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Cook, Michael L.; Burress, Molly J.; Iliopoulos, Constantine. |
Abstract—Existing research treats the cooperative structure as relatively homogeneous. The proposed paper argues that all cooperatives are not created equal – and consideration of organizational structure is critical when analyzing the economic impact of cooperation. In recent empirical work, we observe cooperatives forming as single- or multi-purpose; generating equity capital passively, quasi-passively, or proactively; vertically integrating in a centralized, federated, or a hybrid fashion; governing through fixed or proportional control rights; and instituting open, closed or class-varying membership criteria. The emergence of multiple-level rent-seeking cooperatives challenges our traditional rent dispersion models of collective action. We call these... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Collective entrepreneurship; Agribusiness; Property Rights; Agribusiness. |
Ano: 2008 |
URL: http://purl.umn.edu/44397 |
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