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This study uses Wortman's Rural Economic Development Zones (Wortman, 1990a) and more recent work by Lyons (2002) as a point of departure to demonstrate entrepreneurship development suited to rural locations. We describe the current literature and rural electric cooperatives. Using a case method research design (Yin, 1994), we demonstrate the efforts of three modern rural electric cooperatives in the area of entrepreneurial development. The study concludes with a discussion of the implications to public policy makers, electric cooperative executives and researchers in the field of entrepreneurship.

Since the 1930s, corporate law scholarship has focused narrowly on the public corporation and the problem of the separation of ownership and control-a problem many now believe has been mitigated or even solved. With rare exceptions, scholars have paid far less heed to other business forms that still play important roles in the American economy. In this Article, we examine a significant and almost completely overlooked business form, the Rural Electric Cooperative (REC). RECs were founded in a moment of optimism during the New Deal. As with other cooperatives, their organizational rules differed sharply from those of for-profit corporations. They were owned by their customers, with each customer-member having one vote irrespective of their energy consumption, and it was hoped these owners would provide active oversight of the REC's managers and activities. Reality has proven otherwise. Corporate governance innovations of the last forty years have passed RECs by, leaving an organizational sector mired in governance dysfunctions stemming from the separation of ownership and control. Here we explain why RECs evolved as they did and why New Deal planners seized on the cooperative form to electrify the countryside; how significant governance problems have persisted, largely unaddressed, from the 1930s to today; and how a change in corporate governance rules, allowing for a market for corporate control in RECs, could fix some persistent problems in this still-important sector. Alternatively, we propose that RECs take up a new public role as rural broadband internet providers with a reinvigorated federal regulator to police governance failures.

"Serial no. 110-107." ; Shipping list no.: 2009-0224-P. ; Includes bibliographical references. ; Mode of access: Internet.

"... The critical role of the Palmetto State's electric cooperatives in bringing electricity to the rural population of the state and their ongoing efforts over decades to enhance the quality of life in the state's rural areas. From the moment the lights came on, South Carolina's electric cooperatives ushered rural South Carolina communities into the modern world by making labor-saving electric appliances and modern conveniences available to rural people, serving as a center of community experience, and, at the present moment, leading the effort to bring high-speed internet access to currently underserved rural citizens. The rise of electricity transmitted, delivered, and serviced by member-owned cooperatives and sanctioned by federal and state legislation is a fascinating and complicated saga, one that takes readers into politics, law, finance, business, territorial competition, the technology of electrical generation and transmission, and rural economic development. Ford touches on all of these issues in this short volume, but the focus will remain on the dramatic and continuing changes driven by the electricity and sense of community the cooperatives brought to farms and villages and towns across the state. Ford and Bailey explore how, across decades, the cooperatives helped bring dramatic, fundamental, and transformational change to the lives of rural people in South Carolina. To be sure, it was an era of dramatic change across much of South Carolina as ownership of automobiles and other modern improvements lessened the isolation of the countryside, but without question rural electrification changed the daily routines and life experiences of rural people-Black and White, men and women-repeatedly across the decades after the 'lights came on' in rural South Carolina. A final chapter will address the ongoing controversy of Santee Cooper, the state-owned electric utility which generates and sells over three-quarters of its electricity to one customer: South Carolina's electric cooperatives. James E. Clyburn, majority whip and the third-ranking Democrat in the United States House of Representatives, and a long-time supporter of electric cooperatives in South Carolina, provides a foreword"--

"... the critical role of the Palmetto State's electric cooperatives in bringing electricity to the rural population of the state and their ongoing efforts over decades to enhance the quality of life in the state's rural areas. From the moment the lights came on, South Carolina's electric cooperatives ushered rural South Carolina communities into the modern world by making labor-saving electric appliances and modern conveniences available to rural people, serving as a center of community experience, and, at the present moment, leading the effort to bring high-speed internet access to currently underserved rural citizens. The rise of electricity transmitted, delivered, and serviced by member-owned cooperatives and sanctioned by federal and state legislation is a fascinating and complicated saga, one that takes readers into politics, law, finance, business, territorial competition, the technology of electrical generation and transmission, and rural economic development. Ford touches on all of these issues in this short volume, but the focus will remain on the dramatic and continuing changes driven by the electricity and sense of community the cooperatives brought to farms and villages and towns across the state. Ford and Bailey explore how, across decades, the cooperatives helped bring dramatic, fundamental, and transformational change to the lives of rural people in South Carolina. To be sure, it was an era of dramatic change across much of South Carolina as ownership of automobiles and other modern improvements lessened the isolation of the countryside, but without question rural electrification changed the daily routines and life experiences of rural people-Black and White, men and women-repeatedly across the decades after the 'lights came on' in rural South Carolina. A final chapter will address the ongoing controversy of Santee Cooper, the state-owned electric utility which generates and sells over three-quarters of its electricity to one customer: South Carolina's electric cooperatives. James E. Clyburn, majority whip and the third-ranking Democrat in the United States House of Representatives, and a long-time supporter of electric cooperatives in South Carolina, provides a foreword."

Reuse of record except for individual research requires license from Congressional Information Service, Inc. ; CIS Microfiche Accession Numbers: CIS 77 S161-29 ; Microfiche. ; Mode of access: Internet.

Fiber optic cables used to provide commercial telecommunications services are increasingly run through the existing utility easements of electric cooperatives, but such use may exceed the easement's limitations. The Eighth circuit recently held in Barfield v. Sho-Me Power Elec. Coop., 852 F.3d 795 (8th Cir. 2017) that commercial telecommunication use of an electric utility's easement was impermissible. New Mexico should not follow the Eighth Circuit in its determination that commercial fiber use in electrical easements is not permissible. New Mexican communities could greatly benefit from fiber accessibility. However, there are several natural disincentives that exist in the state that could make it unattractive to commercial telecommunications companies. Allowing commercial telecommunications to deliver broadband internet through electric utility easements could combat these disincentives. Barfield is the ideal case to use for comparison because the controlling New Mexico law, while not identical, is comparable to the Missouri law at question. New Mexican electric cooperatives are poised to allow commercial telecommunications use of their easements in a manner similar to the use condemned in Barfield. The New Mexican courts would likely have to reach the same conclusion as the Eighth Circuit based on the similarity of the laws in question. This could be prevented by creation of legislation that would make fiberoptic use of electric utility easements a non-burden by statute. Taking this action would benefit New Mexico because of the state's geographical and social, situation. Additionally, the policies the New Mexico legislature has supported in regards to fiber optics connectivity would be advanced by allowing commercial telecommunications in utility easements. The need for fiber optic connectivity is distinct from the situation in Barfield, compelling New Mexico to create a preemptive legislative answer.