DP14368 Microentrepreneurship in Developing Countries
Author(s): | Seema Jayachandran |
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.