Cover for Trust - Creating the Foundation for Entrepreneurship in Developing Countries

Trust - Creating the Foundation for Entrepreneurship in Developing Countries

Tarun Khanna

Summary

In the context of developing economies, the question of how entrepreneurship can thrive despite weak or incomplete institutions is of paramount importance. Tarun Khanna, an eminent scholar and practitioner, explores the pivotal role that trust plays in enabling business ventures where traditional frameworks such as robust legal systems, transparent financial markets, and enforceable contracts may be absent or unreliable. This book investigates the nuanced ways in which local entrepreneurs, investors, and communities create and sustain trust, effectively filling institutional gaps and fostering an environment where innovation and enterprise can take root.