Understanding Small Business Entrepreneurial Activity in the Nigerian Bottom of The Pyramid (BoP) and Informal Economy

Chijioke Uba, Eghosa Igudia, Bamidele Wale-Oshinowo

Research output: Contribution to JournalArticle

Abstract

Despite a significant and rapid evolution of the Bottom of the Pyramid (BoP) and Informal Economy concepts, there is still a lack of clarity by researchers on the definition and nature of the BoP populations being studied and how activities in BoP markets intersect with those in the Informal Economy. The current study contributes to the literature in the area by exploring the nature of small business activity at the BoP within the specific Nigerian informal economy context. The research consisted of street-by street survey and spatial random sampling of indigenous entrepreneurs in the Nigerian informal economy. Findings highlights the unique characteristics of BoP and Non-BoP entrepreneurs and the mediating role of demographics and perceptions of self/others in entrepreneurship in the informal sector (for BoP entrepreneurs andnon-BoP entrepreneurs) and are
discussed in relation to the previous literature, theory and practice
Original languageEnglish
JournalInternational Journal of Entrepreneurship and Small Business
Publication statusAccepted/In press - 11 Aug 2019

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Informal economy
Bottom of the pyramid
Small business
Entrepreneurial activity
Entrepreneurs
Demographics
Informal sector
Random sampling
Entrepreneurship
Business activity

Cite this

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title = "Understanding Small Business Entrepreneurial Activity in the Nigerian Bottom of The Pyramid (BoP) and Informal Economy",
abstract = "Despite a significant and rapid evolution of the Bottom of the Pyramid (BoP) and Informal Economy concepts, there is still a lack of clarity by researchers on the definition and nature of the BoP populations being studied and how activities in BoP markets intersect with those in the Informal Economy. The current study contributes to the literature in the area by exploring the nature of small business activity at the BoP within the specific Nigerian informal economy context. The research consisted of street-by street survey and spatial random sampling of indigenous entrepreneurs in the Nigerian informal economy. Findings highlights the unique characteristics of BoP and Non-BoP entrepreneurs and the mediating role of demographics and perceptions of self/others in entrepreneurship in the informal sector (for BoP entrepreneurs andnon-BoP entrepreneurs) and are discussed in relation to the previous literature, theory and practice",
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AB - Despite a significant and rapid evolution of the Bottom of the Pyramid (BoP) and Informal Economy concepts, there is still a lack of clarity by researchers on the definition and nature of the BoP populations being studied and how activities in BoP markets intersect with those in the Informal Economy. The current study contributes to the literature in the area by exploring the nature of small business activity at the BoP within the specific Nigerian informal economy context. The research consisted of street-by street survey and spatial random sampling of indigenous entrepreneurs in the Nigerian informal economy. Findings highlights the unique characteristics of BoP and Non-BoP entrepreneurs and the mediating role of demographics and perceptions of self/others in entrepreneurship in the informal sector (for BoP entrepreneurs andnon-BoP entrepreneurs) and are discussed in relation to the previous literature, theory and practice

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