Re-reading entrepreneurship in the hidden economy: commercial or social entrepreneurs?
Colin Williams and
Sara Nadin
International Journal of Entrepreneurship and Small Business, 2011, vol. 14, issue 4, 441-455
Abstract:
Since the turn of the millennium, a small but growing stream of the entrepreneurship literature has drawn attention to how a large proportion of entrepreneurs start-up their enterprises operating in the hidden economy on a wholly or partially off-the-books basis. This paper evaluates critically the assumption that these hidden entrepreneurs are engaged in commercial entrepreneurship. Reporting evidence from a 2002-2003 survey involving interviews with 28 early-stage entrepreneurs operating in the hidden economy in English rural localities, the finding is that hidden entrepreneurs range from rational economic actors pursuing a purely commercial goal through to purely social entrepreneurs pursuing solely social logics, with the majority somewhere in-between combining both commercial and social goals. The outcome is a call to begin mapping the heterogeneous logics of hidden entrepreneurs in different contexts.
Keywords: informal economy; shadow economy; underground economy; commercial entrepreneurship; social entrepreneurship; enterprise culture; nascent entrepreneurship; enterprise development; hidden economy; hidden entrepreneurs. (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://www.inderscience.com/link.php?id=43469 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ids:ijesbu:v:14:y:2011:i:4:p:441-455
Access Statistics for this article
More articles in International Journal of Entrepreneurship and Small Business from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().