@article{1463192,
      recid = {1463192},
      author = {Omeihe, Kingsley Obi ,},
      title = {Trust and market institutions in Africa : exploring the  role of trust-building in African entrepreneurship /},
      pages = {1 online resource :},
      abstract = {This book places special focus on the importance of trust  building, particularly in economies where formal legal  arrangements are lacking. Taking the case of Africa, the  author provides a framework of how indigenous institutions  specify and define the rules, thereby allowing  entrepreneurship to thrive. In particular, the book delves  into the distinct evidence of institutional rivalry within  Africa where competing institutions co-exist, leading to  the emergence of dominant hybrid institutional forms. By  placing enforcements at the heart of the issue, the author  makes a convincing case for trust in a range of indigenous  institutional arrangements. Based on an investigation of  entrepreneurs operating across West Africa, the book  explores how indigenous arrangements are sufficient in  enforcing credible commitments to agreements. In the  process, the author argues that trust is essential in  stimulating entrepreneurial incentives in Africa. The book  brings the real-world situation of local actors in live  situations that almost every African entrepreneur can  identify with. In a bold new step, the book attempts to  show how African entrepreneurs have been able to respond to  the specific socio-economic challenges of their environment  and raises questions about the role of alternative  indigenous institutions. For those interested in African  studies, the books chapters and readings capture fresh  insights and renewed enthusiasm for African  entrepreneurship. Kingsley Omeihe is Head of Business  Management at the University of Aberdeen. He is the  President of the Academy for African Studies and Chair of  African Studies at the British Academy of Management (BAM).  He also serves as Chair of the Entrepreneurship in Minority  Groups at the Institute for Small Business and  Entrepreneurship (ISBE) and Head of macroeconomics at the  Marcel House. His research interest in economic sociology  examines the role of networks and norms in the emergence of  economic institutions. This includes examining the  reflexive basis of reputation in multiplex networks,  identifying the sources of trust in low-trust societies and  their sources of cooperation.},
      url = {http://library.usi.edu/record/1463192},
      doi = {https://doi.org/10.1007/978-3-031-06216-2},
}