Transforming shadow entrepreneurship into legitimate businesses: the key to economic growth.
The article discusses ways to deal with illegal entrepreneurship in the shadow economy. The researchers found that turning shadow businesses into legal ones is the best option. They suggest using controls to make shadow entrepreneurship less appealing and legal entrepreneurship more rewarding. These controls can work together to encourage compliance and self-regulation. Overall, the article provides a detailed review of policy options to tackle shadow entrepreneurship and offers recommendations for the future.