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Institutions Influencing Trust Development in Entrepreneurial Relationships in Africa

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Book cover Trust, Institutions and Managing Entrepreneurial Relationships in Africa

Part of the book series: Palgrave Studies of Entrepreneurship in Africa ((PSEA))

Abstract

This chapter draws on the literature and empirical data to present a framework that shows the institutions that provide the logics that influence trust development in entrepreneurial relationships in Africa. The framework shows the logics of indigenous cultural institutions that have their origins in African societies and enable trust development in entrepreneurial relationships. These cultural institutions run side by side with state and market institutions and may substitute for or complement the weak formal institutions to enhance trust development. Yet, there is very little knowledge and understanding of the processes through which the indigenous cultural institutions facilitate trust development in entrepreneurship in Africa. This chapter provides insights into the nature and role of indigenous institutions in entrepreneurial behaviour in Africa.

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Amoako, I.O. (2019). Institutions Influencing Trust Development in Entrepreneurial Relationships in Africa. In: Trust, Institutions and Managing Entrepreneurial Relationships in Africa. Palgrave Studies of Entrepreneurship in Africa. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-98395-0_4

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