This synthesis review looks to extend the theoretical approaches to explaining the value of formalisation, with an emphasis on women in the informal sector.
Despite the depiction of decisions to formalize informal firms as rational and ethical, many entrepreneurs in developing countries continue to operate informally regardless of its perceived illicit status.
The aim of this paper, published in Entrepreneurship & Regional Development, is to advance our understanding of how women negotiate their business and family demands in a developing country context.