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Entrepreneurial activation: the Spanish Capitalisation of Unemployment Benefits programme

Entrepreneurial activation: the Spanish Capitalisation of Unemployment Benefits programme

Chapter:
(p.157) Seven Entrepreneurial activation: the Spanish Capitalisation of Unemployment Benefits programme
Source:
Active social policies in the EU
Author(s):
Aitor Gómez González
Publisher:
Policy Press
DOI:10.1332/policypress/9781861342805.003.0007

This chapter is centred on the Capitalisation of Unemployment Benefits programme, which is the most important employment scheme in Spain. It explains that this programme allows the unemployed who are entitled to unemployment benefits to capitalise the total value of these benefits and invest it in a new or already-established social company. It details the specific characteristics of the scheme and how it differs from the mainstream of employment programmes in the EU countries. It also explores the experiences of participants in the scheme in terms of its contribution to inclusion and exclusion. It highlights that by capitalising unemployment benefits in a social economy, workers become co-owners of the company where they work, thus, promoting ‘entrepreneurial activation’. It explains that this scheme allows a limited role of the state and increases autonomy and responsibility at work, which elicits different reactions and is experienced in different ways by the participants.

Keywords:   entrepreneurial activation, Spain, unemployment benefits programme, invest, employment programmes, EU countries, social economy

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