Collective Entrepreneurship Based On
There's strength in numbers
Collective/Cooperative entrepreneurship can be a solution in many cases. While it is not a panacea, it does have a lot of advantages. A team can add to, multiply and complement each of the competencies and skills of the individuals, bringing a more powerful approach to the challenge. Each person contributes his/her unique skills and relationships to the team, building strength and gaining resilience.
The key elements of the cooperative DNA are: democratic management and shared ownership. These elements play a positive role in the enterprise’s resilience.