Entrepreneurship in the informal economy : models, approaches and prospects for economic development

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Title:

Author:

Thai, Mai Thi Thanh.

ISBN:

9780415813822

Publication Information:

New York : Routledge, Taylor & Francis Group, c2013.

Physical Description:

xv, 284 p. : ill. ; 24 cm.

Series:

Routledge studies in entrepreneurship ; 3

Contents:

Machine generated contents note: pt. I Determinants of Informal Entrepreneurship -- 1.Determinants of Informal Entrepreneurship: A Cross-Country Analysis / Ekaterina Turkina -- 2.Informal versus Formal New Ventures: A Choice Analysis and Some Policy Implications / Bernard Sinclair-Desgagne -- 3.Evaluating the Competing Explanations for Informal Entrepreneurship: Some Lessons from Brazil / Youssef Youssef -- 4.Motivations of Entrepreneurs in the Informal Economy: Examples from Cambodia / Scott A. Hifsher -- pt. II Financial Aspects of Informal Entrepreneurship -- 5.Informal Venture Capital Investing in Emerging Asian Economies / Thawatachai Jittrapanun -- 6.Alternative Financial Services: An Essential Tool for Informal Entrepreneurs / Les Dlabay -- pt. III Organizational Forms of Informal Entrepreneurship -- 7.Informal Online Entrepreneurship in South Korea / Chung Han --

Contents note continued: 8.Institutional Entrepreneurship in the Informal Economy: The Case of the Zambia National Marketeers Association / Marcus Møller Larsen -- 9.Informal Entrepreneurs in Central America: A Labor of Love or Survival? / Michael J. Pisani -- pt. IV Institutional Environment for Informal Entrepreneurship -- 10.Unbundling Institutional Reform: The Case of a Garment Cluster in Lima, Peru, 1988-2008 / Matthew Bird -- 11.Tackling Informal Entrepreneurs: Tailoring Policy Measures to the Varieties of Informal Entrepreneurship / Colin C. Williams -- pt. V Sociocultural Contexts of Informal Entrepreneurship -- 12.The Feminine Paradigm of Entrepreneurship in the Informal Economy / Marsha A. Tongel -- 13.Enterprise Education for Small Artisanal Businesses: A Case Study of Sokoban Wood Village, Ghana / Ahmed Agyapong -- 14.When Religion Meets Capitalism: A Study of the Role of Islam among North African Entrepreneurs in Montreal / Sebastien Arcand --

Contents note continued: pt. VI The Role of Informal Entrepreneurship in Economic Development -- 15.Informal Economy and Women Entrepreneurs: A Case Study of Senegal in Africa / Alpha Ayande -- 16.Enhancing Well-Being at the Household Level: The Impact of informal Economy Activity on Poverty Reduction in the Traditional Ankole Kingdom of S.W. Uganda / Tony Ghaye -- pt. VII Concluding Remarks -- 17.Informal Economy Entrepreneurship and Policy Implications / Leo-Paul Dana.

Subject Term:

Entrepreneurship.

Informal sector (Economics)

Economic development.

Added Author:

Thai, Mai Thi Thanh.

Turkina, Ekaterina.

Copies:

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Library	Material Type	Item Barcode	Shelf Number	Copy	Status
Searching... 1:IIEMSA	1:GEN-BOOK	33168025583994	338.04 T364E 2013	1	Searching... Unknown

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Summary

Although entrepreneurship in the informal economy occurs outside state regulatory systems, informal commercial activities account for an estimated 30% of economic activity around the world. Informal entrepreneurship goes unmonitored despite the fact that it significantly contributes to poverty reduction and economic development. As a result, the informal sector is open to unethical practices including corruption, worker exploitation, and natural environment abuse to name just a few. In the media, debates have formed around whether informal entrepreneurship should be assisted or legitimized. Hence, a deep understanding of the phenomenon is vitally important.

This book is the first on the market to offer models and approaches to informal entrepreneurship as well as to its prospects for economic development. Offering an in-depth examination of informal entrepreneurship in many different countries, it reveals the motivations for engaging in entrepreneurship in the informal economy, characteristics of informal entrepreneurship, and informal entrepreneurs' response to ethical issues. This volume illustrates the relationship between formal and informal economies and the conditions for the benefits of informal entrepreneurship to outweigh its disadvantages. And finally, it gives recommendations about when and how the informal economy can be formalized, which sectors should be formalized, and which ones can remain informal. This book offers much-needed guidance for stakeholders involved in economic development programs and scholars and entrepreneurs interested in the field of informal entrepreneurship as it is developing around the globe.