THE VOICE OF INFORMAL ENTREPRENEURS: RESOURCES AND CAPABILITIES PERSPECTIVE

Despite increased attention from scholars and policy makers, the growth of informal entrepreneurship and its challenges have been reported continuously and are growing frequently. However, there is an inadequate study on informal entrepreneurship growth in view of resources and capabilities. Thus, the objective of this paper is to propose a model of informal entrepreneurship in view of resources and capabilities by examining the existing literature and field study data in the context of a developing country. An exploratory field study was undertaken, where fourteen interviews were conducted. A content analysis technique was applied to identify the resources and capabilities factors with their associated variables and a research model was developed. Outcomes from field study recognized the resources and capabilities factors and variables, as well as their relationships. It vibrates well with the existing literature and establishes the proposed model. This study proposes a model for future informal entrepreneurship research and identifies theoretical and policy implications.