YOU SAY ILLEGAL, I SAY LEGITIMATE: ENTREPRENEURSHIP IN THE INFORMAL ECONOMY Academic Article uri icon

abstract

  • The entrepreneurial process drives economic activities in the formal economy; however, little is known theoretically about how the entrepreneurial process works in the informal economy. To address this theoretical gap, we employ a multilevel perspective integrating entrepreneurship theory (microlevel) with institutional (macrolevel) and collective identity (mesolevel) theories to examine the role institutions and collective identity play in the recognition and exploitation of opportunities in the informal economy. Additionally, we explore factors that influence the transition to the formal economy. Academy of Management Review.

published proceedings

  • ACADEMY OF MANAGEMENT REVIEW

author list (cited authors)

  • Webb, J. W., Tihanyi, L., Ireland, R. D., & Sirmon, D. G.

citation count

  • 643

complete list of authors

  • Webb, Justin W||Tihanyi, Laszlo||Ireland, R Duane||Sirmon, David G

publication date

  • January 1, 2009 11:11 AM