Williams, C.C. and Martinez-Perez, A. (2014) Entrepreneurship in the informal economy: a product of too much or too little state intervention? International of Entrepreneurship and Innovation, 15 (4). pp. 227-237. ISSN 1465-7503
Abstract
Over the past decade or so, two competing theoretical perspectives have arisen that explain participation in informal entrepreneurship as resulting from either too little or too much state intervention. To evaluate these competing explanations critically, the authors report on a 2012 UK survey of 595 small business owners. Twenty per cent of these owners said that they had traded informally when starting up their ventures, and the authors examine and evaluate their reasons for doing so. It was found that 41% of the entrepreneurs attributed their off-the-books trading to too little state intervention (for example, a lack of government advice and support), 35% to too much intervention (burdensome red tape, high taxes, etc) and 24% to a mix of both factors. However, a multivariate analysis displays significant socio-demographic, firm-level and regional variations in the reasons. The outcome is a call to move towards more nuanced context-bound explanations of entrepreneurship in the informal economy.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2014 IP Publishing. This is an author produced version of a paper subsequently published in International Journal of Entrepreneurship and Innovation. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Informal sector; Informal entrepreneurship; Enterprise culture; Emterprise creation |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Management School (Sheffield) The University of Sheffield > Faculty of Social Sciences (Sheffield) > Department of Sociological Studies (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 24 Mar 2016 11:46 |
Last Modified: | 24 Mar 2016 12:19 |
Published Version: | http://www.ippublishing.com/ip.htm |
Status: | Published |
Publisher: | IP Publishing Ltd |
Refereed: | Yes |
Identification Number: | 10.5367/ijei.2014.0162 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:96576 |