New Findings Reported from London School of Economics Describe Advances in CDC and FDA [A Framework for Investigating New Firm Entry: the (Limited) Overlap Between Informal-formal and Necessity-opportunity Entrepreneurship].

A report from the London School of Economics discusses the different types of entrepreneurial entry, specifically focusing on the overlap between informal-formal and necessity-opportunity entrepreneurship. The researchers argue that informal and necessity entrepreneurship are often associated with low human and financial capital and productivity, while formal and opportunity entrepreneurship are seen as more beneficial for growth and development. However, the researchers propose a more complex typology that includes successful informal firms and identifies four categories of entrepreneurial entry. The study also explores the impact of the COVID-19 pandemic on entrepreneurship in an emerging market economy. [Extracted from the article]