-operatives. This is because the new generation co-operatives have developed in response to perceived limitations associated with traditional co-operatives. The concept of a new generation co-op...

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Bibliographic Details
Main Authors: keith Wood ford, A Bayat
Format: Article
Language:English
Published: Ministry of Labor Cooperation and Social Welfare 2009-04-01
Series:تعاون و کشاورزی
Subjects:
Online Access:https://ajcoop.mcls.gov.ir/article_8995_7dfde094e1ace3075711d8225bbc5255.pdf
Description
Summary:To understand the concept of ‘new generation’ co-operatives it is useful to look first at ‘traditional’ co-operatives. This is because the new generation co-operatives have developed in response to perceived limitations associated with traditional co-operatives. The concept of a new generation co-operative can be somewhat elusive if not seen as a response to the limitations of traditional co-operatives. It is an evolving concept, and what might have been regarded as ‘new’ some ten years ago may now be seen as ‘old’. In this paper a distinction is made between new generation co-operatives and hybrid cooperatives. A distinction is also made between hybrid co-operatives which have members and investors within the one business entity (the co-operative), and multiple business structures where a co-operative holds a shareholding in an investor-oriented-firm (IOF) that undertakes value adding and consumer marketing. Some commentators group all of these alternative structures together as ‘new generation co-operatives’ on the basis that they are all attempts at overcoming limitations of traditional co-operatives. However, although they are sufficiently different to require separate analysis.
ISSN:2783-5464
2783-5472