Institutional entrepreneurial orientation: Beyond setting the rules of the game for blockchain technology

【Author】 Cowden, Birton; Tang, Jintong

【Source】TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE

【影响因子】10.884

【Abstract】Regulations keep evolving on currency-based blockchain technology, making it difficult for entrepreneurs within this realm to find a home. Going beyond temporal regulations and traditional metrics to help entrepreneurs evaluate formal institutional environments, we apply and extend the theoretical framework of entrepreneurial orientation (EO) to the institutional level (termed institutional EO) to index an institution's innovativeness, proactiveness, and risk-taking towards blockchain technology. Evaluating a country's institutional EO allows entrepreneurs to understand how embedded the institution is within a certain technology (in this case blockchain technology), which in turn, signals to entrepreneurs longer-term havens in which to locate to develop and commercialize the technology.

【Keywords】Entrepreneurs; Institutions; Institutional entrepreneurial orientation; Blockchain; Cryptocurrency

【发表时间】2022 JUL

【收录时间】2022-08-15

【文献类型】理论模型

【主题类别】

区块链治理-市场治理-市场分析