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What is Informal Enterprise

Cases on Survival and Sustainability Strategies of Social Entrepreneurs
A firm employing workers between 1 to 10 people with a capital injection of less than USD 10,000.
Published in Chapter:
Towards Enhancing Migrant Social Entrepreneurship Through Social Capital in Durban, South Africa
Ndwakhulu Stephen Tshishonga (University of KwaZulu-Natal, South Africa)
DOI: 10.4018/978-1-7998-7724-0.ch004
Abstract
This chapter interrogates the notion of social capital and its potential impact on enhancing or undermining the socio-economic efforts by migrants in Durban, South Africa. Tshishonga argues that it is through entrepreneurship that entrepreneurs transform their innovative and creative ideas into business enterprises and job creation. This chapter is concerned about migrant social entrepreneurial endeavours as a source of livelihoods within the informal economic sector. Informal businesses initiated by migrants have proven to be successful and sustainable compared to that of the locals. Despite the challenges faced by migrant entrepreneurs such as financial deficit, xenophobia, anti-foreign policies, victimisation, violence, and harassment, absence of police protection, etc., these enterprises thrive. This chapter employs a case study method where 15 African immigrant entrepreneurs were targeted to determine how social capital is used to expand and sustain their businesses.
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More Results
Fostering Corporate Sustainability Through Formalization
Also called shadow enterprise, refers to those companies which have not followed a formal process of creation and/or do not pay taxes, do not follow accounting norms, neither pay fringe benefits to their workers.
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Incorporating Media in Promoting Lifelong Learning Among Street Vendors in Ghana
An economic activity such as street vending and sale of food which is neither registered, nor regulated.
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Immigrant Entrepreneurship in Africa: A Zambian Perspective
A firm employing workers between 1 to 10 people with a capital injection of less than USD 10,000.
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