DP14368 Microentrepreneurship in Developing Countries
|Publication Date:||January 2020|
|Keyword(s):||female entrepreneurship, Informal sector, Self-employment, small businesses|
|JEL(s):||J16, J24, L26|
|Programme Areas:||Labour Economics, Development Economics|
|Link to this Page:||cepr.org/active/publications/discussion_papers/dp.php?dpno=14368|
This article reviews the recent literature in economics on small-scale entrepreneurship ("microentrepreneurship") in low-income countries. Major themes in the literature include the determinants and consequences of joining the formal sector; the impacts of access to credit and other financial services; the impacts of business training; barriers to hiring; and the distinction between self-employment by necessity and self-employment as a calling. The article devotes special attention to unique issues that arise with female entrepreneurship.