UID:
almafu_9960840947702883
Format:
1 online resource (75 pages) :
,
digital, PDF file(s).
Edition:
1st ed.
ISBN:
1-009-07659-0
,
1-009-07678-7
,
1-009-05770-7
Series Statement:
Cambridge elements. Elements in business strategy,
Content:
Blockchains have become increasingly important for organizing contemporary economic and social activities. This Element offers a deeper understanding of blockchains to both management scholars and practitioners, with an emphasis on blockchains' strategic implications for fundamental issues in organizing. It provides a critical examination of the core themes, theoretical lenses, and methodologies used in blockchain research in business and management scholarship. Furthermore, it offers an in-depth discussion of why and how blockchains offer a new way of organizing, providing profound implications for three major issues of strategic organization: contracting, trust, and organizational design. It also discusses several limitations of the technology in its current stage of development. Finally, this Element points to the implication of blockchains on both scholarly research and business practice.
Note:
Title from publisher's bibliographic system (viewed on 09 Sep 2022).
,
Cover -- Title page -- Copyright page -- Blockchains -- Contents -- 1 Introduction -- 2 Blockchain Fundamentals and Features -- 2.1 A Brief History -- 2.2 Definitions -- 2.3 Decentralization -- 2.4 Immutability, Data Integrity, Transparency, and Tokenization -- 2.5 Smart Contracts and Automation -- 3 Extant Knowledge from Management Research -- 3.1 Core Themes in Blockchain Research across Management Disciplines -- 3.2 Theoretical Lenses for Examining Blockchains -- 3.2.1 Transaction Cost Economics -- 3.2.2 Agency Theory -- 3.2.3 Resource-based View -- 3.2.4 Other Theoretical Perspectives -- 3.3 Methodologies and Empirical Evidence -- 4 Blockchains as a New Way of Organizing -- 4.1 Blockchains and Contracting -- 4.1.1 Contracts as the Traditional Mechanism to Govern Collaboration -- 4.1.2 Blockchains as an Alternative Way to Enforce Agreements -- 4.1.3 Implications for Traditional Contracting: Substitutive and Complementary Effects -- 4.2 Blockchains and Trust -- 4.2.1 Change in the Form of Trust -- 4.2.2 Change in the Target of Trust -- 4.3 Blockchains and Organizational Design -- 4.3.1 Organization, Organizing, and Traditional Organizational Forms -- 4.3.2 Towards More Decentralized Organizations? -- 5 Critiques and Pitfalls -- 5.1 Risks of System Failure -- 5.2 Technological Limitations -- 5.3 Challenges to Full Decentralization -- 5.4 The Regulation Paradox and Ethical Issues -- 6 Conclusions and Implications -- 6.1 Managerial Implications -- 6.1.1 A New Strategic Tool for Organizing Collaborations -- 6.1.2 When to Use Blockchains and When to Combine Them with Other Collaboration Approaches -- 6.1.3 Creating New Business Models -- 6.1.4 The Blockchain Implementation Process -- 6.2 Implications for Scholars -- 6.2.1 An Agenda for Blockchain Governance Research -- 6.2.2 An Agenda for Blockchains and Trust Research.
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6.2.3 An Agenda for Blockchains and Organizational Design Research -- 6.3 The Future of Blockchains -- 6.4 Summary -- References -- Acknowledgements.
Additional Edition:
ISBN 9781009060738
Language:
English
URL:
https://doi.org/10.1017/9781009057707
