Although entrepreneurship in the informal economy occurs outside state regulatory systems, informal commercial activities account for an estimated 30% of economic activity around the world. Informal entrepreneurship goes unmonitored despite the fact that it significantly contributes to poverty...

While international business and economics literature once viewed companies as atomistic, disconnected units basing decisions solely on market incentives, recent studies have highlighted the importance of the so-called relational aspect or ‘network embeddedness' (Andersen and Lorenzen 2007;...

Based on the eclectic theory of entrepreneurship, this article analyzes macro-level determinants of national rates of formal versus informal entrepreneurship. Our evaluation of the factors identified in this theory reveals a set of empirically-testable, higher-order determinants: economic...

pt. 1. Determinants of informal entrepreneurship -- pt. 2. Financial aspects of informal entrepreneurship -- pt. 3. Organizational forms of informal entrepreneurship -- pt. 4. Institutional environment for informal entrepreneurship -- pt. 5. Sociocultural contexts of informal entrepreneurship --...