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Entrepreneurship as Trust.

Authors :
Mickiewicz, Tomasz
Rebmann, Anna
Source :
Foundations & Trends in Entrepreneurship; 2020, Vol. 16 Issue 3, p244-309, 66p
Publication Year :
2020

Abstract

Trust is a critical component of our relationship with others. It forms a basis of not only social relations but also economic ones. Trust is necessarily linked to entrepreneurship because it is useful in conditions of uncertainty. An entrepreneur needs to gain trust of others who cannot obtain full knowledge on what is being introduced to the market as well trust others such as partners, employees and suppliers to deliver on promises. This study aims to examine the role of trust in entrepreneurship. After reviewing the conceptualisation of trust, we argue that trust should be seen in the context of a wider-set of entrepreneurship-supporting values. We then explore different types of trust and their role in entrepreneurship, moving from particular trust to extended trust, ending with a discussion on how new technology is enabling entrepreneurs to create a new form of distributed trust between strangers. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
15513114
Volume :
16
Issue :
3
Database :
Complementary Index
Journal :
Foundations & Trends in Entrepreneurship
Publication Type :
Academic Journal
Accession number :
141543283
Full Text :
https://doi.org/10.1561/0300000088