Download Kitchen Capitalism: Microenterprise in Low-Income Households by Margaret S. Sherraden, Cynthia K. Sanders, Michael W. PDF

By Margaret S. Sherraden, Cynthia K. Sanders, Michael W. Sherraden

Companies come to existence as proprietors are allowed to talk of their personal phrases during this first in-depth exam of self-employment instructed from the views of low-income microentrepreneurs. The booklet systematically analyzes a number concerns, together with who chooses to open a micro enterprise, and why; what assets do they convey to their enterprise enterprise; how good will their enterprise fare; and what contributes to the expansion or decline in their company. The authors finish that almost all microentrepreneurs think self-employment deals a variety of financial and nonmonetary merits and argue it might be superior to view microenterprise as a social and financial improvement technique instead of easily as an anti-poverty technique. in accordance with this statement, various innovations to raised advertise microenterprise courses one of the terrible is complicated, with the objective of focusing on the main promising methods.

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Extra info for Kitchen Capitalism: Microenterprise in Low-Income Households

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Operating a business takes considerable time and energy and failure rates are high. Nevertheless, a number of theories suggest why self-employment might be a desirable option for some people. Some theories emphasize “push” factors. That is, in the absence of quality, well-paying jobs, or because of discrimination in the labor market, individuals default into self-employment. Whereas other theories emphasize “pull” factors suggesting that individuals choose self-employment because of the financial and non-financial payoffs (Messenger & Stettner, 2000).

Seven SELP microenterprise development programs. S. network made up of 6 micro-lending programs. Examines data at time of application and follow-up measures. Qualitative interviews conducted with ACCIÓN participants. Three years of case study research (1992–94) examining program strategies, costs, effectiveness, and challenges for the future. (continued) Study claims positive business and household financial outcomes on average. Qualitative findings reveal non-financial rewards surrounding human capacity as productive members of society and personal satisfaction of owners.

Microenterprise does not fit neatly into one disciplinary track such as business, economics, or social work, and so it may be viewed as a marginal topic in each discipline and thus an unlikely research topic. While microenterprise has become almost a household word in community development, it is less well-known among scholars. Second, the diversity and small size of programs makes research efforts challenging and 30 Kitchen Capitalism expensive. Third, the impact of microenterprise and self-employment is difficult to measure with accuracy because microenterprise often resides in, or spills over into, the informal economic sector where official records are lacking.

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