Williams, C.C. orcid.org/0000-0002-3610-1933, Martinez-Perez, A. orcid.org/0000-0002-8831-6346 and Kedir, A.M. (2017) Informal entrepreneurship in developing economies: the impacts of starting-up unregistered on firm performance. Entrepreneurship Theory and Practice, 41 (5). pp. 773-799. ISSN 1042-2587
Abstract
To advance understanding of the entrepreneurship process in developing economies, this paper evaluates whether registered enterprises that initially avoid the cost of registration, and focus their resources on overcoming other liabilities of newness, lay a stronger foundation for subsequent growth. Analyzing World Bank Enterprise Survey data across 127 countries, and controlling for other firm performance determinants, registered enterprises that started-up unregistered and spent longer operating unregistered are revealed to have significantly higher subsequent annual sales, employment and productivity growth rates compared with those that registered from the outset. The theoretical and policy implications are then discussed.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2016 The Authors. Entrepreneurship Theory and Practice published by Wiley Periodicals, Inc. on behalf of SAGE Publications Inc. This is an open access article under the terms of the Creative Commons Attribution-NonCommercial-NoDerivs License (https://creativecommons.org/licenses/by-nc-nd/4.0/), which permits use and distribution in any medium, provided the original work is properly cited, the use is non-commercial and no modifications or adaptations are made. |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Management School (Sheffield) The University of Sheffield > Faculty of Social Sciences (Sheffield) > Department of Sociological Studies (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 02 Jun 2016 11:33 |
Last Modified: | 25 Oct 2018 07:26 |
Published Version: | http://dx.doi.org/10.1111/etap.12238 |
Status: | Published |
Publisher: | Wiley |
Refereed: | Yes |
Identification Number: | 10.1111/etap.12238 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:100354 |
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