GSEF2016]: A case of real and sustainable economic development: The Mondragon co-operative corporation

Category: 
Europe
SSE Organisation
Class: 
Urban & Rural Regeneration / Community

Presented at: GSEF2016 Montreal

Organisation: LKS S. Coop. - Corporación MONDRAGON (SSE organization)

Date: September 7, 2016

Presenter: Mr. Ibon Zugati (International Project Manager)

Contactsj.bilbao@lks.es

Summary:

The Mondragon Corporation is a real success story of the development of the social economy in the fundamental industrial sector, with significant developments in areas such as the university, research, retail, finances, and services to private companies and public administrations, among others. Its co-operative base still prevails at present, despite its size. Its impact on the economic and technological development of the Basque Country in particular and on the Spanish state as a whole as well as its basis of socially sustainable economy and its international scope make Mondragon a paradigm of the social economy which can serve as an example for start-ups. Its development in demanding business sectors has allowed it to evolve with innovative methodologies and practical experiences in other areas, such as regional development or city and government strategies, among others.