WECB2017-Conference-Proceedings.pdf (624.77 kB)
Entrepreneurial motivations, aspirations and formalisation decisions amongst informal women entrepreneurs in Nepal
conference contribution
posted on 2023-06-09, 06:50 authored by Shova Thapa KarkiShova Thapa Karki, Mirela XhenetiMirela XhenetiIt is assumed that entrepreneurs are motivated to engage in the informal economy out of necessity for survival rather than opportunity; therefore, lacking growth aspirations and avoiding formalisation. However, there is a lack empirical research exploring entrepreneurial motivations and aspirations in developing countries. This research aims to fill this gap by exploring informal women entrepreneurs’ motivations, life aspirations and formalisation decisions in the case study of Nepal. Semi-structured interviews were conducted with 30 informal women entrepreneurs in Nepal’s second largest city, Biratnagar. Women entrepreneurs’ motivations to engage in the entrepreneurial activities were complex, dynamic and intertwined with wider social norms. These complex and dynamic motivations influenced their life aspirations in terms of business growth and personal development. Entrepreneurs, who aspired to grow perceived formalisation as next step towards business sustainability. The findings contribute to the debates on the formalisation of the informal economy and calls to recognise the variabilities among informal women entrepreneurs’ motivations and aspirations. Given the role of informal activities and women entrepreneurs aspirations formalisation could have significant implications on their business sustainability.
History
Publication status
- Published
File Version
- Published version
Journal
Proceeding of the Women Entrepreneurship Conerence 2017Publisher
Bangkok University PressPage range
49-85Event name
Women Entrepreneurship ConerenceEvent location
Bangkok, ThailandEvent type
conferenceEvent date
3 - 5 April 2017ISBN
9789742193485Department affiliated with
- Business and Management Publications
Full text available
- Yes
Peer reviewed?
- Yes
Legacy Posted Date
2018-02-05First Open Access (FOA) Date
2018-02-05First Compliant Deposit (FCD) Date
2018-02-05Usage metrics
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