Managing informal entrepreneurial culture: balancing innovation and regulation

Author(s): 
Abstract: 
The topic explores how informal entrepreneurial cultures operate in environments where limited regulation, social networks, and adaptive practices drive business activity. It examines the tension between grassroots innovation and the need for formal governance mechanisms that enhance accountability, protect consumers, and support sustainable growth. The focus is on identifying strategies that preserve the creative flexibility of informal entrepreneurship while gradually integrating regulatory frameworks that strengthen legitimacy, market stability, and long-term development.
Pages: 
71-79
doi: 

10.24412/1994-3776-2025-4-71-79