Institutional Design and Cooperative Success: The Case of Producer Cooperatives

26 Pages Posted: 6 Dec 2023

See all articles by Derek C. Jones

Derek C. Jones

Hamilton College - Economics Department

Multiple version iconThere are 2 versions of this paper

Date Written: November 27, 2023

Abstract

I develop typologies to investigate hypotheses on the effects of producer cooperative (PC) support structures and the internal organizational design of individual PCs on success. Evidence, including for a new case, shows that individual PCs typically benefit from strong and well-resourced federations. However, the preferred set-up may vary across industries and countries. Particularly important design features for individual PC success include strong participation in control and in returns by worker-members; no single set of arrangements is universally appropriate, especially for both traditional PCs and multi stakeholder cooperatives. Implications for issues, including policy and an appropriate research agenda, are discussed.

Keywords: Cooperatives, Networks, Producer cooperatives, Institutional design, Employee ownership, Participation in control, Participation in returns

JEL Classification: J33, M52, M54, L66

Suggested Citation

Jones, Derek C., Institutional Design and Cooperative Success: The Case of Producer Cooperatives (November 27, 2023). Journal of Entrepreneurial and Organizational Diversity, Vol. 12, No. 2, 2023, pp. 7-32, Available at SSRN: https://ssrn.com/abstract=4649397

Derek C. Jones (Contact Author)

Hamilton College - Economics Department ( email )

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