Trust by Tarun Khanna
Trust by Tarun Khanna
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Book Summary
Trust: Creating the Foundation for Entrepreneurship in Developing Countries explores how trust plays a crucial role in enabling entrepreneurship and economic development, especially in emerging economies. Tarun Khanna examines how weak institutions, fragmented markets, and lack of reliable infrastructure often make it difficult for businesses to grow in developing countries. Using examples from countries like India, China, and Brazil, the book explains how entrepreneurs and organizations build alternative systems of trust—through networks, reputation, and innovation—to overcome institutional gaps. It argues that trust, both social and institutional, is essential for creating sustainable business ecosystems and driving long-term growth.
About the author
Tarun Khanna is an Indian-American academic and professor at Harvard Business School, specializing in international business, emerging markets, and entrepreneurship. His research focuses on how firms and institutions operate in developing economies, particularly in environments where formal systems are weak or evolving. He has written extensively on topics such as innovation, governance, and market development, often bridging academic theory with real-world business practices. Through his work, Khanna has become a leading voice in understanding how trust and networks shape economic progress in emerging markets.
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