The importance of trust for partnership and collaboration in volatile economic conditions

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dc.authorid0000-0003-2736-4448
dc.contributor.authorGür, Nurullah
dc.contributor.authorAlayoğlu, Nihat
dc.date.accessioned10.07.201910:49:13
dc.date.accessioned2019-07-10T19:56:07Z
dc.date.available10.07.201910:49:13
dc.date.available2019-07-10T19:56:07Z
dc.date.issued2017
dc.departmentİstanbul Medipol Üniversitesi, İşletme ve Yönetim Bilimleri Fakültesi, Ekonomi ve Finans Bölümü
dc.departmentİstanbul Medipol Üniversitesi, İşletme ve Yönetim Bilimleri Fakültesi, İnsan Kaynakları Yönetimi Bölümü
dc.descriptionWOS: 000415645900012
dc.description.abstractVolatile economic conditions are painful for most firms. Firms struggle to survive when market demand is sluggish, uncertainties are high, and credit conditions are tight. Therefore, maintaining and strengthening partnerships, retaining existing customers or finding new ones through innovation, and finding external finance are extremely vital to keep firms alive during volatile economic conditions. In this chapter we argue that trust plays a key role in protecting strong relationships with partners, customers, suppliers, and other actors or when developing new relationships. Trust might help to protect partnerships and establish collaborative relationships by mitigating asymmetric information and free-rider problems, allowing for more open and honest information sharing and restraining opportunistic behaviour.
dc.identifier.citationGür, N. ve Alayoğlu, N. (2017). The importance of trust for partnership and collaboration in volatile economic conditions. Global Business Strategies in Crisis: Strategic Thinking and Development içinde (139-150. ss.). Springer International Publishing Ag. https://dx.doi.org/10.1007/978-3-319-44591-5_10
dc.identifier.doi10.1007/978-3-319-44591-5_10
dc.identifier.doi10.1007/978-3-319-44591-5
dc.identifier.endpage150
dc.identifier.isbn9783319445915
dc.identifier.isbn9783319445908
dc.identifier.issn1431-1941
dc.identifier.scopusqualityN/A
dc.identifier.startpage139
dc.identifier.urihttps://dx.doi.org/10.1007/978-3-319-44591-5_10
dc.identifier.urihttps://dx.doi.org/10.1007/978-3-319-44591-5
dc.identifier.urihttps://hdl.handle.net/20.500.12511/2579
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherSpringer International Publishing Ag
dc.relation.ispartofGlobal Business Strategies in Crisis: Strategic Thinking and Developmenten_US
dc.relation.ispartofseriesContributions to Management Science
dc.relation.publicationcategoryKitap Bölümü - Uluslararası
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.titleThe importance of trust for partnership and collaboration in volatile economic conditions
dc.typeBook Chapter

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