Challenges and Success Potentials of Platform Cooperatives: Insights from a Multiple Case Study

Summary

Platform cooperatives are gaining attention, offering a socially-oriented alternative to traditional digital platforms. These cooperatives are owned and managed democratically but face challenges like complex governance and funding shortages. Research suggests that to succeed, they should emphasize their cooperative identity, regional focus, and social profile while managing democratic governance effectively. Differentiation strategies and innovative financing methods are also crucial. This insight aids the understanding of digital platforms and platform cooperatives, highlighting their potential and hurdles.