This article concentrates on the increasingly significant trust concept from the management perspective. It is also discussed its place in the New Economy in comparison with other ideal typical forms of organizations and coordinating mechanisms: market/price, hierarchy/authority. Moreover, the conceptualization of the new management idea is advanced - trust management also known as trust by management or trust-based management.
Financed by the National Centre for Research and Development under grant No. SP/I/1/77065/10 by the strategic scientific research and experimental development program:
SYNAT - “Interdisciplinary System for Interactive Scientific and Scientific-Technical Information”.