Construct · 1 fields · 1 citations

informal entrepreneurship: a standalone construct

One name. One construct. A landmark on the map.

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Entrepreneurship

entrepreneurial activity that is illegal under formal institutions yet seen as legitimate by large social groups.

In entrepreneurship, informal entrepreneurship refers to entrepreneurial activity that is illegal under formal institutions yet seen as legitimate by large social groups. This meaning comes from Webb (2009) in Academy of Management Review.[1]

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References

Webb, J. W., Tihanyi, L., Ireland, R. D., & Sirmon, D. G. (2009). You Say Illegal, I Say Legitimate: Entrepreneurship in the Informal Economy. Academy of Management Review, 34(3), 492-510. https://doi.org/10.5465/amr.2009.40632826

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