The Hidden Enterprise Culture: Entrepreneurship in the Underground EconomyEdward Elgar, 2006 - 263 pages 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. |
From inside the book
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... firms . The magnitude of underground work among very small firms and the self - employed will vary considerably between nations , regions and localities due to a host of other factors , such as the structure of taxation and the level of ...
... firms are exempt from the audit requirement and also reporting their accounts . There are thus clear precedents in the UK , and in many other western nations , for simplifying formalization procedures for small firms to increase the ...
... firms , remain in the PWA scheme . Service Vouchers ( Belgium ) In this scheme , households can purchase subsidized vouchers to pay for ' local community services ' ( for example , childcare or household tasks such as cleaning ) . Like ...