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

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Megatrends in International Business

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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.

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Authors and Affiliations

  1. Northeastern University, Boston, MA, USA

    Elizabeth M. Moore & Luis A. Dau

  2. University of Victoria, Victoria, BC, Canada

    Kristin Brandl

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  1. Elizabeth M. Moore
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  2. Luis A. Dau
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Correspondence to Kristin Brandl .

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Editors and Affiliations

  1. Faculty of Business and Law, University of Northampton, Northampton, UK

    Spiros Batas

  2. School of Business and Management, LUT University, Lappeenranta, UK

    Olli Kuivalainen

  3. Adam Smith Business School, University of Glasgow, Glasgow, UK

    Rudolf R. Sinkovics

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Moore, E.M., Dau, L.A., Brandl, K. (2022). IGOs and Entrepreneurship: Understanding the Impact of Policy Compliance on Formal and Informal Entrepreneurial Activity. In: Batas, S., Kuivalainen, O., Sinkovics, R.R. (eds) Megatrends in International Business. The Academy of International Business. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-95527-4_4

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