Entrepreneurship in the Informal Sector: An Institutional Perspective

— —

Colin Williams (University of Sheffield, United Kingdom University of Sheffield, UK) Janine Swail

Entrepreneurship in the Informal Sector

An Institutional Perspective

Colin Williams (University of Sheffield, United Kingdom University of Sheffield, UK), Janine Swail, Colin C. Williams (University of Sheffield, United Kingdom)

$81.99

Paperback

Not in-store but you can order this
How long will it take?

Availability Information

We source books from suppliers in Australia and overseas. For books we don't currently have in stock, the time it takes to get them from our suppliers can vary widely - from a few days to a few months - so we check each book with each supplier to determine the expected time it will take to be supplied to us.

We then advise you accordingly. If the time taken to get any book is too long for you, you can let us know and we will cancel or adjust your order, and refund as required.

To find out the anticipated arrival time for specific items prior to ordering, please contact us by phone or email:

Phone +61 2 9264 3111, or 1800 4 BOOKS (1800 4 26657) if outside Sydney:
option 1 Abbey's Bookshop (Crime, History, Science, Kids & more) • info@abbeys.com.au
option 2 Language Book Centre (ESL & Foreign Languages) • language@abbeys.com.au
option 3 Galaxy Bookshop (Sci-fi, Fantasy, Romance, Graphic Novels) • sf@galaxybooks.com.au

QTY:

English

Routledge
06 December 2019

Development economics; Entrepreneurship; Business mathematics & systems

Series: Routledge Studies in Entrepreneurship

How many businesses start-ups conduct some or all of their trade ‘off-the-books’? And how many enterprises continue to do some of their work off-the-books once they are more established? What should be done about them? Should governments adopt ever more punitive measures to eradicate them? Or should we recognise this hidden enterprise culture and attempt to harness it? If so, how can this be done? What measures can be taken to ensure that businesses start-up in a proper manner? And what can be done to help those enterprises and entrepreneurs currently working off-the-books to legitimise their businesses?

The aim of this book is to advance a new way of answering these questions. Drawing inspiration from institutional theory, informal sector entrepreneurship is explained as resulting from the asymmetry between the codified laws and regulations of a society’s formal institutions and the norms, values and beliefs that comprise a society’s informal institutions. The argument is that if the norms, values and beliefs of entrepreneurs (i.e., their individual morality) were wholly aligned with the codified laws and regulations (i.e., state morality), there would be no informal sector entrepreneurship. However, because the individual morality of entrepreneurs differs from state morality, such as due to their lack of trust in government and the rule of law, the result is the prevalence of informal sector entrepreneurship.

The greater the degree of institutional asymmetry, the higher is the propensity to engage in informal sector entrepreneurship. This book provides evidence to show that this is the case both at the individual- and country-level and then discusses how this can be overcome.

.

By: Colin Williams (University of Sheffield United Kingdom University of Sheffield UK), Colin C. Williams (University of Sheffield, United Kingdom)
Series edited by: Janine Swail
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 229mm, Width: 152mm,
Weight: 453g
ISBN: 9780367873721
ISBN 10: 0367873729
Series: Routledge Studies in Entrepreneurship
Pages: 236
Publication Date: 06 December 2019
Audience: College/higher education , Primary
Format: Paperback
Publisher's Status: Active

1. Introduction Part 1: Theorising Entrepreneurship in the Informal Sector 2. An Institutionalist Perspective 3. Determinants of Institutional Asymmetry Part 2: Informal Sector Entrepreneurship in Global Perspective 4. Prevalence of Informal Entrepreneurship 5. Impacts of Informal Entrepreneurship 6. Reasons for Informal Entrepreneurship Part 3: Tackling Informal Sector Entrepreneurship 7. Policy Options and Approaches 8. Hard Direct Policy Measures 9. Soft Indirect Policy Measures 10. Conclusions

Colin C. Williams is a Professor of Public Policy at Sheffield University Management School.