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Evaluating the Nature of the Relationship between Informal Entrepreneurship and the Formal Economy in Rural Communities

Colin Charles Williams, Sara J. Nadin · 2011 · The International Journal of Entrepreneurship and Innovation

Summary. This paper examines how informal entrepreneurship relates to the formal economy in rural England. Through 350 interviews, the authors find that no single theory explains informal entrepreneurship universally. Instead, informal enterprises function simultaneously as remnants of past economies, survival strategies for excluded workers, and complements or alternatives to formal participation. A combined theoretical approach better captures this complex phenomenon.

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Williams, C. C., & Nadin, S. J.. (2011). Evaluating the Nature of the Relationship between Informal Entrepreneurship and the Formal Economy in Rural Communities. The International Journal of Entrepreneurship and Innovation. https://doi.org/10.5367/ijei.2011.0028

Details

DOI
10.5367/ijei.2011.0028
Countries
United Kingdom
Regions
Europe
Categories
entrepreneurship, rural-data-and-definitions, general-innovation
Added
2026-10-01