The Informal Economy in Developing Nations by Erika Kraemer-M... - 9781107157545

The Informal Economy in Developing NationsHidden Engine of Innovation?\nAuthor(s): Erika Kraemer-Mbula, Sacha Wunsch-Vincent\nFormat: Hardback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9781107157545, 978-1107157545\nSynopsis\nThe informal economy represents a significant share of output and employment in many developing countries. Yet little is known about this hidden engine of innovation. This pioneering study addresses some crucial questions, including: what is the role of the informal sector in economic development? How does innovation occur in the informal economy? How does it spread, who are the key actors and what impacts does it have? How do inventors and entrepreneurs in the informal economy reap benefits from their innovations? What stops informal sector innovation from scaling up? How can informal sector innovation in developing countries be measured? And what policies might support informal sector innovation and i.