Petray, Theresa, Achterberg, Coralie, Jorgensen, Miriam, and Clague, Pauline (2023) Indigenous Nation-Owned Businesses? Or Individually-Owned Businesses? The Pros and Cons of Each. Report. Gugu Badhun Aboriginal Corporation, Townsville, QLD.

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Abstract

This discussion paper presents two main options for Indigenous Nations to consider when developing their economy: investing in businesses that are owned collectively by the Nation, and offering financial support to citizen-entrepreneurs to establish their own businesses. The paper outlines some benefits and challenges of each approach. It poses some questions for Gugu Badhun Nation to consider in their decision-making around economic development, and considerations for both business types to ensure strong governance and economic integration. The discussion paper concludes with a reminder that economies should be considered holistically, almost like an ecosystem, with lots of parts that work together to support one another.

Item ID:	81363
Item Type:	Report (Report)
ISBN:	978-0-6457422-3-7
Copyright Information:	Copyright Gugu Badhun Aboriginal Corporation, 2023. Photos of Gugu Badhun Country, copyright Theresa Petray, 2023.
Sensitivity Note:	Report is available to Gugu Badhun Nation and via their website but not publicly available.
Funders:	Australian Research Council
Projects and Grants:	DP190102060
Date Deposited:	16 Dec 2024 05:24
FoR Codes:	44 HUMAN SOCIETY > 4410 Sociology > 441004 Social change @ 50% 45 INDIGENOUS STUDIES > 4505 Aboriginal and Torres Strait Islander peoples, society and community > 450525 Aboriginal and Torres Strait Islander sociology @ 50%
SEO Codes:	21 INDIGENOUS > 2101 Aboriginal and Torres Strait Islander community services > 210102 Aboriginal and Torres Strait Islander development and wellbeing @ 100%
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