Can trust foster new business formation?
(2018) SGED10 20181Department of Human Geography
- Abstract (Swedish)
- Trust in its common meaning is a way for individuals to predict the actions of other individuals. This fundamental concept is valued and used differently in different societies. However, there have been many scientific works that tried to investigate and categorize this concept in a way that can be used in social sciences.In this paper a motivation will be given for the trust to be represented as an informal institution. The economic impact of the informal institutions is often understudied in the scientific literature, when compared to the formal institutions.This paper aims to investigate how theformalized trust is connected to the rateat whichthe new businesses are created in various countries. This rate is an interesting indicator of... (More)
- Trust in its common meaning is a way for individuals to predict the actions of other individuals. This fundamental concept is valued and used differently in different societies. However, there have been many scientific works that tried to investigate and categorize this concept in a way that can be used in social sciences.In this paper a motivation will be given for the trust to be represented as an informal institution. The economic impact of the informal institutions is often understudied in the scientific literature, when compared to the formal institutions.This paper aims to investigate how theformalized trust is connected to the rateat whichthe new businesses are created in various countries. This rate is an interesting indicator of the economic growth, especially when it comes to the developing countries. Naturally, one cannot disregard the environmental factors that affect this rate, such as the way the government functions or the way the governmental institutions are perceived by the people inhabiting these countries.The formal institutions will be given some attention in this thesis, however,the primary focus of this work isthe effects of trust acting as a form of informal institutions. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/8945389
- author
- lo, Kai Yu LU
- supervisor
- organization
- course
- SGED10 20181
- year
- 2018
- type
- M2 - Bachelor Degree
- subject
- language
- English
- id
- 8945389
- date added to LUP
- 2020-02-07 14:40:25
- date last changed
- 2020-02-07 14:40:25
@misc{8945389, abstract = {{Trust in its common meaning is a way for individuals to predict the actions of other individuals. This fundamental concept is valued and used differently in different societies. However, there have been many scientific works that tried to investigate and categorize this concept in a way that can be used in social sciences.In this paper a motivation will be given for the trust to be represented as an informal institution. The economic impact of the informal institutions is often understudied in the scientific literature, when compared to the formal institutions.This paper aims to investigate how theformalized trust is connected to the rateat whichthe new businesses are created in various countries. This rate is an interesting indicator of the economic growth, especially when it comes to the developing countries. Naturally, one cannot disregard the environmental factors that affect this rate, such as the way the government functions or the way the governmental institutions are perceived by the people inhabiting these countries.The formal institutions will be given some attention in this thesis, however,the primary focus of this work isthe effects of trust acting as a form of informal institutions.}}, author = {{lo, Kai Yu}}, language = {{eng}}, note = {{Student Paper}}, title = {{Can trust foster new business formation?}}, year = {{2018}}, }