POLICY SUPPORT FOR INFORMAL SECTOR ENTREPRENEURSHIP: MICRO-ENTERPRISES IN INDIA

Abstract

This paper highlights the presence of a hidden enterprise culture in the Indian informal economy (versus a necessity driven view) and draws a developmental framework to harness micro-enterprise owners. Policy research has typically taken a welfare approach toward studying the informal sector in the developing countries. Therefore, the agenda has been to create a favorable environment for survival instead of cultivating entrepreneurship and facilitating their growth. Conversely, this paper explores a strategic orientation for the informal sector. The proposed framework balances entrepreneurial spirit of the individuals, market dynamics of the economy, and socio-economic imperatives of a developing nation. Implications for research and policy are also drawn.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 31 citations exist upstream.