Abstract

One important question that economists, politicians, and academics point out today is how to promote economic growth in regions, cities, and nations, all immersed in an environment of intense global competition. The purpose of this article is to set out the Mondragón Model, a cooperative system, from the perspective of the determinants of the national competitive advantage based on Porter´s Diamond. The main goal is to identify the key factors that have led Mondragón to achieve job generation, sustainability and growth. The used information was obtained from scientific articles, research books, interviews, and ethnography, as a visiting scholar at the Basque Country, in Spain. The results analysis shows that the Porter´s Diamond is useful to configure the basic strategies of the Mondragón cooperative. This diamond also showed that there are some significant elements, such as: self-management, inter-and intra-cooperation, retributive solidarity, democratic management, cooperative principles and cultural identity, that shape the operation of the Mondragón model. It is important to state that Porter´s diamond is not explicitly intended to do so, and that’s a contribution of this research.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call