Mizan and Socio-Economic Development: Focus On Economic Kampung and Kampung Cooperative
The ‘Social Economy’ constitutes a broad range of activities which have the potential to provide opportunities for local people and communities to engage in all stages of the process of local economic regeneration and job creation, from the identification of basic needs to the operationalisation of initiatives. The sector covers the economic potential and activities of the selfhelp and co-operative movements, i.e. initiatives which aim to satisfy social and economic needs of local communities and their members. This sector includes co-operatives; self-help projects; credit unions; housing associations; partnerships; community enterprises and businesses. The Social Economy is the fastest growing sector in Europe and this context is fertile ground for the creation of many new enterprises locally.(Molloy et al. 1999)
Socio-economic development is much related to the cooperatives movement since the struggle of cooperative movement is to develop values focused on human needs within a competitive capitalist system. The International Co-operative Alliance was founded and held its first congress in Manchester in 1896. Today the Co-operative Principles are successfully applied throughout the world to a vast array of co-operative enterprises, farming co-operatives, fishing co-operatives, credit unions, retail co-operatives, manufacturing co-operatives, even co-operatives providing internet access services (SOEMCO, 2016).
This study embarks on the following objectives:
Realizing the advantages of a cooperative for a community development, this research seeks to identify potential ideas of social enterprise for business opportunities using resources of kampung. Ultimately, this research expects to design a socio-economic framework of social entrepreneurship through cooperative.
Statistic of Cooperative in Negeri Sembilan
Based on the information given in this pie chart shows that the cooperative registered on Suruhanjaya Koperasi Malaysia Negeri Sembilan. The most areas cooperative registered was located in Seremban/Jelebu and Kuala Pilah/Jempol. However, the fewest area cooperative registered at Port Dickson as well as known Port Dickson are the most popular with tourism activity. Here shows what type of social enterprise for business opportunities using resources of Kampung through cooperative.