Skip to main content

LUP Student Papers

LUND UNIVERSITY LIBRARIES

Can trust foster new business formation?

lo, Kai Yu LU (2018) SGED10 20181
Department 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:
author
lo, Kai Yu LU
supervisor
organization
course
SGED10 20181
year
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}},
}