Level of trust and confidence of companies in contractors and business partners vs. the level of innovation
Level of trust and confidence of companies in contractors and business partners vs. the level of innovation

Summary/Abstract: The purpose of this article is to determine the impact of the degree of confidenceof companies in contractors and business partners on the level of innovativeness of thosecompanies. The research included also the analysis of the capacity to build and enhancesocial capital in the context of respecting values and norms applied by “ethical companies”.The research was also supplemented with a statistical analysis of data collected within thesurvey carried out in 2012 by the Statistical Office in Lublin. According to the researchdiscussed in this article, the level of trust and confidence of companies in contractors andbusiness partners has a positive impact on innovative potential of companies. Analysisof literature showed that respecting values and norms applied by “ethical companies”improves the capacity to build and enhance social capital in the economy. The resultsshow that the analysed problem is essential for the practice of functioning of not onlyregional, but also domestic economy. Given that, it is worth to carry out research in thatarea in future.

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