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English definition of “cottage industry”

cottage industry

noun [C]
 
 
WORKPLACE a small business in which people work in their own homes: They make and market beeswax cosmetics products as a cottage industry. Traditional cottage industries such as handicrafts continue to play a role in the economies of all Asian countries.
used to talk about a business activity in which there are many individuals or small companies working in ways that are unusual for larger companies: Turning what was basically a cottage industry into a thriving business took energy and determination. At first computer games were produced by a cottage industry of home programmers.
(Definition of cottage industry from the Cambridge Business English Dictionary © Cambridge University Press)
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