Entrepreneurship and innovation: the co-operative society as a commercial option to development
DOI:
https://doi.org/10.5433/2178-8189.2010v14n0p181Keywords:
Cooperative, Development, Capitalism, Company, Comparative Law Brazil/Canada.Abstract
The crisis of the traditional capitalism urges innovation. The cooperative is an alternative way of usual commercial organization, and it does this without compromising the institutes of free enterprises and private property. Cooperativism promotes ethics and democracy as an environment of entrepreneurship. The profits are shared according to the participation in the activities and not according to how much the person have paid before. The experience of cooperativism in developed countries shows how much it is profitable and good to economics and society.