Blockchains: Strategic Implications for Contracting, Trust, and Organizational Design

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Wenqian Wang (Purdue University, Indiana) Fabrice Lumineau (The University of Hong Kong)

Blockchains

Strategic Implications for Contracting, Trust, and Organizational Design

Wenqian Wang (Purdue University, Indiana), Fabrice Lumineau (The University of Hong Kong), Oliver Schilke (University of Arizona)

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English

Cambridge University Press
06 October 2022

Business studies: general; Business strategy; Business innovation; Distributed databases

Series: Elements in Business Strategy

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.

By: Wenqian Wang (Purdue University Indiana), Fabrice Lumineau (The University of Hong Kong), Oliver Schilke (University of Arizona)
Imprint: Cambridge University Press
Country of Publication: United Kingdom
Dimensions: Height: 229mm, Width: 152mm, Spine: 4mm
Weight: 639g
ISBN: 9781009060738
ISBN 10: 1009060732
Series: Elements in Business Strategy
Pages: 75
Publication Date: 06 October 2022
Audience: College/higher education , Primary
Format: Paperback
Publisher's Status: Active

1. Introduction; 2. Blockchain fundamentals and features; 3. Extant Knowledge from management research; 4. Blockchains as a new way of organizing; 5. Critiques and pitfalls; 6. Conclusions and implications; References.

Reviews for Blockchains: Strategic Implications for Contracting, Trust, and Organizational Design

'Blockchains fills a gap in the literature by providing a comprehensive treatment of blockchains as collaborative tools. Wang, Lumineau, and Schilke have helped to grant intellectual territory to blockchains. The book can be an authoritative resource for future research, particularly for social scientists who are interested in studying new digital technologies but who may be intimidated by their complexity.' Simone Santoni, Administrative Science Quarterly