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Cited by 532

The DOI matches its Crossref record; 130 of the 130 references it cites were found in a registry or an index.

Blockchain Governance—A New Way of Organizing Collaborations?

Open access
Lumineau, Fabrice, Wang, Wenqian, Schilke, Oliver·2021·Organization Science

Abstract

The 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.

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Metadata

Authors
Lumineau, F., Wang, W., & Schilke, O.
Venue
Organization Science
Published
2021-03
Volume
32
Issue
2
Pages
500-521
ISSN
  • 1047-7039 (ISSN-L)
  • 1526-5455
OpenAlex
W3091805370
Cited by
532
References
130
FWCI
48.35
Type
journal article
Language
en
Open access
bronze

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CoChat. (2026). Citation check: Blockchain Governance—A New Way of Organizing Collaborations? https://app.cochat.ai/papers/10.1287/orsc.2020.1379
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Lumineau, F., Wang, W., & Schilke, O. (2021). Blockchain Governance—A New Way of Organizing Collaborations? Organization Science. https://doi.org/10.1287/orsc.2020.1379

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