Internationalisation of non-financial social and solidarity economy cooperatives: case study in Ecuador

Abstract Internationalisation is a way for companies' growth and economic development in transition economies with the potential to contribute to a more sustainable world. Social and solidarity economy cooperatives (SSECs) have a lower internationalisation trend than developed economy companies...

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Main Authors: Mercedes Moreira-Menéndez, Roberto Pico-Saltos, Carlos Edison Zambrano
Format: Article
Language:English
Published: SpringerOpen 2024-05-01
Series:Future Business Journal
Subjects:
Online Access:https://doi.org/10.1186/s43093-024-00339-z
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author Mercedes Moreira-Menéndez
Roberto Pico-Saltos
Carlos Edison Zambrano
author_facet Mercedes Moreira-Menéndez
Roberto Pico-Saltos
Carlos Edison Zambrano
author_sort Mercedes Moreira-Menéndez
collection DOAJ
description Abstract Internationalisation is a way for companies' growth and economic development in transition economies with the potential to contribute to a more sustainable world. Social and solidarity economy cooperatives (SSECs) have a lower internationalisation trend than developed economy companies due to their aversion to possible economic losses and lack of knowledge of the global market. This study aims to propose an internationalisation model for non-financial SSECs through factor analysis and evolutionary genetic computing to improve structural competitiveness within the framework of sustainable development in an emerging country. The study methodology includes: (1) information analysis related to internationalisation indicators; (2) statistical analysis of variables from the national survey of popular and solidarity economy organisations; (3) internationalisation model through a genetic algorithm; and (4) strategies related to sustainability. The results show internationalisation models with significant indicators such as number of partners, social capital, social benefit, access to international markets and employment. These models have goodness of fit with a high degree of precision (> 80%) and are a novel proposal to estimate the internationalisation of social capital cooperatives.
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spelling doaj-art-38fbee4ee8ea4298b6fe30c81d1ae7c32025-08-20T03:10:17ZengSpringerOpenFuture Business Journal2314-72022314-72102024-05-0110111510.1186/s43093-024-00339-zInternationalisation of non-financial social and solidarity economy cooperatives: case study in EcuadorMercedes Moreira-Menéndez0Roberto Pico-Saltos1Carlos Edison Zambrano2Faculty of Industrial and Production Sciences, Quevedo State Technical UniversityFaculty of Engineering Sciences, Quevedo State Technical UniversityFaculty of Business Sciences, State Technical University of QuevedoAbstract Internationalisation is a way for companies' growth and economic development in transition economies with the potential to contribute to a more sustainable world. Social and solidarity economy cooperatives (SSECs) have a lower internationalisation trend than developed economy companies due to their aversion to possible economic losses and lack of knowledge of the global market. This study aims to propose an internationalisation model for non-financial SSECs through factor analysis and evolutionary genetic computing to improve structural competitiveness within the framework of sustainable development in an emerging country. The study methodology includes: (1) information analysis related to internationalisation indicators; (2) statistical analysis of variables from the national survey of popular and solidarity economy organisations; (3) internationalisation model through a genetic algorithm; and (4) strategies related to sustainability. The results show internationalisation models with significant indicators such as number of partners, social capital, social benefit, access to international markets and employment. These models have goodness of fit with a high degree of precision (> 80%) and are a novel proposal to estimate the internationalisation of social capital cooperatives.https://doi.org/10.1186/s43093-024-00339-zSocial and solidarity economyInternational expansionSustainabilityEvolutionary optimisationSocioeconomic development
spellingShingle Mercedes Moreira-Menéndez
Roberto Pico-Saltos
Carlos Edison Zambrano
Internationalisation of non-financial social and solidarity economy cooperatives: case study in Ecuador
Future Business Journal
Social and solidarity economy
International expansion
Sustainability
Evolutionary optimisation
Socioeconomic development
title Internationalisation of non-financial social and solidarity economy cooperatives: case study in Ecuador
title_full Internationalisation of non-financial social and solidarity economy cooperatives: case study in Ecuador
title_fullStr Internationalisation of non-financial social and solidarity economy cooperatives: case study in Ecuador
title_full_unstemmed Internationalisation of non-financial social and solidarity economy cooperatives: case study in Ecuador
title_short Internationalisation of non-financial social and solidarity economy cooperatives: case study in Ecuador
title_sort internationalisation of non financial social and solidarity economy cooperatives case study in ecuador
topic Social and solidarity economy
International expansion
Sustainability
Evolutionary optimisation
Socioeconomic development
url https://doi.org/10.1186/s43093-024-00339-z
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AT robertopicosaltos internationalisationofnonfinancialsocialandsolidarityeconomycooperativescasestudyinecuador
AT carlosedisonzambrano internationalisationofnonfinancialsocialandsolidarityeconomycooperativescasestudyinecuador