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What is informal entrepreneurship?

  • Management Dictionary
  • Entrepreneurship
26 views

Informal entrepreneurship encompasses economic activities that operate outside legal frameworks and represents a significant share of the global economy, particularly in developing countries.
It offers flexibility and serves as an economic lever to reduce unemployment and poverty, but also raises challenges related to the lack of social protection and low productivity.
Recognizing and valuing this sector is essential to optimize its socio-economic impact.

Keywords
  • Economic flexibility, Informal entrepreneurship, Lack of legal framework, Socio-economic role, Transition to formalization

Author(s)

GHAMGUI Nizar
Professeur assistant en Entrepreneuriat
EM Normandie

Institution(s)

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