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Entrepreneur Attributes and Formalization of Micro, Small and Medium Enterprises in Tanzania

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  • Esther K. Ishengoma

Abstract

New institutional economics literature underscores the role of entrepreneur attributes in structuring the entrepreneur’s views and decision-making about (in)formalizing the business while considering the environment which shapes one’s perceptions. However, empirical knowledge on same, based on the African/Tanzanian context, remains scant. Based on Tanzanian national survey data from 5549 micro, small and medium enterprises, this paper assesses the influence of entrepreneur attributes on business formalization while controlling for structural and institutional factors. The results reveal that attributes likely to increase the probability of formalizing one’s business include being either a male, aged between 31 and 50, opportunity-driven or having at least secondary education.

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  • Esther K. Ishengoma, 2018. "Entrepreneur Attributes and Formalization of Micro, Small and Medium Enterprises in Tanzania," Journal of African Business, Taylor & Francis Journals, vol. 19(4), pages 491-511, October.
    • Handle: RePEc:taf:wjabxx:v:19:y:2018:i:4:p:491-511
    DOI: 10.1080/15228916.2018.1472480
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    Cited by:

    1. Ishengoma, Esther K. & Gabriel, Genoveva, 2021. "Factors influencing the payment of costs of converting oil-to CNG-fuelled cars in a market dominated by used-cars," Energy Policy, Elsevier, vol. 156(C).
    2. Balde, Racky, 2021. "Financial development and small firms’ tax compliance in Sub-Saharan Africa," MERIT Working Papers 2021-041, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    3. Ebrahim Endris & Andualem Kassegn, 2022. "The role of micro, small and medium enterprises (MSMEs) to the sustainable development of sub-Saharan Africa and its challenges: a systematic review of evidence from Ethiopia," Journal of Innovation and Entrepreneurship, Springer, vol. 11(1), pages 1-18, December.

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