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Trust and Innovation: from Spin‐Off Idea to Stock Exchange
Author(s) -
Kohtamäki Marko,
Kekäle Tauno,
Viitala Riitta
Publication year - 2004
Publication title -
creativity and innovation management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.148
H-Index - 60
eISSN - 1467-8691
pISSN - 0963-1690
DOI - 10.1111/j.0963-1690.2004.00296.x
Subject(s) - situational ethics , business , stock exchange , empirical evidence , context (archaeology) , marketing , knowledge management , empirical research , process (computing) , key (lock) , psychology , social psychology , computer science , epistemology , finance , paleontology , philosophy , biology , operating system , computer security
Trust among entrepreneurs, their co‐workers and between the entrepreneurs and their business partners plays a key role in the early stages of formation of a new company. In this piece of research, trust is defined as a belief consisting of eight trusting beliefs, emphasising the rational consideration between these beliefs and other situational factors. The concept of trust is developed through objects, mechanisms and antecedents. The present paper is an empirical exploration of these phenomena in the context of innovativeness in a high‐tech company. The goal is to describe the role, content and impact of trust at the different stages of a business evolution process.