The Potential of Informal Institutions in Promoting Green Enterpreneurship (Ge) and Sustainable Socio-Economic Development
References
- Abed, A., & Al-Jokhadar, A. (2022). Common space as a tool for social sustainability. Journal of Housing and the Built Environment, 37(2), 399-421. https://doi.org/10.1007/s10901-021-09843-y
- Adom, K., & Ackom, B. (2023). Towards a Greater Understanding of the Prevalence of Immigrant Entrepreneurship in the Informal Economy of Ghana: An Institutional Theory Perspective. Journal of African Business, 25(1), 1-23. https://doi.org/10.1080/15228916.2023.2170860
- Alamsyah, V.U., Regista, C., Arum Wijaya, G.H.A. (2023). Examining the antecedent of green entrepreneurship intention in business university students case of Indonesia. Enrichment: Journal of Management, 13(2), 1152-1163. https://www.enrichment.iocspublisher.org/index.php/enrichment/article/view/1410
- Alexeev, M., Nurmakhanova, M., Polishchuk, L.I. (2021). Institutions and social capital in group lending. Russian Journal of Economics, 7(2), 269-296. https://doi.org/10.32609/j.ruje.7.76647
- Alpsahin, C.U. (2023). Exploring a circular business model: Insights from the institutional theory perspective and the business model lens. The Int. Journal of Entrepreneurship and Innovation, 24(1), 58–69. https://doi.org/10.1177/14657503211055574
- Alwakid, W., Aparicio, S., & Urbano, D. (2021). The Influence of Green Entrepreneurship on Sustainable Development in Saudi Arabia: The Role of Formal Institutions. Int. J. Environ. Res. Public Health, 18(1), 5433. https://doi.org/10.3390/ijerph18105433
- Aparicio, S., Urbano, D., & Audretsch, D. (2016). Institutional factors, opportunity entrepreneurship and economic growth: Panel data evidence. Technological Forecasting and Social Change, 102(1), 45-61. https://doi.org/10.1016/j.techfore.2015.04.006
- Appiah, M.K., Sam, A., Twum, E., & Godslove, E. (2023). Modelling the influencing of green entrepreneurship orientation on sustainable firm performance: a moderated mediation model. Economic Research-Ekonomska Istraživanja, 36(2), 1-21. https://doi.org/10.1080/1331677X.2023.2179094
- Aurellia, J., & Nuringsih, K. (2023). The Role of Green Entrepreneurial Orientation and Self-Efficacy to Encourage Student Intention in Green Entrepreneurship. International Journal of Application on Economics and Business, 1(1), 199-207. https://doi.org/10.24912/ijaeb.v1i1.199-207
- Barbalet, J. (2022). Conceptualising informal institutions: Drawing on the case of guanxi. The British Journal of Sociology, 74(1), 71-83. https://doi.org/10.1111/1468-4446.12984
- Beiwei, L., Zhengliang, Y., & Hongtao, L. (2022). Factors Influencing Green Entrepreneurship of Returning Migrant Workers under the Dual-Carbon Background. Security and Communication Networks, 2022. https://doi.org/10.1155/2022/7611810
- Candea, S., Rozalia Gabor, M., Veres, C. (2023). Blending One-Piece Flow and Layout Optimization in Automotive Industry. A Case Study. Collection of Papers New Economy, 1(1), 234-243. https://doi.org/10.61432/CPNE0101234c
- Cassar, C. (2022). Addressing Transformative Education and Governance Through the Sustainable Development Goal 4: A Case Study. Opportunities and Challenges in Sustainability, 1(2), 105-115. https://doi.org/10.56578/ocs010203
- Chaparro-Banegas, N., Escribano, A.M., Alicia Mas-Tur, A., & Roig-Tierno, N. (2023). Innovation facilitators and sustainable development: a country comparative approach. Environment, Development and Sustainability, 25(4), 1-29. https://doi.org/10.1007/s10668-023-03055-w
- Chowdhury, F., Audretsch, D.B., & Belitski, M. (2019). Institutions and Entrepreneurship Quality. Entrepreneurship Theory and Practice, 43(1), 51-81. https://doi.org/10.1177/1042258718780431
- Cismaș, L. M., Boțoteanu, G. I., Cojocaru, T. M., & Gruescu, R. M. (2023). Significance of Corporate Non-Financial Information Disclosure for Sustainable Economic Growth. Journal of Green Economy and Low-Carbon Development, 2(1), 1-10. https://doi.org/10.56578/jgelcd020101
- Cristea, M. & Caragiani, E. S. (2022). Reframing Poverty Within the Sustainable Development Strategies. Empirical Evidence at the European Union Level. Opportunities and Challenges in Sustainability, 1(2), 86-94. https://doi.org/10.56578/ocs010201
- Dau, L.A., Chancar, A.S., Lyles, M.A., & Li, J. (2022). Informal institutions and international business: Toward an integrative research agenda. Journal of International Business Studies, 53(6), 985–1010. https://doi.org/10.1057/s41267-022-00527-5
- de Soysa, I., & Jütting, J. (2023). Informal Institutions And Development: Think Local, Act Global? OECD Development Centre and Development Assistance Committee, https://instruct.uwo.ca/economics/317b-570/Institutions_worldbank.pdf
- Debnath, A., & Das, S. 2022. Inter-relationship among Female Labour - Force Participation, Fertility and Economic Development: Evidences from India. Economic Affairs, 67(04), 673-680. https://doi.org/10.46852/0424-2513.4.2022.33
- Dimaggio, P., & Powell, W. W. (2013). The Economics of Social Institutions: Institutional isomorphism and collective rationality in organizational fields. In J. Davis, & A. Christoforou (Eds.), The Economics of Social Institutions Edward Elgar Publishers. https://doi.org/10.2307/2095101
- Dubyna, M., Panchenko, O., Bazilinska, O., Donkohlova, T., Shpomer, A., & Rudenko, O. (2021). The Role of Informal Institutions in the Development of the Financial Services Market. Int. Journal of Comp. Science & Network Security, 21(11), 207-215. https://doi.org/10.22937/IJCSNS.2021.21.11.29
- Emilia, O.W. (2016). The new institutional economics–main theories, e-Finanse: Financial Internet Quarterly, 12(1), 78-85. https://doi.org/10.14636/1734-039X_12_1_008
- Fabris, N. (2022). Impact of COVID-19 Pandemic on Financial Innovation, Cashless Society, and Cyber Risk. ECONOMICS - Innovative and Economics Research Journal, 10(1), 73-86. https://doi.org/10.2478/eoik-2022-0002
- Fuentelsaz, L., González, C., & Maicas, J.P. (2019). Formal institutions and opportunity entrepreneur-ship. The contingent role of informal institutions. BRQ Business Research Quarterly, 2019(22), 5-24. https://doi.org/10.1016/j.brq.2018.06.002
- Fuentelsaz, L., González, C., Maicas, J.P. (2019). Formal institutions and opportunity entrepreneurship. The contingent role of informal institutions. BRQ Business Research Quarterly, 22(1), 5-24. https://doi.org/10.1016/j.brq.2018.06.002
- Gaganis, C., Papadimitri, P., Pasiouras, F., and Ventouri, A. (2021). Informal Institutions and Corporate Reputational Exposure: The Role of Public Environmental Perceptions. British Journal of Management, 32(4), 1027–1061. https://doi.org/10.1111/1467-8551.12461
- Genoveva & Jason Tanardi. (2022). Green Entrepreneurship: A New Paradigm for Millennials in Indonesia. International Journal of Sustainable Development and Planning, 17(4), 1133-1140. https://doi.org/10.18280/ijsdp.170410
- Gërxhani, K., & Cichocki, S. (2023). Formal and informal institutions: Understanding the shadow economy in transition countries. Journal of Institutional Economics, 19(5), 656-672. https://doi.org/10.1017/S1744137422000522
- Godlewska, M. (2021). The Impact of Interplay between Formal and Informal Institutions on Innovation Performance: Evidence from CEECs. Engineering Economics, 32(1), 15-26. https://doi.org/10.35808/ersj/2907
- Guerrero, M., & Lira, M., (2023) Entrepreneurial university ecosystem’s engagement with SDGs: looking into a Latin-American University, Community Development, 54(3), 337-352. https://doi.org/10.1080/15575330.2022.2163411
- Gupta, M., & Dharwal, M. (2022). Green entreprneurship and sustainable development: A conceptual framework. Proceedings, 49(8), 3603-3606. https://doi.org/10.1016/j.matpr.2021.08.148
- Haldar, S. (2019). Green entrepreneurship in theory and practice: insights from India. Int. J. Green Economics, 13(2): International Journal of Green Economics 13(2), 99-119. https://doi.org/10.1504/IJGE.2019.103232
- Kabir, I., Abdullahi, Y.A., & Naqshbandi, M.M. (2023). Measuring entrepreneurial orientation and institutional theory for informal enterprises: scale validation. Quality & Quantity, 57(1), 1439-1463. https://doi.org/10.1007/s11135-022-01357-1
- Koning, E.A. (2016). The three institutionalisms and institutional dynamics: Understanding endogenous and exogenous change. Journal of Public Policy, 36(4), 639-664. https://doi.org/10.1017/S0143814X15000240
- Kurtulmuş, B.E., Alev Katrinli, A., & Warner, B. (2020). International Entrepreneurial Orientation and Performance of SMEs: The Mediating Role of Informal Institutional Framework. SAGE Open, 10(4), 1-9. https://doi.org/10.1177/2158244020983294
- Kuzmak, O., Kuzmak, O. (2023). Social Responsibility of Business Towards Sustainable Development: Case of Ukraine. Collection of Papers New Economy, 1(1), 126-148. https://doi.org/10.61432/CPNE0101126k
- Laskaiev, O., Lagodiyenko, O., Lagodiienko, V., Ivanchenkova, L., Romanashenko, I. (2023). Prospects for the Development of the ESG Concept in the Face of New Challenges. Collection of Papers New Economy, 1(1), 179-195. https://doi.org/10.61432/CPNE0101179l
- Lee, C.K., Wiklund, J., Amezcua, A., Bae, T.J., & Palubinkas, A. (2022). Business failure and institutions in entrepreneurship: a systematic review and research agenda. Small Business Economics, 58(1), 1997–2023. https://doi.org/10.1007/s11187-021-00495-4
- Lee, W.C., & Law, S.H. (2016). The Roles of Formal and Informal Institutions on Innovations Activity. Jurnal Ekonomi Malaysia, 50(2), 167–179. http://dx.doi.org/10.17576/JEM-2016-5002-14
- Li, D., Wei, L.Q., Cao, Q., & Chen. (2022). Informal institutions, entrepreneurs’ political participation, and venture internationalization. Journal of International Business Studies, 53(6), 1062–1090. https://doi.org/10.1057/s41267-021-00402-9
- Lindorfer, R., d’Arcy, A., & Filatotchev, I. (2023). When Institutional Plates Collide: The Dynamic Impact ofInformal Institutions on Capital Market Development. Journal of Risk and Financial Management, 16(3). https://doi.org/10.3390/jrfm16030178
- Matos, M.M., Lombana-Coy, J., & Mesıas, F.J. (2023). Creation of shared value in cooperatives: informal institutions’ perspective of small-sized banana growers from Colombia. Journal of Economics, Finance and Administrative Science, 28(55), 134-159. https://doi.org/10.1108/JEFAS-09-2021-0186
- Meylani, B.C., & Prasetyo, P.E. (2023). The Impact of International Crude Oil Prices on the Monetary Sector in Indonesia. International Journal of Sustainable Development and Planning, 18(6), 1707-1714. https://doi.org/10.18280/ijsdp.180606
- Mićić, L., & Mastilo, Z. (2022). Digital Workplace Transformation: Innovative Approach after COVID-19 Pandemic. ECONOMICS - Innovative and Economics Research Journal, 10(2), 63-76. https://doi.org/10.2478/eoik-2022-0014
- Mijajlović, M., Puška, A., Stević, Ž., Marinković, D., Doljanica, D., Jovanović, S. V., Stojanović, I., & Beširović, J. (2020). Determining the competitiveness of spa-centers in order to achieve sustainability using a fuzzy multi-criteria decision-making model. Sustainability, 12(20). https://doi.org/10.3390/su12208584
- Minbaeva, D., Ledeneva, A., Maral, M.T., & Horak, S. (2023). Explaining the Persistence of Informal Institutions: The Role of Informal Networks. Academy of Management Review, 48(3), 556-574. https://doi.org/10.5465/amr.2020.0224
- Misztal, A., & Kowalska, M. (2023). Factors of green entrepreneurship in selected emerging markets in the European Union. Environment, Development and Sustainability, 25(12), 13819 – 13836. https://doi.org/10.1007/s10668-023-03811-y
- Mukonza, C. (2020). An Analysis of Factors Influencing Green Entrepreneurship Activities in South Africa. https://doi.org/10.1007/978-3-030-44180-7_3
- Muralidharan, E., & Pathak, S. (2017). Informal institutions and international entrepreneurship. International Business Review, 26(2), 288-302. https://doi.org/10.1016/j.ibusrev.2016.07.006
- Murimbika, M., & Urban, B., (2023) Institutional and self-efficacy effects on systemic entrepreneurship: evidence from South Africa, Journal of Small Business & Entrepreneurship, 35(2), 284-305. https://doi.org/10.1080/08276331.2020.1764739
- Neumann, T. (2022). Impact of green entrepreneurship on sustainable development: An ex-post empirical analysis. Journal of Cleaner Production, 377(22). https://doi.org/10.1016/j.jclepro.2022.134317
- Nguyen, A. T., Do, T. H. H., Vu, T. B. T., Dang, K. A., & Nguyen, H. L. (2019). Factors affecting entrepreneurial intentions among youths in Vietnam. Children and Youth Services Review, 99(C), 186–193. https://ideas.repec.org/a/eee/cysrev/v99y2019icp186-193.html
- Nikolaou, I. E., Tasopoulou, K., & Tsagarakis, K. (2018). A Typology of Green Entrepreneurs Based on Institutional and Resource-based Views. The Journal of Entrepreneurship, 27(1), 111-132. https://doi.org/10.1177/0971355717738601
- Nordin, R., & Hassan, R.A. (2019). The Role of Opportunities for Green Entrepreneurship Towards Investigating the Practice of Green Entrepreneurship among SMEs in Malaysia. Review of Integrative Business and Economics Research, 8(1), 99-116. https://sibresearch.org/uploads/3/4/0/9/34097180/riber_8-s1_08_s18-156_99-116.pdf
- North, Douglass C. (1990). Institutions, institutional change and economic performance. Cambridge university press, 152(24), 141-146. https://doi.org/10.1017/CBO9780511808678
- OECD (2022). Recommendation on the Social and Solidarity Economy and Social Innovation. Meeting of the Council at Ministerial Level, 9-10. https://www.oecd.org/cfe/leed/social-economy/social-economy-recommendation/
- Peprah, C., Peprah, V. & Ocloo, K.A.(2022). Improving the socio-economic welfare of women through informal sector activities in Ghana. Environment Development Sustainability, 24(3), 1-24. https://doi.org/10.1007/s10668-022-02161-5
- Pindado, E., Alarc´on, S., S´anchez, M., Martínez, M.G. (2023). International entrepreneurship in Africa: The roles of institutional voids, entrepreneurial networks and gender. Journal of Business Research 166(11). https://doi.org/10.1016/j.jbusres.2023.114109
- Prasetyo, P.E., Azwardi & Kistanti, N.R. (2023). Gender equality and social inclusion (GESI) and institutions as key drivers of green entrepreneurship. International Journal of Data and Network Science, 7(1), 391–398. http://doi.org/10.5267/j.ijdns.2022.9.008
- Prasetyo, P.E., Pujiati, A., Setyadharma, A., & Kistanti, N.R. (2022a). The Spirit of Social Entrepreneur-ship and Institutional Environment as Drives of Sustainable Economic Growth. International Journal of Sustainable Development and Planning, 17(8), 2485-2492. https://doi.org/10.18280/ijsdp.170816
- Prasetyo, P.E., Setyadharma, A., & Kistanti, N.R. (2022b). The role of institutional potential and social entrepreneurship as the main drivers of business opportunity and competitiveness. Uncertain Supply Chain Management, 10(1), 101-108. https://doi.org/10.5267/j.uscm.2021.10.006
- Prasetyo, P.E., Setyadharma, A., & Kistanti, N.R. (2021). Integration and collaboration of determinants of entrepreneurial competitiveness. Uncertain Supply Chain Management, 9(3), 585-594. https://doi.org/10.5267/j.uscm.2021.6.002
- Prasetyo, P.E., & Dzaki, F.Z. (2020). Institutional performance and new product development value chain for entrepreneurial competitive advantage. Uncertain Supply Chain Management, 8(4), 753-760. https://doi.org/10.5267/j.uscm.2020.7.004
- Rudaku, A., Toska, A., Gleason, K., & Zeqiri, J., (2023). Returned Entrepreneurs and Ability to Generate Innovations: Case of Kosovo. International Journal of Sustainable Development and Planning, 18(9), 2911-2921. https://doi.org/10.18280/ijsdp.180929
- Saleem, F., Asif, M. & Lodhi, S. (2022). The Role of Institutions in Women’s Entrepreneurial Performance. Journal of Hunan University, 49(3), 1-12. https://doi.org/10.55463/issn.1674-2974.49.3.26
- Samadi, A.H. (2019). Institutions and entrepreneurship: unidirectional or bidirectional causality? Journal of Global Entrepreneurship Research, 9(3), 1-16. https://doi.org/10.1186/s40497-018-0129-z
- Sedeh, A.A., Pezeshkan, A., & Rosa Caiazza, R. (2022). Innovative entrepreneurship in emerging and developing economies: the effects of entrepreneurial competencies and institutional voids. The Journal of Technology Transfer, 47(1),1198–1223. https://doi.org/10.1007/s10961-021-09874-1
- Sendra-Pons, P., Comeig, I Alicia Mas-Tur, A. (2022). Institutional factors affecting entrepreneurship: A QCA analysis. European research on management and business economics, 28(3). https://doi.org/10.1016/j.iedeen.2021.100187
- Shi, X. & Z. Xu (2018). ‘Environmental regulation and firm exports: evidence from the eleventh Five-Year Plan in China’, Journal of Environmental Economics and Management, 89(1),187–200.
- Shu, C., Zhao, M., & Liu, J. (2021). Pursuing sustainable development through green entrepreneurship: An institutional perspective. Business Strategy and the Environment, 30(8), 4281-4296. https://doi.org/10.1002/bse.2869
- Shyshkova, N., Ashcheulova, O., Blishchuk, K., Kozak, I., Anisimova, L., & Povoroznyk, M. (2022). Evaluation of the Business Model of Introducing High Technology into the Solidarity Economy. Economic Affairs, 67(05), 961-970. https://doi.org/0.46852/0424-2513.5.2022.31
- Sorensen, A. (2017). New Institutionalism and Planning Theory from: The Routledge Handbook of Planning Theory. https://doi.org/10.4324/9781315696072.ch20
- Sulastiningsih, Wikaningtyas, S.U., & Novitasari, D. (2023). Green Entrepreneurship Motivation Model. Academic Journal of Interdisciplinary Studies, 12(2), 262-272. https://doi.org/10.36941/ajis-2023-0047
- Swain, R.B., & Yang-Wallentin, F. (2020). Achieving sustainable development goals: predicaments and strategies, International Journal of Sustainable Development & World Ecology, 27(2), 96-106. https://doi.org/10.1080/13504509.2019.1692316
- Štilić, A., Mastilo, A., Vuković, K., & Mastilo, D. (2023). Innovative Solutions for Economic Growth: Exploring the Impact of Economic Freedoms on Foreign Direct Investment Attraction. ECONOMICS - Innovative and Economics Research Journal, 11(1), 29-44. https://doi.org/10.2478/eoik-2023-0013
- Tae-Hee Jo. (2019). The Institutionalist Theory of the Business Enterprise: Past, Present, and Future. Journal of Economic Issues, 53(3), 597-611. https://doi.org/10.1080/00213624.2019.1634451
- Thurik, A.R., Audretsch, D.B., Block, J.H., Burke, B., Carree, M.A., Dejardin, M., Rietveld, C.A., Sanders, M., Stephan, U., & Wiklund, J. (2023). The impact of entrepreneurship research on other academic fields. Small Business Economics, 61(4), 1-25. https://doi.org/10.1007/s11187-023-00781-3
- Ugyel, L. (2018). Integrating formal and informal institutions: towards a healthy community in the Pacific. Journal Development Policy Centre, 69(1), 1-24. http://dx.doi.org/10.2139/ssrn.3216239
- Urbano, D., Felix, C., & Aparicio, S. (2021). Informal institutions and leadership behavior in a developing country: A comparison between rural and urban areas. Journal of Business Research, 32(8), 544-556. https://sibresearch.org/uploads/3/4/0/9/34097180/riber_8-s1_08_s18-156_99-116.pdf
- Vasilescu, M.D., Dimian, G.C., and Gradinarua G.I. (2023). Green entrepreneurship in challenging times: aquantitative approach for European countries. Economic Research-Ekonomska Istraživanja, 36(1), 1828–1847. https://doi.org/10.1080/1331677X.2022.2093767
- Wang, X., Javaid, M.N., Bano, S., Younas, H., Jan, A., & Salameh, A.A. (2022). Interplay among institutional actors for sustainable economic development—Role of green policies, ecoprenuership, and green technological innovation. Front. Environ. Sci., 10. https://doi.org/10.3389/fenvs.2022.956824
- Webb, J.W., Khoury, T.A., & Hitt, M.A. (2020). The Influence of Formal and Informal Institutional Voids on Entrepreneurship. Entrepreneurship Theory and Practice, 44(3), 504-526. https://doi.org/10.1177/1042258719830310
- Williams, C.C., & Bezeredi, A.S. (2018). An Institutional Theory of Informal Entrepreneurship: Some Lessons from Fyr Macedonia. Journal of Developmental Entrepreneurship, 23(03). https://doi.org/10.1142/S108494671850019X
- Williamson, C.R. (2009). Informal institutions rule: institutional arrangements and economic performance. Public Choice, 139(1), 371-387. https://doi.org/10.1007/s11127-009-9399-x
- Zetterberg, L., Eriksson, M., Ravry, C., Santosa, A., & Nawi, Ng. (2023). Neighbourhood social sustainable development and spatial scale: a qualitative case study in Sweden, Local Environment, 28(6), 793-810. https://doi.org/10.1080/13549839.2023.2179610
- Zhang, Q., Z. Yu & D.Kong (2019). ‘The real effect of legal institutions: environmental courts and firm environmental protection expenditure’, Journal of Environmental Economics and Management, 98(1). https://doi.org/10.1016/j.jeem.2019.102254
- Zhuang, J., & Sun, H., (2023). Impact of institutional environment on entrepreneurial intention: The moderating role of entrepreneurship education. The International Journal of Management Education, 21(3). https://doi.org/10.1016/j.ijme.2023.100863
Language: English
Page range: 1 - 20
Submitted on: Sep 17, 2023
Accepted on: Dec 26, 2023
Published on: Dec 29, 2023
Published by: Oikos Institut d.o.o.
In partnership with: Paradigm Publishing Services
Publication frequency: 3 issues per year
Related subjects:
© 2023 P Eko Prasetyo, Azwardi,, Nurjannah Rahayu Kistanti, published by Oikos Institut d.o.o.
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.