Prevalence of Informal Entrepreneurship

Author(s):  
Colin C. Williams
Author(s):  
Andrisha Beharry Ramraj

This chapter will examine the role of different stakeholders towards alleviating the constraints towards the growth of informal entrepreneurship. The stakeholders that will be investigated include the government, consumers, and the private sector. This study will comprise of a literature review that explores the challenges that affect the growth of informal entrepreneurship. While exploring these factors the role played by different stakeholders to alleviate the challenges are identified and analysed. A methodology that is based on desktop qualitative research, key findings, and discussions are examined, and conclusions based on the acquired research are drawn.


2020 ◽  
Vol 62 (5) ◽  
pp. 475-488 ◽  
Author(s):  
Paul Agu Igwe ◽  
Kenny Odunukan ◽  
Mahfuzur Rahman ◽  
David Gamariel Rugara ◽  
Chinedu Ochinanwata

2017 ◽  
Vol 22 (04) ◽  
pp. 1750022
Author(s):  
EUNICE MARIA M. N. DOS SANTOS ◽  
JOÃO J. FERREIRA

This study involves the analysis of the scientific outputs on informal entrepreneurship (IE hereafter) over the period from 1990 to 2016. We deploy a combination of bibliometric techniques such as citations, bibliographic coupling as well as approaching the social networks established. We sourced the contents thus analyzed from the online Thomson/Reuters-ISI database and the online Scopus database run by the Elsevier Publishing Company, which returned a total of 44 and 95 publications for analysis, respectively. From among the 139 articles analyzed, the journals Entrepreneurship and Regional Development and Journal of Developmental Entrepreneurship stand out as the publishers of the largest number of articles. We encounter studies on IE in developing countries as a low-income activity that contributes to the economic development of the region. The motivations and the determinants of informality are common to the majority of the scientific outputs and effectively serving as the analytical basis either for arguing in favor of the formalization of the business. Another aspect present in the literature interrelates IE with the quality of governance and economic liberalization. This analysis facet ensures IE gains in scientific profile within the ongoing context of discussions over neoliberalism and its effects on the world economy.


Author(s):  
Zoltan J. Acs ◽  
Sameeksha Desai ◽  
Pekka Stenholm ◽  
Robert Wuebker

2015 ◽  
Vol 20 (01) ◽  
pp. 1550006 ◽  
Author(s):  
COLIN C. WILLIAMS

The aim of this paper is to review the various policy options, approaches and measures that can be used to address informal entrepreneurship. To do this, it first reviews four possible policy options, namely taking no action, eradicating informal entrepreneurship, moving formal entrepreneurship into the informal economy, or transforming informal entrepreneurship into formal entrepreneurship. Revealing that transforming informal entrepreneurship into formal entrepreneurship is not only the most viable option but also the approach most commonly adopted by supra-national agencies and national governments, a review is then undertaken of how this can be achieved using either direct controls, which seek to increase the costs of informal entrepreneurship and/or the benefits of formal entrepreneurship, or indirect controls that seek to generate a commitment to compliance and greater self-regulation. It is then revealed how these approaches and their accompanying policy measures are not mutually exclusive and can be combined in various ways, exemplified by the responsive regulation and slippery slope approaches. The outcome is a comprehensive review and evaluation of the various policy options, approaches and measures available to policy makers for addressing informal entrepreneurship along with some recommendations regarding the way forward.


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