Trust and its Impersonal Nature
2011 ◽
pp. 1683-1690
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Keyword(s):
In the knowledge-based network economy, trust is becoming an increasingly important issue. Both economists (Arrow, 1974) and sociologists (Luhmann, 1979) have pointed at the role of trust as a lubricant in managing uncertainty, complexity, and related risks. Trust reduces transaction costs, and increases spontaneous sociability (see Creed & Miles, 1996; Kramer, 1999). Trust can also have a critical role in enhancing knowledge creation and transfer within the organizational context (Kogut & Zander, 1992; Grant, 1996). Trust is an intriguing and paradoxical issue: in the modern society we need trust more than ever, yet we have less natural opportunities for trust to evolve (Lahno, 2002; Blomqvist, 2005).
2019 ◽
Vol 22
(1)
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pp. 282-302
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Keyword(s):
Entrepreneurial orientation and firm performance in a sanctioned economy – does the CEO play a role?
2020 ◽
Vol 27
(6)
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pp. 1005-1027
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