Trust in Knowledge-Based Organizations

Abstract

The knowledge-based society of the 21st century is characterized by knowledge generation as the primary source of wealth and social well-being. As partly intangible in nature, increased understanding of knowledge and information as a resource is critical (Sveiby, 1996; Teece, 1998). Such intangibles are gradually replacing traditional elements of power in states (Rosecrance, 1999), also emphasizing the role of trust in the positive aspect of economic globalization.