IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Trust and its Impersonal Nature

Trust and its Impersonal Nature
View Sample PDF
Author(s): Miia Kosonen (Lappeenranta University of Technology, Finland), Kirsimarja Blomqvist (Lappeenranta University of Technology, Finland)and Riikka Ellonen (Lappeenranta University of Technology, Finland)
Copyright: 2008
Pages: 8
Source title: Encyclopedia of Networked and Virtual Organizations
Source Author(s)/Editor(s): Goran D. Putnik (University of Minho, Portugal)and Maria Manuela Cruz-Cunha (Polytechnic Institute of Cavado and Ave, Portugal)
DOI: 10.4018/978-1-59904-885-7.ch222

Purchase

View Trust and its Impersonal Nature on the publisher's website for pricing and purchasing information.

Abstract

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).

Related Content

K. Muthamil Sudar. © 2027. 26 pages.
Indranil Saha, Anuva Aggarwal, Taher Aurangabadi, Zeesha Mishra. © 2027. 36 pages.
Qais Al-Na'amneh. © 2027. 24 pages.
Zeesha Mishra, Dhruvika Bansal, Garvit Bajaj. © 2027. 42 pages.
Amrutha Kolhar, Sridevi. © 2027. 32 pages.
Jorge A. Ruiz-Vanoye, Ocotlán Díaz-Parra, Jaime Aguilar-Ortiz, Francisco R. Trejo-Macotela, Eric Simancas-Acevedo. © 2027. 38 pages.
Semila Fernandes, Anshul Dhunna. © 2027. 40 pages.
Body Bottom