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Author:Szerb, L. (et al.)
Title:Informal investment in transition economies: Individual characteristics and clusters
Journal:Small business economics
2007 : FEB/MAR, VOL. 28:2-3, p. 257-271
Index terms:cluster analysis
entrepreneurship
investments
Language:eng
Abstract:Using Global Entrepreneurship Monitor (GEM) data this article explores the factors promoting informal investment in Croatia, Hungary and Slovenia. The study shows that the reason for low rates and small amounts of informal investment is found in entrepreneurial behaviors which are consistent with limited market economy experience. Different groups of informal investors are identified by cluster analysis.
SCIMA record nr: 265954
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