Small Businesses in the Informal Economy: Making the Transition to the Formal Economy

Williams, Colin

Small Businesses in the Informal Economy: Making the Transition to the Formal Economy

C. Williams, Small Businesses in the Informal Economy: Making the Transition to the Formal Economy, Small Business Service, 2004

62 Pages Posted: 30 Jun 2013

See all articles by Colin Williams

Colin Williams

University of Sheffield - School of Management

Date Written: 2004

Abstract

A review of the evidence on policy measures for formalising informal enterprise.

In this report, the term informal economy is used to refer to entrepreneurs who are producing legal goods and services but who are hidden from the state for tax or benefits purposes.

Keywords: entrepreneurship, small businesses, informal economy, venture creation, enterprise culture, enterprise

JEL Classification: O17

Suggested Citation: Suggested Citation

Williams, Colin, Small Businesses in the Informal Economy: Making the Transition to the Formal Economy (2004). C. Williams, Small Businesses in the Informal Economy: Making the Transition to the Formal Economy, Small Business Service, 2004, Available at SSRN: https://ssrn.com/abstract=2287001