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dc.contributor.authorLumineau, Fabrice
dc.contributor.authorWang, Wenqian
dc.contributor.authorSchilke, Oliver
dc.date.accessioned2021-05-14T01:04:07Z
dc.date.available2021-05-14T01:04:07Z
dc.date.issued2021-03
dc.identifier.citationFabrice Lumineau, Wenqian Wang, Oliver Schilke Blockchain Governance—A New Way of Organizing Collaborations?. Organization Science 32 (2) 500-521.en_US
dc.identifier.issn1047-7039
dc.identifier.doi10.1287/orsc.2020.1379
dc.identifier.urihttp://hdl.handle.net/10150/658296
dc.description.abstractThe recent emergence of blockchains may be considered a critical turning point in organizing collaborations. We outline the historical background and the fundamental features of blockchains and present an analysis with a focus on their role as governance mechanisms. Specifically, we argue that blockchains offer a way to enforce agreements and achieve cooperation and coordination that is distinct from both traditional contractual and relational governance as well as from other information technology solutions. We also examine the scope of blockchains as efficient governance mechanisms and highlight the tacitness of the transaction as a key boundary condition. We then discuss how blockchain governance interacts with traditional governance mechanisms in both substitutive and complementary ways. We pay particular attention to blockchains' social implications as well as their inherent challenges and limitations. Our analysis culminates in a research agenda that explores how blockchains may change the way to organize collaborations, including issues of what different types of blockchains may emerge, who is involved and impacted by blockchain governance, why actors may want blockchains, when and where blockchains can be more (versus less) effective, and how blockchains influence a number of important organizational outcomes.en_US
dc.language.isoenen_US
dc.publisherInstitute for Operations Research and the Management Sciences (INFORMS)en_US
dc.rightsCopyright © 2021, INFORMS, under the CC-BY 4.0 license.en_US
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/en_US
dc.subjectBlockchainsen_US
dc.subjectCollaborationen_US
dc.subjectContractual governanceen_US
dc.subjectDigitalizationen_US
dc.subjectRelational governanceen_US
dc.subjectResearch agendaen_US
dc.subjectTechnological innovationen_US
dc.subjectTransaction costsen_US
dc.titleBlockchain Governance—A New Way of Organizing Collaborations?en_US
dc.typeArticleen_US
dc.identifier.eissn1526-5455
dc.contributor.departmentEller College of Management, The University of Arizonaen_US
dc.identifier.journalOrganization Scienceen_US
dc.description.noteOpen access article
dc.description.collectioninformationThis item from the UA Faculty Publications collection is made available by the University of Arizona with support from the University of Arizona Libraries. If you have questions, please contact us at repository@u.library.arizona.edu.en_US
dc.eprint.versionFinal accepted manuscripten_US
dc.identifier.pii10.1287/orsc.2020.1379
dc.source.journaltitleOrganization Science
dc.source.volume32
dc.source.issue2
dc.source.beginpage500
dc.source.endpage521
refterms.dateFOA2021-05-14T01:04:07Z


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Copyright © 2021, INFORMS, under the CC-BY 4.0 license.
Except where otherwise noted, this item's license is described as Copyright © 2021, INFORMS, under the CC-BY 4.0 license.