Collective Entrepreneurship: An Emerging Phenomenon in Producer-Owned Organizations

Michael L. Cook and Brad Plunkett

Journal of Agricultural and Applied Economics, 2006, vol. 38, issue 2, 421-428

Abstract: This paper introduces and defines the concept of collective entrepreneurship. A review of the defensive single-level rent-seeking objective of traditional agricultural cooperatives is introduced followed by an analysis of recent studies documenting a shift in the objective functions of producers jointly integrating toward more multiple-level rent-seeking entities. This process of shifting from market failure-ameliorating collective action mechanisms toward rent-seeking group action organizations is labeled collective entrepreneurship. The justification for introducing this concept is based on the Olsonian premise that rational, self-interested individuals will not act to achieve their common or group interests without coercion or selective incentives.

Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jagaec:v:38:y:2006:i:02:p:421-428_02

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