Abstract:Developing economies (DEs) in the Global South account for a significant amount of consumption than production. A continuation of this trend portrays persistent under-development of the nations in these economies, and it also highlights a challenging task for actualizing the United Nation’s year 2030 goal of a sustainable developed world. The Management and Organization Studies literature abound with explanations about the roles of formal institutions for developing the production capacities and industrializat… Show more
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