Evaluating entrepreneurs in the shadow economy: economic or social entrepreneurship?
by Colin C. Williams; Sara Nadin
International Journal of Management and Enterprise Development (IJMED), Vol. 11, No. 1, 2011

Abstract: Recently, a growing stream of literature on entrepreneurship has revealed that many entrepreneurs start-up their enterprises operating wholly or partially off-the-books. This paper evaluates critically the assumption that these shadow entrepreneurs are engaged in for-profit economic entrepreneurship. Reporting a 2005 survey involving interviews with 43 shadow entrepreneurs in North Nottinghamshire in the UK, the finding is that shadow entrepreneurs range from purely rational economic actors pursuing for-profit logics through to purely social entrepreneurs pursuing only social logics, with the majority somewhere in-between. The result is a call for more nuanced understandings of the heterogeneous logics of shadow entrepreneurs.

Online publication date: Thu, 30-Apr-2015

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