Businessglobal-economy
Informal Businesses Are Vital to Entrepreneurial Ecosystems
A recent systematic review published in the International Journal of Entrepreneurship and Small Business challenges the traditional view of informal businesses. It argues that these entities are not merely peripheral, but essential components of a healthy entrepreneurial ecosystem. The research suggests that policymakers should integrate informal enterprises into broader economic strategies. By recognizing their role, governments can foster more inclusive and robust economic growth.