Entrepreneurship in the Informal Economy: Models, Approaches and Prospects for Economic Development

[No abstract available]

Over the past two decades, there has been a revival of interest in the informal economy because of its impact on the reality and daily lives of African people. This interest is based on the fact that the local populations perceive the informal economy as an alternative economic development model, wh…

The role of micro-and small businesses in promoting economic development has been well documented (Robson et al. 2009). In sub-Saharan Africa, most of these businesses are found in the informal sector (Adams 2008; Schneider 2008). In Ghana, informal sector employment represents about 80% of the tota…