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Institutions Shaping Trust in African Entrepreneurship

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Trust and Market Institutions in Africa

Part of the book series: Palgrave Studies of Entrepreneurship in Africa ((PSEA))

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Abstract

Considering Africa’s fascinating but difficult institutional contexts, where the core of its legal systems are inefficient, police force ineffective and minimal banking infrastructures, the rapid growth of African entrepreneurship remains a feat of ingenuity. Existing weak institutional structures indicate a limited usage of legally binding entrepreneurial contracts, which is not conducive for entrepreneurship. In coping with such institutional deficiencies, African entrepreneurs have found novel ways to navigate the systemic challenges.

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Authors and Affiliations

  1. Centre for African Research on Enterprise and Economic Development , University of the West of Scotland , Paisley, UK

    Kingsley Obi Omeihe

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  1. Kingsley Obi Omeihe
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Omeihe, K.O. (2023). Institutions Shaping Trust in African Entrepreneurship. In: Trust and Market Institutions in Africa. Palgrave Studies of Entrepreneurship in Africa. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-06216-2_4

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