Discovering barriers to and enablers for cooperative entrepreneurship: Evidence from Occidental Mindoro, Philippines
Keywords:
barriers, enablers, cooperative entrepreneurshipAbstract
Cooperatives, as social and economic companies, provide valuable services to people from all walks of life across the globe. However, empirical studies clearly lack organizational impediments and practices for encouraging entrepreneurial activities. For that reason, every obstacle uncovered during entrepreneurial activities should be studied and reviewed. Generally, the objective of this research was to discover the barriers to and enablers for cooperative entrepreneurship by focusing on individual and organizational processes, culture, and lessons learned through entrepreneurial activities at the chosen business. This study was conducted in the province of Occidental Mindoro. The 16 members of the cooperative in this research served as the participants in the study. A face-to-face interview with the participants was conducted and they were asked to write their answers on a sheet of paper for analysis. This research used thematic analysis to analyze and interpret the data that were gathered in the interview. The findings revealed that four themes emerged for the barriers to cooperative entrepreneurship such as the management of funds, issue with human resources, inadequate capacity, and poor planning of strategy. On the other hand, three themes emerged for the enablers for cooperative entrepreneurship such as the independence and personal freedom, income stability and financial achievement, and social and community motivation.
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Copyright (c) 2024 Dr. Jason G. Ramirez, Dr. Rommel A. Avillanoza, Dr. Fye Dunaway R. Asio (Author)
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