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Salvi, Esther ORCID logoORCID: https://orcid.org/0000-0001-6949-6583 und Belz, Frank-Martin (2021): Informal Entrepreneurship: An Integrative Literature Review. In: Academy of Management Proceedings, Bd. 2021, Nr. 1, 15268

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Abstract

Informal entrepreneurship (IE) represents the process of opportunity recognition and exploitation in the informal economy, i.e. outside of formal institutional boundaries (laws, regulations), yet within informal institutional boundaries (norms, beliefs). This includes entrepreneurial activities that, while not complying with formal laws and regulations, remain legitimate for many entrepreneur’s stakeholders, including customers, suppliers, and employees. In this paper we review the stream of literature on IE, drawing on the multilevel causal mechanism framework. We employ a systematic and integrative literature review to synthesize the existing literature, identifying situational, action-formation, and transformational causal mechanism on three different levels (micro, meso, macro) for the puzzling phenomenon of IE. The multilevel mechanism framework generates new perspectives on IE. To advance theory in this field further, we propose some directions for future research on IE.

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