Entrepreneurship in the informal economy: why it matters

The informal economy is generating 10-20% of GDP in developed countries. It takes many forms and is difficult to measure, but has nevertheless a permanent and widely acknowledged characteristic: strong entrepreneurial dynamism. However; research seldom focuses on this aspect. This paper addresses this gap by offering a conceptual,framework for entrepreneurial activities within the informal economy. The authors also discuss how crossing canonical entrepreneurship models and theories with atypical empirical contexts such us, for instance, deprived neighbourhoods can help consolidate existing evidence and/or, on the contrary, unveil myths and even generate new hypotheses and innovative and stimulating management methods.