1887

n African Journal of Science, Technology, Innovation and Development - Guest Editor's note

Volume 6, Issue 3
  • ISSN : 2042-1338
  • E-ISSN: 2042-1346
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Abstract

It is now well documented that the space of informal economic activities is expanding across the globe. This expansion has been particularly significant in the least developed and developing countries, especially since the onset of neo-liberal policies and the withdrawal of the welfare state. Perhaps concomitantly, there has also been a welcome shift in academic thinking on the informal sector, with attempts being made to understand the (positive) contribution of this sector in generating employment and economic growth besides the conventional emphases on the various exploitative labour conditions in these sectors. Indeed, with the retreat of the welfare state and the introduction of contract labour in the formal sector too, the 'hazards of informality' are no longer confined to the informal sector of the economy. In this context, this re-orientation of academic thinking is a much needed step. This issue addresses a specific concern: the matter of knowledge generation and innovative activities, which lie at the core of sustained competitive advantage in economic activities but which have not yet been given their due place in academic literature.

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/content/aa_ajstid/6/3/EJC161859
2014-01-01
2019-10-18

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