Culture versus Branch? Looking at Trust and Entrepreneurial Behaviour from a Cultural and Sectoral Perspective

Welter, Friederike

doi:10.4337/9781845428099.00011

Cited by 7 publications

(6 citation statements)

References 21 publications

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“…Entrepreneurship is shaped by the formal and informal institutions that support market exchange (Aldrich, 1999; North, 1990; Smallbone and Welter, 2001, 2012; Thornton et al, 2011; Webb et al, 2009; Welter, 2005). Formal institutions such as courts ensure compliance with contractual relationships (Akimova and Schwodiauer, 2005; Fafchamps, 1996, 2004).…”

Section: Contexts Of Weak Legal and State-backed Institutionsmentioning

confidence: 99%

‘We don’t deal with courts’: Cooperation and alternative institutions shaping exporting relationships of small and medium-sized enterprises in Ghana

Amoako

Lyon

2013

International Small Business Journal

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Through an investigation of small and medium sized enterprises (SMEs) exporting in contexts which lack a formalised institutional environment in a less developed country, this article shows how entrepreneurs cope with institutional deficiency. By drawing on an analysis of 12 SMEs exporting from Ghana to other West African countries, the findings reveal how entrepreneurs and their organisations avoid recourse to the courts and instead, use culturally specific relationships to settle disputes when exporting. Institutional forms operating in parallel to the formal legal system are examined. These are shown to be hybrid forms drawing on traditional cultural institutions such as chieftaincy and religion, combined with forms of corporations and cooperatives. Assumptions around the different roles of family and kinship also are explored. The study contributes to the ongoing development of a theoretical understanding on trust and relationship building in international entrepreneurship, and the importance of understanding cultural context.

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Section: Contexts Of Weak Legal and State-backed Institutionsmentioning

confidence: 99%

‘We don’t deal with courts’: Cooperation and alternative institutions shaping exporting relationships of small and medium-sized enterprises in Ghana

Amoako

Lyon

2013

International Small Business Journal

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“…For example, personal and collective trust overlap in terms of trust objects and trust sources; communities and organisations consist of people and relationships between people therefore, personal trust can foster collective trust; and competencies which foster personal trust at micro level are reflected in reputation and recommendations which in turn influence collective trust at the meso level. Collective and institutional trust has similar sources: conventions at the meso level, for example within a profession or industry, are informal; and culturally-based rules, in this case the culture of a profession or industry (Welter, 2005a). Institutional trust is both an object and a source for collective as well as personal trust (Nooteboom, 2002: 8).…”

Section: What Is Trust? Exploring the Nature Of Trustmentioning

confidence: 99%

All you need is trust? A critical review of the trust and entrepreneurship literature

Welter

2012

International Small Business Journal: Researching Entrepreneurs

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This article critically reviews the literature pertaining to trust and entrepreneurship, highlighting the diversity and complexity of this construct. In addition, the interdependency of trust with context, as well as its dual nature in relation to control and as a sanctioning mechanism, is explored. Trust can be both a dispositional and a behavioural outcome; ‘genuine’ (personal) trust, sanctions and control coexist and co-evolve within and across different contexts. Trust influences entrepreneurship, not always positively, but entrepreneurial behaviour also has an impact on levels of personal and institutional trust. Future studies of trust and entrepreneurship need to acknowledge the bright and dark sides of trust, its duality and the different contexts in which it occurs. Ultimately, we need to develop a far more critical analysis of the importance and role of trust in the context of entrepreneurship.

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“…Dieses Faktum spielt bei der Beantwortung unserer zentralen Forschungsfrage, warum es unterschiedlichen Herkunftsgruppen in Wien die Präsenz selbständiger Erwerbstätigkeit so stark differiert, eine entscheidende Rolle. Dass der ethnische Faktor dennoch eine gewisse Rolle spielt, belegen die Analysen von Lamadem (1995), Welter (2005), Pütz et al (2007), Sahin et al (2007), Wang (2008) und Yavuzcan (2003.…”

Section: Theoretische Und Konzeptionelle Grundlagenunclassified

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Kilic¹

2022

ISR_FB

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Culture versus Branch? Looking at Trust and Entrepreneurial Behaviour from a Cultural and Sectoral Perspective

Cited by 7 publications

References 21 publications

‘We don’t deal with courts’: Cooperation and alternative institutions shaping exporting relationships of small and medium-sized enterprises in Ghana

‘We don’t deal with courts’: Cooperation and alternative institutions shaping exporting relationships of small and medium-sized enterprises in Ghana

All you need is trust? A critical review of the trust and entrepreneurship literature

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