Informal entrepreneurship and institutional theory: explaining the varying degrees of (in)formalization of entrepreneurs in Pakistan

• Published in: Entrepreneurship and regional development Vol. 28; no. 1-2; pp. 1 - 25
• Main Authors: Williams, Colin C., Shahid, Muhammad S.
• Format: Journal Article
• Language: English
• Published: Abingdon Routledge 01.01.2016; Taylor & Francis Ltd
• Subjects: Asia; Asymmetry; enterprise culture; Entrepreneurs; Entrepreneurship; Informal economy; institutional theory; Pakistan; Theory; Pakistan

In recent years, scholars adopting institutional theory have explained the tendency of entrepreneurs to operate in the informal sector to be a result of the asymmetry between formal institutions (the codified laws and regulations) and informal institutions (norms, values and codes of conduct). The a...