Whakatipu rawa ma nga uri whakatipu: optimising the "Maori" in Maori economic development

One of the great challenges for indigenous and non-indigenous entrepreneurs in the twenty-first century is to move beyond profit maximisation as an acceptable modality for doing business and gravitate towards the concept of socially optimal outcomes, where maximising community well-being and minimis...

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Bibliographic Details
Published in:AlterNative : an international journal of indigenous peoples 2017-06, Vol.13 (2), p.80-88
Main Authors: Awatere, Shaun, Mika, Jason, Hudson, Maui, Pauling, Craig, Lambert, Simon, Reid, John
Format: Article
Language:English
Subjects:
Business enterprises, Maori
Economic development projects
Entrepreneurship
Maori (New Zealand people)
Planning
Social aspects
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Summary:One of the great challenges for indigenous and non-indigenous entrepreneurs in the twenty-first century is to move beyond profit maximisation as an acceptable modality for doing business and gravitate towards the concept of socially optimal outcomes, where maximising community well-being and minimising externalities to the natural environment and social justice are paramount. We present findings from a case-study analysis of Maori enterprises that demonstrate a wealth of successfully kaupapa Maori (Maori ideology)-attuned strategy and policy. The case studies provide practical examples of the incorporation and expression of kaupapa Maori values into strategy and policy of Maori enterprises. We also identify the numerous challenges to implementing kaupapa Maori in the management of Maori Asset Holding Institutions and offer a way forward. Although the case studies are context specific, they provide some key principles and learning that can guide the greater uptake of kaupapa Maori entrepreneurship.
ISSN:1177-1801
1174-1740
DOI:10.1177/1177180117700816