2022
DOI: 10.1177/02662426221101021
|View full text |Cite
|
Sign up to set email alerts
|

Factor markets, institutional quality and firm formalisation: The contingent effect of economic conditions at the founding stage

Abstract: The informal economy makes an important contribution to economic activity but knowledge about the country-level conditions that influence an informal firm’s willingness to formalise is limited. This article integrates insights from institutional theory and the imprinting hypothesis to explain how factor markets and institutional quality affect the likelihood that informal firms formalise over time, as well as how these effects are contingent on economic conditions at the founding stage. Using data from the Wor… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1

Citation Types

0
0
0

Year Published

2023
2023
2024
2024

Publication Types

Select...
3

Relationship

0
3

Authors

Journals

citations
Cited by 3 publications
(1 citation statement)
references
References 107 publications
0
0
0
Order By: Relevance
“…Parallel to this, organizations that standardize their technology, which is a component of institutional entrepreneurship, are engaging in strategic entrepreneurship since doing so offers them a long-term competitive advantage. Research shows that entrepreneurship is becoming more prevalent internationally as a result of its economic importance and personal incentives (Galdino et al, 2022). Future entrepreneurial activity may also contribute to the prosperity of less developed countries.…”
Section: Introductionmentioning
confidence: 99%
“…Parallel to this, organizations that standardize their technology, which is a component of institutional entrepreneurship, are engaging in strategic entrepreneurship since doing so offers them a long-term competitive advantage. Research shows that entrepreneurship is becoming more prevalent internationally as a result of its economic importance and personal incentives (Galdino et al, 2022). Future entrepreneurial activity may also contribute to the prosperity of less developed countries.…”
Section: Introductionmentioning
confidence: 99%