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Innovation. Reinforcing the Local Presence of Cooperatives and Mutuals

Author

Listed:
  • Eric Brat

    (HEC Montréal - HEC Montréal)

  • Inmaculada Buendía-Martínez

    (UCLM - Universidad de Castilla-La Mancha = University of Castilla-La Mancha)

  • Francoise Normandin

    (HEC Montréal - HEC Montréal)

  • Ouchene, Nabila

    (HEC Montréal - HEC Montréal)

Abstract

This report presents key findings of a study that was conducted to explore and address the challenge of reinforcing the local presence of cooperatives and mutuals in their territories with an innovation approach. This topic was selected following a series of one-on-one interviews with leaders of international financial cooperatives and mutuals. The majority ranked this topic at the top concern since most cooperatives and mutuals have their roots in the regions and a significant share of their economic success relies on the dynamism within these regions. Based on a qualitative research, using statistical reports, desk research and interviews, this study has three objectives: 1) to develop a framework which identifies local development challenges based on economic and socio-demographic indicators, in order to focus innovation projects; 2) present a set of leading innovation practices deployed by financial cooperatives and mutuals and map their local development levers; 3) propose an analytical framework in order to identify local priorities, select and deploy relevant innovations.

Suggested Citation

  • Eric Brat & Inmaculada Buendía-Martínez & Francoise Normandin & Ouchene, Nabila, 2018. "Innovation. Reinforcing the Local Presence of Cooperatives and Mutuals," Working Papers hal-04883538, HAL.
  • Handle: RePEc:hal:wpaper:hal-04883538
    Note: View the original document on HAL open archive server: https://hal.science/hal-04883538v1
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