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IGOs and Entrepreneurship: Understanding the Impact of Policy Compliance on Formal and Informal Entrepreneurial Activity

  • University of Victoria
  • Northeastern University

Research output: Chapter in Book/Report/Conference proceedingBook chapterResearchpeer-review

Abstract

This study assesses the interplay between intergovernmental organizations (IGOs) and formal and informal entrepreneurial activity in countries with different levels of economic development and policy compliance with supranational regulations. We illustrate that participation in and compliance with IGOs like the Organization for Economic Cooperation and Development (OECD) or the European Union (EU) help foster formal economic activity and entrepreneurship while simultaneously decreasing informal economic and entrepreneurial activity. We conclude that IGOs can help offer institutional supports but only when countries actively comply with the policies and programs they offer.
Original languageEnglish
Title of host publicationMegatrends in International Business : Examining the Influence of Trends on Doing Business Internationally
EditorsSpiros Batas, Olli Kuivalainen, Rudolf R. Sinkovics
Place of PublicationCham
PublisherPalgrave Macmillan
Publication date2022
Pages41-60
ISBN (Print)9783030955267, 9783030955298
ISBN (Electronic)9783030955274
DOIs
Publication statusPublished - 2022
Externally publishedYes
SeriesThe Academy of International Business

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

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