The Economic Consequences of Trust and Distrust in Knowledge-Intensive Organizations

Studies measuring workplace trust in connection with leadership style and leader responsibility have become more and more important in recent years. Interest in the subject has been rising along with the recent introduction of knowledge management systems (KMSs), which has shown to be one of the mos...

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Main Authors: Andrea Bencsik, Maria Jakubik, Timea Juhasz
Format: Article
Language:English
Published: Tomas Bata University in Zlín 2020-09-01
Series:Journal of Competitiveness
Subjects:
Online Access:https://www.cjournal.cz/index.php?hid=clanek&bid=archiv&cid=373&cp=
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author Andrea Bencsik
Maria Jakubik
Timea Juhasz
author_facet Andrea Bencsik
Maria Jakubik
Timea Juhasz
author_sort Andrea Bencsik
collection DOAJ
description Studies measuring workplace trust in connection with leadership style and leader responsibility have become more and more important in recent years. Interest in the subject has been rising along with the recent introduction of knowledge management systems (KMSs), which has shown to be one of the most important factors of competitiveness. The aim of this research was to examine to what extent leaders of organizations are concerned about the presence of trust and/ or distrust, as well as about the economic consequences of trust and distrust. It also focused on solutions used in KMSs in knowledge-intensive organizations. Based on a model developed by the authors, the significance of a trust-based culture was examined from the viewpoint of economic consequences. Situations were analyzed in which, despite the existence of all knowledgerelated preferences, managers were not concerned about the economic consequences of trust or distrust. To test the system of relations in the model, a questionnaire survey was conducted in two neighboring European countries with different cultures. It has been found out that in most cases, there is a need for the building and/or use of a KMS at a strategic level. Appropriate tools are also used at an operative level (often spontaneously). However, trust as a general cultural prerequisite is often lacking. Businesses do not seem concerned about the consequences of trust and distrust, as related economic impacts are rarely quantified.
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spelling doaj.art-05144e754910494098a60d8a884ab9ea2022-12-21T19:13:45ZengTomas Bata University in ZlínJournal of Competitiveness1804-171X1804-17282020-09-01123284610.7441/joc.2020.03.02The Economic Consequences of Trust and Distrust in Knowledge-Intensive OrganizationsAndrea Bencsik0https://orcid.org/0000-0001-8204-3706Maria Jakubik1Timea Juhasz2https://orcid.org/0000-0001-5386-0678J. Selye University, University of Pannonia, Faculty of Economics and Informatics, Faculty of Business and EconomicsRonin Institute MontclairBudapest Business School, Faculty of International Management and BusinessStudies measuring workplace trust in connection with leadership style and leader responsibility have become more and more important in recent years. Interest in the subject has been rising along with the recent introduction of knowledge management systems (KMSs), which has shown to be one of the most important factors of competitiveness. The aim of this research was to examine to what extent leaders of organizations are concerned about the presence of trust and/ or distrust, as well as about the economic consequences of trust and distrust. It also focused on solutions used in KMSs in knowledge-intensive organizations. Based on a model developed by the authors, the significance of a trust-based culture was examined from the viewpoint of economic consequences. Situations were analyzed in which, despite the existence of all knowledgerelated preferences, managers were not concerned about the economic consequences of trust or distrust. To test the system of relations in the model, a questionnaire survey was conducted in two neighboring European countries with different cultures. It has been found out that in most cases, there is a need for the building and/or use of a KMS at a strategic level. Appropriate tools are also used at an operative level (often spontaneously). However, trust as a general cultural prerequisite is often lacking. Businesses do not seem concerned about the consequences of trust and distrust, as related economic impacts are rarely quantified.https://www.cjournal.cz/index.php?hid=clanek&bid=archiv&cid=373&cp=competitivenessfinancial consequencesknowledge-intensive smesknowledge managementtrust and distrust
spellingShingle Andrea Bencsik
Maria Jakubik
Timea Juhasz
The Economic Consequences of Trust and Distrust in Knowledge-Intensive Organizations
Journal of Competitiveness
competitiveness
financial consequences
knowledge-intensive smes
knowledge management
trust and distrust
title The Economic Consequences of Trust and Distrust in Knowledge-Intensive Organizations
title_full The Economic Consequences of Trust and Distrust in Knowledge-Intensive Organizations
title_fullStr The Economic Consequences of Trust and Distrust in Knowledge-Intensive Organizations
title_full_unstemmed The Economic Consequences of Trust and Distrust in Knowledge-Intensive Organizations
title_short The Economic Consequences of Trust and Distrust in Knowledge-Intensive Organizations
title_sort economic consequences of trust and distrust in knowledge intensive organizations
topic competitiveness
financial consequences
knowledge-intensive smes
knowledge management
trust and distrust
url https://www.cjournal.cz/index.php?hid=clanek&bid=archiv&cid=373&cp=
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