The Dynamics of Governing Enterprise Blockchain Ecosystems

【Author】 van Haaren-van Duijn, Birgitte; Roca, Jaime Bonnin; Chen, Annie; Romme, A. Georges L.; Weggeman, Mathieu

【Source】ADMINISTRATIVE SCIENCES

【影响因子】0.000

【Abstract】The aim of this paper is to analyze how the governance of an enterprise blockchain ecosystem changes as it matures and increases in size. A review of the literature serves to identify five behavioral drivers of governance, which appear to affect the long-term viability of a blockchain ecosystem: access rights, decision rights, incentives, accountability, and conflict resolution. We subsequently report the findings from a comparative case study of how three large blockchain ecosystems implemented various governance mechanisms to exploit and modify the five behavioral drivers over time. Based on twenty-six interviews and approximately 200 h of participant observations, we propose an analytical framework that consists of three distinctive stages in the life cycle of a blockchain ecosystem. Each stage is characterized by an intricate relationship between off-chain and on-chain governance mechanisms. Based on these findings, various recommendations are provided to increase the long-term viability of blockchain ecosystems.

【Keywords】blockchain; governance; dynamics; ecosystems; case study; behavioral drivers; consensus mechanisms

【发表时间】2022 SEP

【收录时间】2022-10-02

【文献类型】实证数据

【主题类别】

区块链治理-市场治理-企业创新