Arbeitspapier

Intrapreneurship and trust

Trust and entrepreneurship are seen as key ingredients of long-term prosperity. However, it is not clear how these two are related. Part of the confusion can be traced back to the measurement of entrepreneurship, biased towards independent entrepreneurship (self-employed and new firms), and excluding entrepreneurship within established organizations. We shed new light on the relationship between trust and entrepreneurship, by proposing two mechanisms relating trust to entrepreneurship by employees, so-called intrapreneurship. We hypothesize that generalized trust influences the prevalence of intrapreneurship in an economy, and the allocation of entrepreneurial talents between independent entrepreneurship and intrapreneurship, through two mechanisms. First, generalized trust may substitute for complete contracts as a means of organizing labor in society, enabling a level of job autonomy in organizations necessary for intrapreneurship to flourish. Second, by way of its influence on the size and scope of the welfare state, generalized trust may increase the benefits of employment relative to self-employment, causing entrepreneurial individuals to elect to be intrapreneurs rather than independent entrepreneurs. Using a novel dataset, we find support for these hypotheses in a cross-country regression model covering the time period 2011-2017.

Sprache
Englisch

Erschienen in
Series: IFN Working Paper ; No. 1280

Klassifikation
Wirtschaft
Fiscal Policies and Behavior of Economic Agents: General
Demand and Supply of Labor: General
Labor Standards: Workers' Rights
Entrepreneurship
New Firms; Startups
Microeconomic Analyses of Economic Development
Innovation and Invention: Processes and Incentives
Institutions and Growth
Comparative Studies of Countries
Thema
Trust
Intrapreneurship
Entrepreneurship
Entrepreneurial behavior
Institutions
Job autonomy
Welfare state

Ereignis
Geistige Schöpfung
(wer)
Elert, Niklas
Stam, Erik
Stenkula, Mikael
Ereignis
Veröffentlichung
(wer)
Research Institute of Industrial Economics (IFN)
(wo)
Stockholm
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Elert, Niklas
  • Stam, Erik
  • Stenkula, Mikael
  • Research Institute of Industrial Economics (IFN)

Entstanden

  • 2019

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