scholarly journals Towards the Development of the Informal Economy: The Case of Street Trading in Ile-Ife, Nigeria

Author(s):  
Titilayo Olubunmi Olaposi

Previously, scholars in Nigeria have argued for and against the continuing existence of street trading activity in cities but no known study had examined how street trading could be developed. This chapter seeks to provide empirical evidence for its characteristics, values and challenges in order to provide insights into how street traders could be supported to make their trading activity more productive and sustainable. Findings showed that the street traders need entrepreneurship education, financial support and favourable regulatory measures to facilitate the development of their trades. The chapter concludes that street trading could be highly productive and sustainable if adequately supported.

MANAJERIAL ◽  
2019 ◽  
Vol 5 (1) ◽  
pp. 41
Author(s):  
Ragil Dian Asmoro

This research purposed to achieve empirical evidence about factors affecting the interest in entrepreneurship. All predictor variable are entrepreneurship education, skills, and environtment. This research placed in University of Muhammadiyah Gresik. The number of respondend stated 31 colloge students from magement departmentfocused in entrepreneurship concern. Multiple regression used to test the hipothesys. The result find the empirical evidence that skills and environtment affecting the interest in entrepreneurship. Meanwhile, entrepreneurship education doesn’t influence the interest in entrepreneurship significantly.


Author(s):  
Guangwu Chen ◽  
Mingming Cheng ◽  
Deborah Edwards ◽  
Lixiao Xu

Abstract The outbreak of COVID-19 pandemic has resulted in a global economic recession but little is known about its impact on the informal economy including peer-to-peer rental market. Against this backdrop, this study assessed the financial loss of Airbnb listings and its hosts in Sydney from January to March 2020. Findings show that the pandemic resulted in 70% income loss for Airbnb hosts with hosts suffering eight times higher than the Airbnb platform itself. However, like other gig workers and freelancers, many Airbnb hosts are not qualified to claim the financial aids from the government in Australia. Our study shows the vulnerability of the sharing economy during a time of crisis. It contributes empirical evidence to the widening public debate on the sustainability and the sharing economy but most importantly, raises concerns over the sharing economy’s contribution to a resilient society and economy.


2020 ◽  
Vol 2 (1) ◽  
pp. 31-41
Author(s):  
Md Lazim Mohd Zin ◽  
Hadziroh Ibrahim

The present study attempts to provide empirical evidence on the relationship between the four facets of entrepreneurial supports and rural entrepreneurs business performance. The entrepreneurial supports considered in the study are entrepreneurship training, marketing support, business networking, and financial support. A survey among 183 rural entrepreneurs was carried out. Self-reported measures were used to obtain data pertaining to government entrepreneurial initiatives and rural entrepreneurs’ business performance. The multiple regression analysis was used to ascertain the proposed relationships and it was found that all entrepreneurial initiatives such as entrepreneurship training, marketing support, business networking and financial support were significantly related to business performance. Discussion on the findings is highlighted, so as the implications for practice and future research. Towards the end, the paper also highlights limitations of the study that could be taken into consideration by future scholars for further empirical enrichment.


Author(s):  
Phan Anh Tu

This chapter argues that while informal entrepreneurship is important in transition economies (for economic growth, job generation, and welfare improvement), it opens informal entrepreneurs to bribery requests because of their non-official status. With empirical evidence from Vietnam, this chapter demonstrates that the likelihood of bribery is determined by a firm's attributes. Building on a unique dataset of 352 entrepreneurs in informal firms in Vietnam, this chapter is able to quantify bribery at the firm level and measure key concepts. The empirical findings confirm the key assumption that entrepreneurs operating in the informal sector of the same country may vary in their propensity to pay bribes due to pressure resulting from (a) factors that are specific to the firms, or (b) factors specific to their perceptions of the environment.


2020 ◽  
Vol 12 (24) ◽  
pp. 10563
Author(s):  
Chih-Hung Yuan ◽  
Dajiang Wang ◽  
Chuanyu Mao ◽  
Feixia Wu

Entrepreneurship is a double-edged sword. Entrepreneurs may either reap great rewards or suffer great damages from crises in the near future. Therefore, it is crucial to offer entrepreneurship education to students. This would help them broaden their horizons in graduate employment. This study compares graduate entrepreneurs and graduate employees in China, focusing on their career development. The results of the study show that graduate entrepreneurs have higher career satisfaction than graduate employees. In addition, graduate entrepreneurs have greater work commitments than graduate employees, although they also have higher job stress. We also found that most graduates in either group could earn a living easily. A certain number of the two parties spent more than what they earned mainly to provide financial support to their families.


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