Cooperative microenterprises as an instrument of business entrepreneurship

Keywords: Cooperatives, micro cooperatives, business entrepreneurship, legal regime, regional laws, cooperative principles, constitution, corporate organization

Abstract

Our business system is not immune to the adverse circumstances of a globalized environment, which, in recent times, are causing a situation of economic instability that affects the business fabric as the main driving force of the economy. In such a context, the rapid and agile creation of companies, and therefore employment, is essential to face and overcome this scenario, which can be contributed to by cooperative microenterprises as a form of entrepreneurship and business initiative conducive to self-employment, for smallscale business projects. Their legislative framework is housed at the regional level, although not many autonomous communities have enacted regulations on the matter, generally for certain types of cooperatives, and at the state level, even the gradual reduction of the number of members required to establish a cooperative does not expressly contemplate this figure. With these precedents, the business relevance and economic function they perform are analyzed along with the examination of the elements that allow for their conceptual delimitation, determining the specific legal regime applicable. In this sense, the minimum determination of the number of partners for their constitution and their maximum limitation is a key piece along with the study of the organizational structure that exempts some of the organs of the cooperatives and requires special rules of composition and operation. On the other hand, the simplification of the constitutive procedure of cooperatives and the costs associated with their constitution have not occurred in parallel with the process that has taken place in company matters, which has been sponsored at the European level and postponed with respect to micro-cooperatives.

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Published
2024-12-20
How to Cite
Cañabate Pozo R. . (2024). Cooperative microenterprises as an instrument of business entrepreneurship. REVESCO. Revista de Estudios Cooperativos, 1-25. https://doi.org/10.5209/reve.99691
Section
Articles