This course introduces students to the field of values based entrepreneurship and the development of worker cooperatives. Best practices of starting and growing successful values-driven ventures and workers cooperatives is explored. Values based business (works cooperatives being a subset of values driven ventures) is rapidly gaining attention around the world from entrepreneurs, investors, philanthropists, foundations, and consulting firms. This course is organized around the following interconnected ideas and objectives, ENTERPRISES- To introduce students to the broad spectrum of emerging global cooperative, social (including environmental and socially responsible) ventures through presentations by guest practitioners; ENTREPRENEURSHIP- To provide a variety of frameworks (social entrepreneurship, cooperative development, biomimicry etc.) for the design of values based ventures and the challenges unique to starting and growing them; MARKETS - To introduce students to the emerging capital market for values based ventures and cooperatives and the possible trade-offs in environmental, social and financial return expectations from different capital sources, including venture firms, and foundations; MANAGEMENT - To introduce students to the challenging and paradoxical management decisions inherent in growing managing to cooperative and multiple bottom line objectives; METRICS - To orient students in applying and critiquing models for assessing, measuring and reporting on cooperative, environmental, social and community impact.
Upon successful completion, the student will be able to:
Effective as of Winter 2017
BUSA 7120 is offered as a part of the following programs:
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