Entrepreneurship And The Shadow Economy

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Entrepreneurship and the Shadow Economy

Author : Arnis Sauka
Publisher : Edward Elgar Publishing
ISBN 13 : 1784719889
Total Pages : 248 pages
Book Rating : 4.7/5 (847 download)

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Book Synopsis Entrepreneurship and the Shadow Economy by : Arnis Sauka

Download or read book Entrepreneurship and the Shadow Economy written by Arnis Sauka and published by Edward Elgar Publishing. This book was released on 2016-05-28 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: The shadow economy has become the focus of policy makers around the world. This timely book explores the relationship between entrepreneurship and the shadow economy, by reviewing how to measure, explain and tackle this hidden enterprise culture. The editors bring together leading authorities in the field to examine existing methods to measure shadow economy, explore entrepreneurship and shadow economy practices in various contexts, and provide policy suggestions for decreasing the shadow economy. It concludes by encouraging further research in this ever-growing field. Students and scholars in the field of entrepreneurship and the shadow economy will find this book to be of use to their work. It will also be of use to those in disciplines, such as sociology, economics and global studies, as well as practitioners in the field of public policy. Contributors:Y. Abdih, J.E. Amoros, A. Chepurenko, J.P. Couyoumdjian, O. Cristi, E. Denisova-Schmidt, I.A Horodnic, L. Medina, M. Minniti, Y. Prytula, T.J. Putnins, A. Sauka, F. Schneider, M. Virtanen, C.C. Williams, J. Windebank

Formalizing the Shadow Economy in Serbia

Author : Gorana Krstić
Publisher : Springer
ISBN 13 : 331913437X
Total Pages : 182 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Formalizing the Shadow Economy in Serbia by : Gorana Krstić

Download or read book Formalizing the Shadow Economy in Serbia written by Gorana Krstić and published by Springer. This book was released on 2015-04-21 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main objective of this book is to develop a strategy and policy measures to enhance the formalization of the shadow economy in order to improve the competitiveness of the economy and contribute to economic growth; it explores these issues with special reference to Serbia. The size and development of the shadow economy in Serbia and other Central and Eastern European countries are estimated using two different methods (the MIMIC method and household-tax-compliance method). Micro-estimates are based on a special survey of business entities in Serbia, which for the first time allows us to explore the shadow economy from the perspective of enterprises and entrepreneurs. The authors identify the types of shadow economy at work in business entities, the determinants of shadow economy participation, and the impact of competition from the informal sector on businesses. Readers will learn both about the potential fiscal effects of reducing the shadow economy to the levels observed in more developed countries and the effects that formalization of the shadow economy can have on economic growth.

The Hidden Enterprise Culture

Author : Colin C. Williams
Publisher : Edward Elgar Publishing
ISBN 13 : 1847201881
Total Pages : 276 pages
Book Rating : 4.8/5 (472 download)

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Book Synopsis The Hidden Enterprise Culture by : Colin C. Williams

Download or read book The Hidden Enterprise Culture written by Colin C. Williams and published by Edward Elgar Publishing. This book was released on 2008-01-01 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will be an excellent primer for policy makers wishing to understand the nature and contradictory significance of the underground economy and needing to design suitably subtle policy responses to it. Roger Lee, Growth and Change The Hidden Enterprise Culture is a top pick for any economist or academician interested in this field, as well as for any underground entrepreneur who wants to make their enterprise lawful with the fewest possible legal complications. Midwest Book Review Strongly recommended for policy makers and students of business. Global Business Review Portraying how entrepreneurs often start out conducting some or all of their trade on an off-the-books basis and how many continue to do so once they become established, this book provides the first detailed account of the vast and ubiquitous hidden enterprise culture existing in the interstices of western economies. Until now, the role of the underground economy in enterprise creation, entrepreneurship and small business development has been largely ignored despite its widespread prevalence and importance. In contrast to much of the previous literature that views the underground economy as low-paid, exploitative sweatshop work that should be deterred, this book takes a fresh, more positive perspective that considers the underground economy as a hidden enterprise culture. Colin C. Williams prescribes the means by which western governments can best harness this hidden culture of enterprise. He outlines detailed policy initiatives that seek to assist business ventures in setting up on a formal footing, and aim to encourage underground enterprises and entrepreneurs to make the transition into the realm of legitimacy. This book provides a lucid guide as to how the hidden culture of enterprise can be brought into the open. As such, it will prove invaluable to a wide-ranging audience including scholars and students of business studies, entrepreneurship, management, economics and regional science.

The Shadow Economy

Author : Friedrich Schneider
Publisher : Cambridge University Press
ISBN 13 : 1107034841
Total Pages : 225 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis The Shadow Economy by : Friedrich Schneider

Download or read book The Shadow Economy written by Friedrich Schneider and published by Cambridge University Press. This book was released on 2013-02-14 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents new data to give an overview of shadow economies from OECD countries and propose solutions to prevent illicit work.

The Shadow Economy

Author : Friedrich Schneider
Publisher : Cambridge University Press
ISBN 13 : 1107311446
Total Pages : 225 pages
Book Rating : 4.1/5 (73 download)

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Book Synopsis The Shadow Economy by : Friedrich Schneider

Download or read book The Shadow Economy written by Friedrich Schneider and published by Cambridge University Press. This book was released on 2013-02-14 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Illicit work, social security fraud, economic crime and other shadow economy activities are fast becoming an international problem. This second edition uses new data to reassess currency demand and the model approach to estimate the size of the shadow economy in 151 developing, transition, and OECD countries. This updated edition argues that during the 2000s the average size of the shadow economy varied from 19 per cent of GDP for OECD countries, to 30 per cent for transition countries, to 45 per cent for developing countries. It examines the causes and consequences of this development using an integrated approach to explain deviant behaviour that combines findings from economic, sociological, and psychological research. The authors suggest that increasing taxation and social security contributions, rising state regulatory activities, and the decline of the tax morale are all driving forces behind this growth, and they propose a reform of state public institutions in order to improve the dynamics of the official economy.

Shadow Economy and Entrepreneurial Entry

Author : Tomasz Mickiewicz
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Shadow Economy and Entrepreneurial Entry by : Tomasz Mickiewicz

Download or read book Shadow Economy and Entrepreneurial Entry written by Tomasz Mickiewicz and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The impact of the shadow economy on entrepreneurial entry across countries is analyzed utilising 1998-2005 individual-level Global Entrepreneurship Monitor data and national macro-economic variables. A simple correlation coefficient suggests a positive relationship between the size of the shadow economy and the likelihood of entrepreneurial entry. However, this masks more complex relationships, if, as argued, the shadow economy is an embedded social phenomenon. With appropriate controls and instrumenting for potential endogeneity, the impact of the shadow economy on entry in a linear specification is found to be negative. Further, there is evidence of a U-shaped relationship: entrepreneurial entry is least likely when the shadow economy amounts to about a quarter of gross domestic product (GDP). At the individual level, an extensive shadow economy has a more negative impact on respondents who are risk averse. In addition, in the economies where property rights are stronger, the negative impact of the shadow economy is weaker.

Shadow Economy in Poland

Author : Dagmara Nikulin
Publisher : Springer Nature
ISBN 13 : 3030705242
Total Pages : 82 pages
Book Rating : 4.0/5 (37 download)

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Book Synopsis Shadow Economy in Poland by : Dagmara Nikulin

Download or read book Shadow Economy in Poland written by Dagmara Nikulin and published by Springer Nature. This book was released on 2021-03-19 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides an estimate of the size of the shadow economy in Poland. Using analogous data, it traces core determinants of the existence of the shadow economy in Poland. It compares results with neighbouring countries, and if possible, the remaining Central-Eastern economies. The book tells why the problem of the unreported economic activity matters; it presents the problem from different angles―economic, social and institutional. Next, it extensively reviews past research on the size and determinants of the shadow economy in Poland. It discusses available resources and empirical results showing the problem from micro-, and macroeconomic perspective. The authors present the methods used and the results of the survey, which are interpreted and discussed Finally it concludes on major drivers of shadow economy in Poland, providing recommendations and future research directions. The book is intended for practitioners and those seeking understanding of undeclared economic activities.

The Shadow Economy – A Critical Analysis

Author : Dennis Ducke
Publisher : GRIN Verlag
ISBN 13 : 3640533658
Total Pages : 57 pages
Book Rating : 4.6/5 (45 download)

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Book Synopsis The Shadow Economy – A Critical Analysis by : Dennis Ducke

Download or read book The Shadow Economy – A Critical Analysis written by Dennis Ducke and published by GRIN Verlag. This book was released on 2010-02-11 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2008 in the subject Business economics - General, grade: 1,3, University of Applied Sciences Essen, language: English, abstract: According to the “Focus” magazine approximately 13 million Germans contributed to the shadow economy in 2006! The estimations of Friedrich Schneider, one distinguished expert in this area, showed that the extent of the shadow economy in Germany in 2007 was about 349 billion Euros, which equals to 14.7 percent of Germany’s gross domestic product (GDP)! The scope of the present assignment is to provide an all-embracing and critical overview of the shadow economy, to introduce the main causes, effects and dimensions of the shadow economy and to find answer the question how shadow activities can be limited. In this context the hidden sector can be defined as all economic activities that are not recorded in the national accounts, but normally should be a part of them and be included in GDP. These actions can be on the one hand absolutely legal in the self-sufficient economy like do-it-your-self, neighbourhood help, but on the other hand completely illegal activities like dealing with drugs and smuggling as well as legal activities, which are illegally being carried out, e.g. tax evasion or illicit work. The main and most vital reasons for the existence and constant growth of the shadow economy are high taxes or social security contributions burden and the intensity of state regulations. But also sociological-psychological causes like subjective perception of tax burden, falling society values, a bad tax morale and declining loyalty towards the state can have a tremendous impact on the size of the hidden economy. But is the shadow economy a threat to the official sector? At first glance, the question whether the shadow economy is dangerous might appear strange. However, there are several controversial opinions about this matter. The analysis of the effects caused by the existence and the growth of the shadow economy is a contradictory topic. The present assignment characterizes the main negative, e.g. distortion of official economic statistics, lower tax revenues and positive effects, e.g. price stabilization, creation of new jobs of the shadow economy and their influence on the national economy. Following this, the study presents the most popular methods of measuring the shadow economy: direct methods that are mostly based on surveys, the indirect ones that attempt to quantify shadow economic activities by seeking traces left in the official sector and the so-called model approach, which tries to determine the hidden economy by ...

Confronting the Shadow Economy

Author : Colin C. Williams
Publisher : Edward Elgar Publishing
ISBN 13 : 1782546049
Total Pages : 287 pages
Book Rating : 4.7/5 (825 download)

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Book Synopsis Confronting the Shadow Economy by : Colin C. Williams

Download or read book Confronting the Shadow Economy written by Colin C. Williams and published by Edward Elgar Publishing. This book was released on 2014-11-28 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beginning with a review of the extent of undeclared work, the author discusses the discrepancies between regions and the potential impacts of the economic crisis, comparing the nature of the potential solutions available with those actually adopted. Th

Foundations of Entrepreneurship and Economic Development

Author : David A Harper
Publisher : Routledge
ISBN 13 : 1134741553
Total Pages : 289 pages
Book Rating : 4.1/5 (347 download)

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Book Synopsis Foundations of Entrepreneurship and Economic Development by : David A Harper

Download or read book Foundations of Entrepreneurship and Economic Development written by David A Harper and published by Routledge. This book was released on 2003-03-13 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: This well-written book is the first to deal with entrepreneurship in all its aspects. It considers the economic, psychological, political, legal and cultural dimensions of entrepreneurship from a market-process perspective. David A Harper has produced a volume that analyses why some people are quicker than others in discovering profit opportunities. Importantly, the book also covers the issue of how cultural value systems orient entrepreneurial vision and, in contrast to conventional wisdom, the book argues that individualist cultural values are not categorically superior to group oriented values in terms of their consequences for entrepreneurial discovery.

The Misfit Economy

Author : Alexa Clay
Publisher : Simon and Schuster
ISBN 13 : 1451688822
Total Pages : 256 pages
Book Rating : 4.4/5 (516 download)

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Book Synopsis The Misfit Economy by : Alexa Clay

Download or read book The Misfit Economy written by Alexa Clay and published by Simon and Schuster. This book was released on 2015-06-23 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: A book that argues that lessons in creativity, innovation, salesmanship, and entrepreneurship can come from surprising places: pirates, bootleggers, counterfeiters, hustlers, and others living and working on the margins of business and society. Who are the greatest innovators in the world? You're probably thinking Steve Jobs, Thomas Edison, Henry Ford. The usual suspects. This book isn't about them. It's about people you've never heard of. It's about people who are just as innovative, entrepreneurial, and visionary as the Jobses, Edisons, and Fords of the world. They’re in the crowded streets of Shenzhen, the prisons of Somalia, the flooded coastal towns of Thailand. They are pirates, computer hackers, pranksters, and former gang leaders. Across the globe, diverse innovators operating in the black, grey, and informal economies are developing solutions to a myriad of challenges. Far from being "deviant entrepreneurs" that pose threats to our social and economic stability, these innovators display remarkable ingenuity, pioneering original methods and practices that we can learn from and apply to move formal markets. This book investigates the stories of underground innovation that make up the Misfit Economy. It examines the teeming genius of the underground. It asks: Who are these unknown visionaries? How do they work? How do they organize themselves? How do they catalyze innovation? And ultimately, how can you take these lessons into your own world?

Measuring the Global Shadow Economy

Author : Colin C. Williams
Publisher : Edward Elgar Publishing
ISBN 13 : 1784717991
Total Pages : 301 pages
Book Rating : 4.7/5 (847 download)

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Book Synopsis Measuring the Global Shadow Economy by : Colin C. Williams

Download or read book Measuring the Global Shadow Economy written by Colin C. Williams and published by Edward Elgar Publishing. This book was released on 2016-01-29 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together two leading researchers in the field to provide a comprehensive overview of the shadow economy from a global perspective. Reviewing the advantages and disadvantages of different ways of measuring the informal sector, the authors evaluate its size and key determinants across the world. Williams and Schneider clearly establish the persistence and prevalence of the shadow economy, analysing the narrowness of existing policy approaches and explaining how these fail to address the key factors for its existence and may even exacerbate the problem. Proposing an alternative way forward, the authors argue that little headway will ever be made in reducing the shadow economy until there are changes not only to the character of formal institutions but also informal institutions (the values, beliefs and norms of citizens) through the introduction of macro-level structural changes. This timely, cutting-edge review of the global shadow economy and how it can be measured and tackled is an invaluable resource for postgraduate students, researchers and policy-makers, particularly those with a interest in tax evasion and informal labour.

Handbook on the Shadow Economy

Author : Friedrich Schneider
Publisher : Edward Elgar Publishing
ISBN 13 : 0857930885
Total Pages : 543 pages
Book Rating : 4.8/5 (579 download)

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Book Synopsis Handbook on the Shadow Economy by : Friedrich Schneider

Download or read book Handbook on the Shadow Economy written by Friedrich Schneider and published by Edward Elgar Publishing. This book was released on 2011 with total page 543 pages. Available in PDF, EPUB and Kindle. Book excerpt: This original and insightful handbook presents the latest research on the size and development of the shadow economy (also known as the black or underground economy), an integral component of the most developing and many developed countries' economies.

The Shadow Economy - A Critical Analysis

Author : Dennis Ducke
Publisher : GRIN Verlag
ISBN 13 : 3640533852
Total Pages : 61 pages
Book Rating : 4.6/5 (45 download)

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Book Synopsis The Shadow Economy - A Critical Analysis by : Dennis Ducke

Download or read book The Shadow Economy - A Critical Analysis written by Dennis Ducke and published by GRIN Verlag. This book was released on 2010-02 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2008 in the subject Business economics - General, grade: 1,3, University of Applied Sciences Essen, language: English, abstract: According to the "Focus" magazine approximately 13 million Germans contributed to the shadow economy in 2006! The estimations of Friedrich Schneider, one distinguished expert in this area, showed that the extent of the shadow economy in Germany in 2007 was about 349 billion Euros, which equals to 14.7 percent of Germany's gross domestic product (GDP)! The scope of the present assignment is to provide an all-embracing and critical overview of the shadow economy, to introduce the main causes, effects and dimensions of the shadow economy and to find answer the question how shadow activities can be limited. In this context the hidden sector can be defined as all economic activities that are not recorded in the national accounts, but normally should be a part of them and be included in GDP. These actions can be on the one hand absolutely legal in the self-sufficient economy like do-it-your-self, neighbourhood help, but on the other hand completely illegal activities like dealing with drugs and smuggling as well as legal activities, which are illegally being carried out, e.g. tax evasion or illicit work. The main and most vital reasons for the existence and constant growth of the shadow economy are high taxes or social security contributions burden and the intensity of state regulations. But also sociological-psychological causes like subjective perception of tax burden, falling society values, a bad tax morale and declining loyalty towards the state can have a tremendous impact on the size of the hidden economy. But is the shadow economy a threat to the official sector? At first glance, the question whether the shadow economy is dangerous might appear strange. However, there are several controversial opinions about this matter. The analysis of the effects caused by the existence and the growth of the shadow economy i

Shadow Economy Hinders Entrepreneurship

Author : Miltiades N. Georgiou
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Shadow Economy Hinders Entrepreneurship by : Miltiades N. Georgiou

Download or read book Shadow Economy Hinders Entrepreneurship written by Miltiades N. Georgiou and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the present paper an empirical analysis will point out that shadow economy is an obstacle to entrepreneurship. The sample covers EU and the USA. The elaboration of these panel data is made feasible through the Eviews software package.

Entrepreneurship and Economic Progress

Author : Randall Holcombe
Publisher : Routledge
ISBN 13 : 1135984980
Total Pages : 402 pages
Book Rating : 4.1/5 (359 download)

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Book Synopsis Entrepreneurship and Economic Progress by : Randall Holcombe

Download or read book Entrepreneurship and Economic Progress written by Randall Holcombe and published by Routledge. This book was released on 2007-01-24 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurship is the engine of economic progress, but mainstream economic models of economic growth tend to leave out the entrepreneurial elements of the economy. This new book from Randall Holcombe begins by identifying areas in which evolutionary and Austrian approaches differ from the academic mainstream literature on economic growth, before moving on to distinguish growth from progress. The author then analyzes economic models of the firm based on the idea that it is entrepreneurship that drives economic progress. The book should prove to be a natural successor to recent Routledge books by Frederic Sautet and David Harper.

Entrepreneurship in the Informal Economy

Author : Mai Thi Thanh Thai
Publisher : Routledge
ISBN 13 : 0415813824
Total Pages : 304 pages
Book Rating : 4.4/5 (158 download)

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Book Synopsis Entrepreneurship in the Informal Economy by : Mai Thi Thanh Thai

Download or read book Entrepreneurship in the Informal Economy written by Mai Thi Thanh Thai and published by Routledge. This book was released on 2013 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although entrepreneurship in the informal economy occurs outside state regulatory systems, informal commercial activities account for an estimated 30% of economic activity around the world. Informal entrepreneurship goes unmonitored despite the fact that it significantly contributes to poverty reduction and economic development. As a result, the informal sector is open to unethical practices including corruption, worker exploitation, and natural environment abuse to name just a few. In the media, debates have formed around whether informal entrepreneurship should be assisted or legitimized. Hence, a deep understanding of the phenomenon is vitally important. This book is the first on the market to offer models and approaches to informal entrepreneurship as well as to its prospects for economic development. Offering an in-depth examination of informal entrepreneurship in many different countries, it reveals the motivations for engaging in entrepreneurship in the informal economy, characteristics of informal entrepreneurship, and informal entrepreneurs' response to ethical issues. This volume illustrates the relationship between formal and informal economies and the conditions for the benefits of informal entrepreneurship to outweigh its disadvantages. And finally, it gives recommendations about when and how the informal economy can be formalized, which sectors should be formalized, and which ones can remain informal. This book offers much-needed guidance for stakeholders involved in economic development programs and scholars and entrepreneurs interested in the field of informal entrepreneurship as it is developing around the globe.