Business Strategy in the Digital Age: Empowering SMEs for Sustainable Growth

A special issue of Administrative Sciences (ISSN 2076-3387).

Deadline for manuscript submissions: 30 July 2026 | Viewed by 10085

Special Issue Editors


E-Mail Website
Guest Editor
School of Management Sciences, Department of Business Management, Nelson Mandela University, South Campus, Gqeberha 6031, South Africa
Interests: sustainability; finance; general management

E-Mail Website
Guest Editor
School of Management Sciences, Department of Business Management, Nelson Mandela University, South Campus, Gqeberha 6031, South Africa
Interests: strategic management; sustainability; digital transformation

Special Issue Information

Dear Colleagues,

We warmly invite contributions to a Special Issue of Administrative Sciences (a Scopus-indexed and DHET-accredited journal) entitled “Business Strategy in the Digital Age: Empowering SMEs for Sustainable Growth,” which aims to explore how small and medium-sized enterprises (SMEs) can leverage digital transformation, innovation, and sustainability to achieve strategic success in today’s dynamic digital economy.

SMEs are widely recognised as pivotal drivers of economic growth, innovation, and job creation globally (Manyaga, Goldman, & Thomas, 2024). They constitute over 90% of registered businesses in South Africa, contribute between 34 and 57% to GDP, and employ nearly half of the workforce (Takawira, & Pooe, 2025). Similarly, SMEs are vital to economic and employment growth in East Africa (Kato, Chiloane-Tsoka & Mugambe, 2024), while in Europe they employ 66% of the workforce and generate 75% of industrial output (Gallotta, Baranova & Paterson, 2023). Despite their critical economic role, SMEs face substantial challenges in the digital era, including limited access to finance, inadequate digital infrastructure, skills gaps, and difficulties in integrating sustainability into business strategies (Mavimbela & Dube, 2016).

The rapid advancement of digital technologies such as artificial intelligence, e-commerce, and data analytics offers unprecedented opportunities for SMEs to innovate, expand market reach, and enhance competitiveness (Takawira & Pooe, 2025). Digital transformation also enables sustainable innovation, such as eco-efficiency, waste reduction, and renewable energy integration, which is positively associated with SME growth. Yet, many SMEs lack formal sustainability strategies, face high failure rates (70–80% within five years in South Africa), and struggle to align economic objectives with social and environmental goals (Manyaga, Goldman, & Thomas, 2024).

This Special Issue aims to advance knowledge on how SMEs can integrate digital transformation, innovation, and sustainability into their business strategies to achieve sustainable growth. It aligns with the journal’s scope by examining administrative and strategic processes within organisations, specifically focusing on SMEs in the digital era. The scope is broad, encompassing diverse industries, regions, and methodologies (e.g., empirical studies, theoretical frameworks, and case studies), provided contributions align with the theme.

Focus

  • To explore how SMEs can leverage digital transformation, innovation, and sustainability to achieve strategic success in the digital economy;
  • To examine the opportunities and challenges SMEs face in integrating digital tools and sustainable practices into their business strategies.

Scope

  • Open to diverse contexts, industries, and regions, focusing on SMEs within the digital age;
  • Welcomes empirical studies, theoretical frameworks, and case-based research that address digital transformation, sustainability, and strategy in SMEs.

Purpose

  • To provide actionable insights and frameworks that support SME leaders in achieving sustainable growth;
  • To inform policy, advance academic knowledge, and contribute to practical solutions for SMEs navigating digital and sustainability transitions.

The Special Issue seeks to deliver practical frameworks for SME leaders, inform policy development, and contribute to academic discourse on digital strategies, with the goal of publishing at least 10 articles for potential inclusion in a printed book.

Suggested Themes and Article Types

In this Special Issue, original research articles and reviews are welcome, and research areas may include, but are not limited to, the following topics:

  • Digital transformation strategies for SMEs (e.g., AI, e-commerce, etc.);
  • Innovative business models for sustainable SME growth;
  • Sustainability integration into SME strategic planning;
  • Policy frameworks to support SME digitalization;
  • Overcoming barriers to digital adoption in SMEs (e.g., resource constraints);
  • Cybersecurity and digital risk management for SMEs;
  • Policy and ecosystem support for digital SMEs.

Please see the following examples of existing articles linked to these research themes (to serve as a guide for article types):

Achieng, M., & Malatji, M. (2022). Digital transformation of small and medium enterprises in sub-Saharan Africa: A scoping review. The Journal for Transdisciplinary Research in Southern Africa, 18(1), Article a1257. https://doi.org/10.4102/td.v18i1.1257

Ammeran, M. Y., & Latip, M. S. A. (2024). Influencing factors of digital transformation in developing economies: A case study of Malaysia’s SME sector. International Journal of Business and Society, 25(2), 696–712. https://doi.org/10.33736/ijbs.7623.2024

Arroyabe, M. F., Arranz, C. F. A., & de Arroyabe, J. C. F. (2024). The integration of circular economy and digital transformation as a catalyst for small and medium enterprise innovation. Business Strategy and the Environment, 33(7), 7162–7181. https://doi.org/10.1002/bse.3858

Bennett, R., Kottasz, R., & Yuan, P.-Y. (2025). The mediating role of digital innovation capability on the relationship between organisational agility and performance: The case of the UK arts and culture sector. Cogent Business & Management, 12(1). https://doi.org/10.1080/23311975.2025.2465893

Berman, T., Schallmo, D., & Kraus, S. (2024). Strategies for digital entrepreneurship success: The role of digital implementation and dynamic capabilities. European Journal of Innovation Management, 27(9), 198–222. https://doi.org/10.1108/EJIM-01-2024-0081

Cheng, C.-H., Tang, B.-J., & Cheng, Y.-R. (2024). Strategies and tools for small- and medium-sized enterprises (SMEs) to move toward green operations: The case of the Taiwan metal industry. Sustainability, 16(11), 4705. https://doi.org/10.3390/su16114705

Chonsawat, N., & Sopadang, A. (2020). Defining SMEs’ 4.0 readiness indicators. Applied Sciences, 10(24), 8998. https://doi.org/10.3390/app10248998

Cvijić Čović, M., Borocki, J., Djaković, V., Vekić, A., & Okanović, A. (2023). Entrepreneurial strategic orientation: Prerequisite for SMEs’ success in IoT and digital transformation sphere? Systems, 11(6), 272. https://doi.org/10.3390/systems11060272

Gaaje, N., Ogundaini, O., & Mlitwa, N. (2025). Optimising data management systems for SME scalability in South Africa: A vendor perspective. South African Journal of Business Management, 56(1), Article a4924. https://doi.org/10.4102/sajbm.v56i1.4924

Hansen, A. K., Christiansen, L., & Lassen, A. H. (2024). Technology isn’t enough for Industry 4.0: On SMEs and hindrances to digital transformation. International Journal of Production Research. Advance online publication. https://doi.org/10.1080/00207543.2024.2305800

Kumar, L., & Sharma, R. K. (2025). Adapting to Industry 4.0: Evaluating SMEs’ preparedness through a comprehensive digital readiness assessment maturity model by validating stakeholders’ perceptions. Business Process Management Journal. Advance online publication. https://doi.org/10.1108/BPMJ-07-2024-0546

Mick, M. M. A. P., Kovaleski, J. L., & Chiroli, D. M. G. (2024). Sustainable digital transformation roadmaps for SMEs: A systematic literature review. Sustainability, 16(19), 8551. https://doi.org/10.3390/su16198551

Nguyen, H. T. (2025). Digital transformation for SMEs through an optimized approach to business process management. Management, 1, 362–403. https://doi.org/10.58691/man/202535

Rubio-Andrés, M., Linuesa-Langreo, J., Gutiérrez-Broncano, S., & others. (2024). Tackling digital transformation strategy: How it affects firm innovation and organizational effectiveness. Journal of Technology Transfer. Advance online publication. https://doi.org/10.1007/s10961-024-10164-9

Serirungsun, P., Badir, Y. F., & Frank, B. (2024). Achieving digital transformation: The effect of open innovation strategies at different stages of SME development in an emerging market. IEEE Transactions on Engineering Management, 71, 15555–15568. https://doi.org/10.1109/TEM.2024.3487297

Syah, D. H., Prayogo, R. R., Nugroho, Y., Masyhuri, M., & Sagala, G. H. (2025). In search of the digital transformation framework of SMEs: A bibliometric analysis. Journal of Entrepreneurship and Public Policy. Advance online publication. https://doi.org/10.1108/JEPP-09-2024-0160

We look forward to receiving your contributions.

References:

Kato, AI., Chiloane-Tsoka, EG & Mugambe, P. 2024. Unlocking the potential: the influence of sustainable finance solutions on the long-term sustainability of small and medium-sized enterprises. Cogent Business & Management, 11(1): 2391122. https://doi.org/10.1080/23311975.2024.2391122

Gallotta, B., Baranova, P., & Paterson, F. 2024. Pro-environmental enterprise support: Developing a framework to unlock the potential of SMEs in sustainability transitions. Local Economy, 38(6): 582-605. https://doi.org/10.1177/02690942241237977

Manyaga, M.B., Goldman, G.A. & Thomas, P. 2024. Sustaining SMEs through Indigenous Knowledge Systems: Exploring opportunities and challenges. Southern African Journal of Entrepreneurship and Small Business Management, 16(1), a882. https://doi.org/10.4102/ sajesbm.v16i1.882

Mavimbela, R. & Dube, E. 2016. Can an Internet Adoption Framework be Developed for SMEs in South Africa. Journal of Entrepreneurship and Innovation in Emerging Economies, 2(2) 120–135.

Takawira, B. & Pooe, D. 2025 SME readiness for Industry 5.0: A systematic literature review. Southern African Journal of Entrepreneurship and Small Business Management, 17(1): a946. https://doi.org/ 10.4102/ sajesbm.v17i1.946

Prof. Dr. Miemie Struwig
Dr. Storm Watson
Guest Editors

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Keywords

  • small and medium enterprises (SMEs)
  • digital transformation
  • innovation
  • sustainability
  • business strategy
  • digital age
  • strategic management
  • SME competitiveness
  • sustainable growth
  • digital technologies

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Published Papers (8 papers)

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Research

22 pages, 308 KB  
Article
Studentpreneurship at a South African University: Evaluating Support Mechanisms and Institutional Gaps
by Siphenathi Fihla and Bramwell Kundishora Gavaza
Adm. Sci. 2026, 16(6), 258; https://doi.org/10.3390/admsci16060258 - 29 May 2026
Viewed by 365
Abstract
Studentpreneurship has gained prominence in South Africa as universities are increasingly expected to foster innovation, job creation, and youth participation in the economy. However, despite the establishment of incubators, entrepreneurship centres, mentorship programmes, and EDHE-aligned initiatives, support for studentpreneurs remains unevenly implemented, poorly [...] Read more.
Studentpreneurship has gained prominence in South Africa as universities are increasingly expected to foster innovation, job creation, and youth participation in the economy. However, despite the establishment of incubators, entrepreneurship centres, mentorship programmes, and EDHE-aligned initiatives, support for studentpreneurs remains unevenly implemented, poorly integrated, and inconsistently accessible, particularly within a historically disadvantaged university. This study examines how university support mechanisms shape the experiences, challenges, and business development trajectories of studentpreneurs in a South African university. Guided by Entrepreneurial Ecosystem Theory, the study adopts a qualitative research design involving in-depth interviews with 15 studentpreneurs. Thematic analysis reveals significant gaps in awareness, accessibility, and continuity of institutional support. While students valued motivational workshops, pitching opportunities, and limited mentorship, these interventions lacked sustained follow-up, sector-specific guidance, and financial or infrastructural resources necessary for business growth. The study contributes to South African entrepreneurship scholarship by highlighting the lived realities of studentpreneurs at a historically disadvantaged university and by proposing institutional reforms to build more coherent, equitable, and sustainable studentpreneurship ecosystems. Full article
24 pages, 4208 KB  
Article
Sociotechnical Enablers of Digital Transformation of South African Retail SMMEs
by Luyolo Mahlangabeza and Michael Twum-Darko
Adm. Sci. 2026, 16(5), 237; https://doi.org/10.3390/admsci16050237 - 19 May 2026
Viewed by 515
Abstract
Digital transformation (DT) is becoming of strategic importance for Small, Medium and Micro Enterprises (SMMEs), especially in the retail sector, where a significant portion of customer engagement, operational efficiency, and market competitiveness is shaped by digital technologies. Even though there is a growing [...] Read more.
Digital transformation (DT) is becoming of strategic importance for Small, Medium and Micro Enterprises (SMMEs), especially in the retail sector, where a significant portion of customer engagement, operational efficiency, and market competitiveness is shaped by digital technologies. Even though there is a growing availability of smartphones, mobile payment systems, and social media platforms, many South African retail SMMEs struggle to achieve a sustained and meaningful DT. Existing studies offer limited insights into the dynamic interactions between technological, organisational, and human agency factors that enable digital uptake over time. This study investigates the sociotechnical dynamics of DT among retail SMMEs in the Eastern and Western Cape provinces of South Africa. The research integrates Adaptive Structuration Theory (AST) with the Limits to Success Archetype (LSA) to conceptualise DT as an evolving process shaped by the interplay of technology, organisational structures (formal arrangement of roles, responsibilities, authority, and communication patterns within an organisation), and human agency. Using an exploratory qualitative research design, purposively sampled semi-structured interviews were conducted with 23 retail owners, directors and managers. The interviews were transcribed, and the data were analysed thematically using the Braun and Clarke six-step thematic analysis framework on Atlas.ti 25. Findings indicate that DT in retail SMMEs is enabled by pragmatic, tool-level digital adoption, training, education, ongoing skill development, alignment with business capacity, regulatory clarity, operational realities, addressing scams, fraud, data security, a user-friendly interface, and the availability of native language digital tools, structural interventions that reduce inequality, and DT ecosystem support. The study contributes to DT scholarship by integrating sociotechnical and systems-thinking perspectives to explain the trajectories of DT in retail SMMEs. It also provides practical insights for policymakers, support institutions, and digital ecosystem actors seeking to democratise DT in emerging-market retail contexts. Full article
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24 pages, 1080 KB  
Article
SME Entrepreneurs’ Continuance Use of Digital Payment Tools: An Integrated TAM–PAM Model with Sustainability Attitude and Satisfaction as a Dual Mediator
by Nahida Sultana, Afruza Haque and Rasheda Akter Rupa
Adm. Sci. 2026, 16(5), 215; https://doi.org/10.3390/admsci16050215 - 30 Apr 2026
Viewed by 1165
Abstract
Digital Payment Tools (DPTs) are increasingly promoted as catalysts for financial inclusion, operational efficiency, and sustainable growth among Small and Medium Enterprises (SMEs) in developing economies such as Bangladesh. However, prior research predominantly treats DPT adoption as a static decision, offering limited insights [...] Read more.
Digital Payment Tools (DPTs) are increasingly promoted as catalysts for financial inclusion, operational efficiency, and sustainable growth among Small and Medium Enterprises (SMEs) in developing economies such as Bangladesh. However, prior research predominantly treats DPT adoption as a static decision, offering limited insights into how pre-adoption perceptions evolve into post-adoption satisfaction and continued use, particularly from a sustainable development perspective. Addressing this gap, this study aims to examine the determinants of SME entrepreneurs’ satisfaction (SAT) and continued intention to use (CIU) DPTs by integrating the Technology Acceptance Model (TAM) and the Post-Adoption Model (PAM), with SAT and sustainability attitude (SUS) positioned as a mediating mechanism linking digital payment usage to long-term sustainable behavior. Data were collected from 219 SME entrepreneurs in Bangladesh and analyzed using Structural Equation Modeling. Results reveal that Perceived Ease of Use (PEOU) directly impacts Perceived Usefulness (PU) and SAT but does not impact CIU. Although PU does not influence CIU, it has a significant impact on SAT, which in turn influences CIU. Additionally, SAT fully mediates the relationship between PEOU and PU with CIU. Moreover, PEOU and PU have a significant impact on SAT through the partial mediation of SUS, while SUS fully mediates the relationship between PU and CIU. By bridging pre-adoption and post-adoption perspectives and embedding sustainability within the digital payment adoption framework, this study advances understanding of how DPTs contribute to sustainable SME development in emerging economies. The insights offer practical implications for Fintech developers and policymakers aiming to enhance long-term adoption and impact of DPTs in emerging economies. Full article
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31 pages, 2774 KB  
Article
Economic Evaluation of Phased Digital Transformation Investments in SMEs: A Cost–Benefit Analysis in the Turkish Metal Processing Sector
by Sultan Gül Özdamar and Süleyman Ersöz
Adm. Sci. 2026, 16(5), 214; https://doi.org/10.3390/admsci16050214 - 30 Apr 2026
Viewed by 1328
Abstract
This study examines how manufacturing SMEs can structure digital transformation as a strategic, risk-managed process under demand uncertainty and resource constraints. Integrating digital maturity assessment with cost–benefit analysis (D3A–CBA framework), the study evaluates a phased investment strategy at a Turkish metal processing SME, [...] Read more.
This study examines how manufacturing SMEs can structure digital transformation as a strategic, risk-managed process under demand uncertainty and resource constraints. Integrating digital maturity assessment with cost–benefit analysis (D3A–CBA framework), the study evaluates a phased investment strategy at a Turkish metal processing SME, grounding the analysis in real production order data and firm-level financial records. The phased structure—informed by real options reasoning—conditions capacity expansion on measurable Phase-1 performance thresholds, thereby limiting downside risk while preserving strategic flexibility. Under the base scenario (10% real discount rate), Phase-1 yields an NPV of TRY 3,830,738 and an IRR of 12.4%; the combined portfolio reaches TRY 17,365,066. However, a 10,000-iteration Monte Carlo simulation reveals a 29.8–33.0% probability of negative NPV, and sensitivity analysis exposes an asymmetric risk profile in which moderate demand shocks—rather than cost shocks—drive non-viability. The findings demonstrate that digital transformation in resource-constrained SMEs requires not only positive financial returns but also strategic mechanisms to manage demand uncertainty, exchange rate volatility, and organizational adaptation. The proposed framework offers SME managers a reproducible, evidence-based approach to aligning investment decisions with strategic objectives while containing capital risk. Full article
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20 pages, 2658 KB  
Article
Cultural Logics and Selective Digitalization: Rethinking Innovation Diffusion Through Collective Governance in Craft-Based SMEs
by Ni Putu Ari Krismajayanti, Gede Sri Darma, Luh Putu Mahyuni and Ida Ayu Oka Martini
Adm. Sci. 2026, 16(3), 128; https://doi.org/10.3390/admsci16030128 - 5 Mar 2026
Viewed by 1092
Abstract
This study rethinks innovation diffusion in craft-based small and medium-sized enterprises (SMEs) by examining how cultural logics and collective governance shape selective digitalization. Drawing on a qualitative case of Ata handicraft SMEs in Bali, Indonesia, the study analyzes in-depth interviews with artisans through [...] Read more.
This study rethinks innovation diffusion in craft-based small and medium-sized enterprises (SMEs) by examining how cultural logics and collective governance shape selective digitalization. Drawing on a qualitative case of Ata handicraft SMEs in Bali, Indonesia, the study analyzes in-depth interviews with artisans through the lens of Innovation Diffusion Theory. The findings reveal that digital technologies are not rejected but adopted selectively, mediated by Balinese Hindu philosophies such as Tri Hita Karana, Tat Twam Asi, and Segilik Seguluk Selunglung Sebayantaka, which emphasize balance, relational ethics, and communal solidarity. Rather than pursuing efficiency-driven digital adoption, artisans prioritize collective control, cultural continuity, and equitable value distribution. Digital tools function primarily as complementary mechanisms—supporting coordination, documentation, and market interaction—rather than as transformative drivers of organizational change. This study contributes theoretically by extending Innovation Diffusion Theory beyond linear adoption models, demonstrating how culturally grounded governance structures recalibrate the meaning and trajectory of digital innovation. More broadly, it offers insights for inclusive innovation discourse by showing how collective institutions enable SMEs to engage with digitalization while safeguarding cultural integrity and social sustainability. Full article
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19 pages, 1801 KB  
Article
Going Green in SMEs: Unpacking How Innovative Work Behavior Impacts Employee Commitment Through a Mediated–Moderated Model
by Ibrahim A. Elshaer, Chokri Kooli, Alaa M. S. Azazz, Sameh Fayyad, Mohamed Algezawy and Abuelkassem A. A. Mohammad
Adm. Sci. 2026, 16(1), 27; https://doi.org/10.3390/admsci16010027 - 6 Jan 2026
Cited by 1 | Viewed by 1108
Abstract
Previous studies on innovative work behavior (GIWB) have mainly focused on exploring its favorable sustainable consequences and its unseen potential harmful outcomes. To address this gap, this study sought to explore the associations between GIWB and perceived greenwashing, work exhaustion, and environmental commitment [...] Read more.
Previous studies on innovative work behavior (GIWB) have mainly focused on exploring its favorable sustainable consequences and its unseen potential harmful outcomes. To address this gap, this study sought to explore the associations between GIWB and perceived greenwashing, work exhaustion, and environmental commitment among hotel employees. It also assessed managerial support as an alleviator of these negative outcomes. To that end, this research conducted a quantitative approach and used a self-reported questionnaire survey among employees and supervisors in green hotels. Based on valid replies from 419 participants from Small- and Medium-Sized Hotels (SMSH), we conduct Structural Equation Modelling (SEM) with Smart PLS 4.0. The results revealed that GIWB exerted positive effects on employees perceived greenwashing, green work exhaustion, and environmental commitment. The results also underscored the salient role of management support in alleviating the negative effects of GIWB on these outcomes’ perceived greenwashing and green work exhaustion. This study addressed a notable gap in knowledge and provides some valuable suggestions to avert the paradoxical effects of GIWB, leading to better organizational sustainable performance. Full article
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18 pages, 953 KB  
Article
Digital Competencies, Human Resource Management, and Culture as Strategic Drivers of Sustainable Digital Transformation in SMEs of Lima
by Lorena Espina-Romero, Raúl Marcelo Ferrer-Dávalos, Doile Rios Parra, Jorge Izaguirre Olmedo and Renee Sarmiento
Adm. Sci. 2026, 16(1), 3; https://doi.org/10.3390/admsci16010003 - 22 Dec 2025
Viewed by 1797
Abstract
This study examines how digital competencies, digital human resource management, and organizational culture influence the digital transformation of small and medium-sized enterprises (SMEs) in Lima, Peru. A quantitative, non-experimental, cross-sectional approach was applied to a sample of 307 entrepreneurs and managers through a [...] Read more.
This study examines how digital competencies, digital human resource management, and organizational culture influence the digital transformation of small and medium-sized enterprises (SMEs) in Lima, Peru. A quantitative, non-experimental, cross-sectional approach was applied to a sample of 307 entrepreneurs and managers through a structured questionnaire. Data were analyzed using partial least squares structural equation modeling (PLS-SEM) with SmartPLS 4. Findings indicate that digital competencies significantly affect both digital human resource management and digital transformation, explaining a substantial share of their variance. In addition, digital human resource management exerts a direct effect on organizational culture and digital transformation, highlighting its strategic role as a bridge between digital skills and organizational adaptation. In contrast, digital transformation and digital competencies show no direct effects on organizational culture, suggesting that cultural change occurs mainly through HR digitalization. The study concludes that aligning digital competencies with human-centered strategies is essential to foster sustainability and competitiveness in SMEs within emerging economies. Full article
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19 pages, 2058 KB  
Article
From Informality to Formality: The Interplay of Economic Motivation, Future Intention, and Behavioral Control in Entrepreneurial Transitioning
by Adebanji Adejuwon William Ayeni
Adm. Sci. 2025, 15(11), 451; https://doi.org/10.3390/admsci15110451 - 18 Nov 2025
Cited by 1 | Viewed by 1210
Abstract
Informal entrepreneurship is a pervasive feature of developing economies, yet the psychological drivers of the transition to formal entrepreneurship remain poorly understood. Grounded in the Theory of Planned Behaviour, this research investigates the mediating role of behavioural control in the relationship between economic [...] Read more.
Informal entrepreneurship is a pervasive feature of developing economies, yet the psychological drivers of the transition to formal entrepreneurship remain poorly understood. Grounded in the Theory of Planned Behaviour, this research investigates the mediating role of behavioural control in the relationship between economic motivation and future intentions’ transition to formalisation among informal entrepreneurs in Nigeria. Using a cross-sectional survey design, primary data were collected from 544 informal electronics entrepreneurs across six major marketplaces in South-West Nigeria. The data were analysed using structural equation modelling in the PLS 4 software. The findings showed that behavioural control significantly and substantially mediates the positive direct effect of economic motivation on formalisation intention. This indicates that informal entrepreneurs are more likely to translate financial aspirations into concrete plans for formalisation when they possess a strong belief in their own capabilities to navigate the process successfully. Consequently, we conclude that effective policy must move beyond purely financial incentives to embrace strategies that build entrepreneurial skills, simplify regulatory procedures, and enhance the self-efficacy of informal entrepreneurs, thereby empowering them to confidently transition into the formal economy. Full article
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