DEFINITION:
- Community of Ownership and Interest: (compound noun/proposition) an all-inclusive collective/community of people, individuals and groups, who in any way have multi layered relationships with a place or cultural landscape and/or the operation of an institution, organisation or establishment – typically a network.
- Usage and context: cultural geography; civic and environmental planning; and community administration
- REFERENCE: Dr Bill Boyd, SCU et al
CONTEXT NOTE: Used in opposition to ‘stakeholder’: one who has a legitimate interest, stake and/or pecuniary interest in an enterprise, endeavor or entity. Also used to demonstrate inclusivity as opposed to the exclusive implications attached to ’stakeholder’.
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NOTE
To be a 'proper' STAKEholder you need to have 'skin in the game' or to put it another way, you need to have something to loose OR something to gain ... typically money.
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