Real life entrepreneurship in Rio de Janeiro’s largest favela

It is well-known that favelas concentrate several informal economic and social arrangements. In this post, Isabella Nunes Pereira presents results from her research on entrepreneurship endeavours undertaken by dwellers of Rocinha, Rio de Janeiro’s largest favela. She finds that, in this context of high-risk, entrepreneurs are action-driven instead of goal-oriented, challenging entrepreneurship understandings based on traditional economic thought.