“…In the field of sociology, previous research focused on explaining what trust is, the types or targets of trust, the functions of trust, the foundations of trust, the mechanism of creating or destroying trust, the origins, determinants and outcomes of trust and social capital (e.g., Fukuyama, 1995 ; Putnam, 1995 ; Sztompka, 2003 ). Researchers in psychology and social psychology have investigated whether trust is an individual disposition or a psychological state to accept vulnerability based on expectations of the behavior of others, whether trust is a personality trait and how trust judgements are made and its dynamics using game theories (e.g., Rousseau et al, 1998 ; Evans and Revelle, 2008 ; Freitag and Bauer, 2016 ; Liu and Chen, 2022 ). Meanwhile, studies from economics, management and political sciences have focused on institutional trust reflecting the functioning of the overall political legal and economic framework as well as its informal institutions and tries to answer what generates trust in a state/ institution/ organization or what a trustworthy state/institution/organization represents (e.g., Hardin, 2002 ; Warren, 2004 ; Welter and Smallbone, 2006 ).…”