August 21, 2024Business Strategy & Development

Motivating factors affecting formalization of small informal enterprises: Evidence from an emerging economy

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Authors

MMMelita MehjabeenUniversity of Dhaka SKSadia Noor KhanUniversity of Dhaka

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Implication

Questionnaire survey reveals streamlined regulatory systems and financing access drive formalization in small informal enterprises, highlighting institutional targets.

Key Points

Streamlined regulatory systems and one-stop solutions primarily motivate informal enterprises to transition toward institutional formalization.
Questionnaire survey of 304 informal enterprises reveals flexible collateral requirements and low technological adoption significantly drive formalization.
Targeted strategies may enable policymakers to lower market entry barriers, fostering regulatory structures that enhance economic productivity.

Cite This Study

Mehjabeen et al. (2024) studied this question.

synapsesocial.com/papers/68e5b746b6db64358754fcb6 https://doi.org/10.1002/bsd2.426

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Implication

Questionnaire survey reveals streamlined regulatory systems and financing access drive formalization in small informal enterprises, highlighting institutional targets.

Motivating factors affecting formalization of small informal enterprises: Evidence from an emerging economy

Discussion

Member takes

Implication

Key Points

Cite This Study

Motivating factors affecting formalization of small informal enterprises: Evidence from an emerging economy

Discussion

Member takes

Implication

Key Points

Cite This Study

Also Consider

Also Consider