The Informal Economy in Developing Nations: Hidden Engine of by Erika Kraemer-Mbula,Sacha Wunsch-Vincent

By Erika Kraemer-Mbula,Sacha Wunsch-Vincent

The casual economic system represents an important percentage of output and employment in lots of constructing international locations. but little is understood approximately this hidden engine of innovation. This pioneering research addresses a few the most important questions, together with: what's the position of the casual region in monetary improvement? How does innovation ensue within the casual financial system? How does it unfold, who're the foremost actors and what affects does it have? How do inventors and marketers within the casual economic climate attain merits from their ideas? What stops casual zone innovation from scaling up? How can casual area innovation in constructing international locations be measured? And what rules could help casual region innovation and enhance its affects? This ebook will stimulate extra paintings in this the most important yet under-researched topic. in addition to wealthy empirical proof from numerous groundbreaking reviews, it contains conceptual and methodological instruments and coverage suggestions to assist researchers and policy-makers comprehend innovation within the casual economy.

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