Being an (in)Formal Afro-Descendant Entrepreneur in Medellín, Colombia: A Case Study

John Fernando Macias Prada, Diego René Gonzales Miranda and Sébastien Arcand ()
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John Fernando Macias Prada: EAFIT University
Diego René Gonzales Miranda: EAFIT University
Sébastien Arcand: HEC Montréal

A chapter in Informal Ethnic Entrepreneurship, 2019, pp 289-310 from Springer

Abstract: Abstract Many Afro-descendants residing in Medellin seek to have an impact on their territories to achieve and guarantee minimum economic conditions for a better communities’ quality of life and the preservation of their cultural identity. Using a propositional and qualitative approach, this chapter analyzes the process of inception and development of these black entrepreneurships, from the study of three specific cases. Entrepreneurship processes carried out by the Afro-descendant population of the District 13 in Medellin have been surrounded by an institutional context that these entrepreneurs have taken advantage of to develop their entrepreneurial activities. The entrepreneurs who participated in the study move continuously between the formal and the informal economy. While they look for opportunities to generate income through informal ways (subsistence strategies such as food preparation, cleaning, and masonry), they also use formal ways (participation in institutional programs of business entrepreneurship promotion).

Keywords: Afro-Colombians; Medellin; Ethnic entrepreneurship; Formal/informal (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-99064-4_18

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DOI: 10.1007/978-3-319-99064-4_18

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