The Strategies of Staging the Choices of Degrees of Formalization of Business Activities in Cameroon

Abate Andre Modeste, Fouda Ongodo Maurice and Pene Zongabiro Nina Pelagie

Applied Economics and Finance, 2017, vol. 4, issue 6, 53-63

Abstract: The objective of this work is to highlight the strategies of formalization and the development of activities base on the analysis of the path of the formalization of the activities of six entrepreneurs in Cameroon. The study used live recitation of entrepreneurs obtained through a semi-direct interview that focuses on three main questions including: the circumstances of the engagement in an entrepreneurship carrier, the legal status of the activities and the evolution of the activities. The results revealed that despite the accumulation capacity of entrepreneurs, they continue to act in an informal manner by convenience and opportunism. This study, therefore dissociates with the established idea that small business entrepreneurs do not have strategic abilities. In fact, the results show that entrepreneurs in the informal sector have strategic abilities that enable them to put in place and at some level strategies of formalization that can guarantee good performance and reduce constraints towards the development of their activities.

Keywords: strategies; formalization; development path; transitional dynamics; facade (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:rfa:aefjnl:v:4:y:2017:i:6:p:53-63

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