Despite a widespread recognition in the mainstream entrepreneurship literature that many legitimate entrepreneurs do not pursue purely profit-driven commercial goals, the small but burgeoning literature on entrepreneurship in the informal economy has assumed entrepreneurs operating wholly or partially on an off-the-books basis are commercial rather than . To evaluate critically this assumption, evidence is reported from a survey involving face-to-face interviews with 70 located in deprived and affluent urban and rural English localities. The finding is that range from those pursuing ends through to purely social entrepreneurs pursuing solely social logics, with the majority situated somewhere in-between combining both commercial and social objectives. The outcome is a call to recognize that not all informal entrepreneurs are entrepreneurs and that the commercial versus will need to be transcended if the multifarious goals underpinning informal entrepreneurship are to be better understood.

Read More: http://www.worldscientific.com/doi/abs/10.1142/S1084946712500185

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