IDEAS home Printed from https://ideas.repec.org/a/ids/ijbenv/v15y2024i3-4p408-428.html
   My bibliography  Save this article

Exploring the influence of digitalisation on the formalisation process of informal businesses: a comparative strategic management in China and Peru

Author

Listed:
  • Jorge Peña
  • Alejandro Flores
  • Jorge Heredia

Abstract

The formalisation of informal businesses is a complicated process that has been the subject of numerous attempts to find a satisfactory solution. Achieving this transition is an aspiration of academics, policymakers, and the government. To address this problem, our explorative and theoretical research focuses on the influence of digitalisation as a new strategic variable for the formalisation process of informal businesses. For this purpose, we employ comparative strategic management (CSM) in Peru and China businesses to know the factors that drive the formalisation process in heterogeneous contexts. This article demonstrates significant similarities and differences in the formalisation process's economic, institutional, and strategic environments. Also, from the experience learned from businesses in China, identify factors that could be useful for the Peruvian experience. Finally, this research presents propositions that explain the adaptation mechanisms of digitisation to increase the rate of business formalisation to contribute to sustainable development goals (SDGs), researchers, practitioners, and policymakers.

Suggested Citation

  • Jorge Peña & Alejandro Flores & Jorge Heredia, 2024. "Exploring the influence of digitalisation on the formalisation process of informal businesses: a comparative strategic management in China and Peru," International Journal of Business Environment, Inderscience Enterprises Ltd, vol. 15(3/4), pages 408-428.
  • Handle: RePEc:ids:ijbenv:v:15:y:2024:i:3/4:p:408-428
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=139705
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijbenv:v:15:y:2024:i:3/4:p:408-428. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=69 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.