2024
DOI: 10.1002/bsd2.426
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Motivating factors affecting formalization of small informal enterprises: Evidence from an emerging economy

Melita Mehjabeen,
Sadia Noor Khan

Abstract: This study investigates the motivating factors behind the formalization of small informal enterprises in Bangladesh, an emerging economy, employing the lens of institutional theory. It emphasizes how regulatory structures, normative pressures, and cognitive understandings shape the decisions of SME owners in emerging economies like Bangladesh. A significant portion of small enterprises in Bangladesh remain informal, leading to concerns over economic development, productivity, and efficiency. Informal enterpris… Show more

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