A Framework For Informal Economy Entry: Socio-Spatial, Necessity-Opportunity, and Structural-Based Factors
Document Type
Article
Publication Date
12-1-2014
School
Management
Abstract
The informal economy plays a critical role in the economies of most countries and its role has increased recently due to economic conditions. Consequently, there is rising interest in informal economy, the differential motivations for participation, and entry modes. Scholars have considered various contextual and situational explanatory factors, but usually in isolation. To address this gap, three interrelated informal economy theories are examined culminating in the development of a contextual framework that suggests appropriate theory selection for informal economy entry decisions. This framework assists policymakers in developing appropriate economic and regulatory policies by ascertaining factors that motivate informal economy entry.
Publication Title
Academy of Entrepreneurship Journal
Volume
20
Issue
2
First Page
33
Last Page
58
Recommended Citation
Gibbs, S.,
Mahone, C.,
Crump, M.
(2014). A Framework For Informal Economy Entry: Socio-Spatial, Necessity-Opportunity, and Structural-Based Factors. Academy of Entrepreneurship Journal, 20(2), 33-58.
Available at: https://aquila.usm.edu/fac_pubs/20018