Trust building and entrepreneurial behaviour in a distrusting environment: A longitudinal study from Bangladesh

Jeroen Maas*, Marjolein B M Zweekhorst, J.G.F. Bunders-Aelen

*Corresponding author for this work

Research output: Contribution to JournalArticleAcademicpeer-review

Abstract

It has been widely argued that trust plays a key role in building entrepreneurial networks and entrepreneurial success. Despite this interest, there are still very few longitudinal empirical studies on trust building. This study shows how nascent entrepreneurs develop trust and entrepreneurial networks in poor rural Bangladeshi environments, and how they use both for entrepreneurial transactions. Data were obtained through longitudinal monitoring, questionnaires and interviews over a two year period. Using the framework of Lewicki et al. (1998) that considers trust and distrust to be separate, co-existing dimensions, this study shows how sustainable entrepreneurial relations, requiring interpersonal trust, can evolve in an initially distrusting environment - and explains why this process follows a particular sequence of events. We found that an external trust broker played a crucial role in trust building. Four domains of trust that play a role in entrepreneurial relations were identified, with thresholds in each domain that need to be reached for progress to the next.

Original languageEnglish
Pages (from-to)75-96
Number of pages22
JournalInternational journal of business and globalisation
Volume14
Issue number1
DOIs
Publication statusPublished - 1 Jan 2015

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Keywords

  • Bangladesh
  • Developing countries
  • Developing country
  • Domains of trust
  • Entrepreneur
  • Entrepreneurship
  • Network
  • NGO
  • Non-governmental organisation
  • Poor
  • Resource constrained setting
  • Trust broker
  • Trust building
  • Trust development
  • Trust dimension
  • Trust domain

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