Informal firms in developing countries: entrepreneurial stepping stone or consolation prize?
نویسندگان
چکیده
منابع مشابه
Informal firms in developing countries entrepreneurial stepping stone or consolation prize ?
We analyse potential dynamic benefits for a firm from having the option of adopting informal status. Informality may be a stepping stone, without which formality might never be achieved. This result obtains for a broad range of realistic parameter values, suggesting a potential dynamic case for government support of informal firms. Informality may alternatively play a converse role as a consola...
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Open Access This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits use, duplication, adaptation, distribution, and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and...
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ژورنال
عنوان ژورنال: Small Business Economics
سال: 2009
ISSN: 0921-898X,1573-0913
DOI: 10.1007/s11187-009-9194-6