Packs, Troops and Herds: Prosocial Cooperatives and Innovation in the New Normal

Prosocial organizations are emerging to tackle the effects of a New Normal. As they navigate its fragile and liquid institutional membranes, they prioritize cooperative forms of governance. These forms allow for collaboration and democratic decision‐making necessary for the development of innovative...

Full description

Saved in:
Bibliographic Details
Published in:Journal of management studies Vol. 57; no. 3; pp. 470 - 504
Main Authors: Muñoz, Pablo, Kimmitt, Jonathan, Dimov, Dimo
Format: Journal Article
Language:English
Published: Oxford Blackwell Publishing Ltd 01.05.2020
Subjects:
Chile
Collectivism
Cooperation
Cooperatives
Coordination
Decision making
Entrepreneurship
fuzzy‐set qualitative comparative analysis
Governance
innovation
Innovations
new normal
Prosocial behavior
Ventures
Wandering
ISSN:0022-2380, 1467-6486
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Prosocial organizations are emerging to tackle the effects of a New Normal. As they navigate its fragile and liquid institutional membranes, they prioritize cooperative forms of governance. These forms allow for collaboration and democratic decision‐making necessary for the development of innovative solutions in this new context. At the same time, the high coordination costs of cooperatives lead to significant market pressures. Therefore, understanding when and under what conditions these new cooperatives innovate and strive is important as it provides insight into whether and how these ventures can become a viable alternative in this changing landscape. Using configurational analyses of organizational enablers leading to innovation in 40 entrepreneurial cooperatives, we identify three approaches: Attentive Pack, Eclectic Troop, and Wandering Herd, showing that innovative outcomes can indeed emerge under traditional cooperative features emphasizing collectivism. However, the pursuit of higher novelty requires a shift to more individualistic, business‐as‐usual, approaches. The New Normal does indeed enhance entrepreneurial activity, but of a different kind comprising novel sets of antecedents and outcomes, which we show can easily become the new dominant form of venturing required in this new context.
Bibliography:ObjectType-Article-1
SourceType-Scholarly Journals-1
ObjectType-Feature-2
content type line 14
ISSN:0022-2380
1467-6486
DOI:10.1111/joms.12542