The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
Blockchain as Radical Innovation: A Framework for Engaging with Distributed Ledgers as Incumbent Organization
Open accessAbstract
Blockchain is an emerging technology that is perceived as groundbreaking. However, blockchain presents incumbent organizations with significant challenges. How should they respond to the advent of this innovative technology, and how can they build the capabilities that are necessary to successfully engage with blockchain? In this case study, we analyze how an incumbent bank deals with the radical innovation of blockchain. We find that blockchain as an innovation is unique, because its transaction cost-lowering nature requires cooperation not only on an intra-organizational, but also on an inter-organizational level to fully leverage the technology. We develop a framework illustrating how the process of discovering, incubating, and accelerating with blockchain can look like. Our research is one of the first case studies in the area; shedding light on the organizational challenges of incumbents as they engage with blockchain. The paper provides a blueprint for business executives in their endeavor of embracing blockchain technology.
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Cites
The Discovery of Grounded Theory; Strategies for Qualitative Research
Glaser, B. G., Strauss, A. L., & Strutzel, E. (1968) · Nursing Research · doi:10.1097/00006199-196807000-00014 · Cited by 39,449
Value Creation and Value Capture: A Multilevel Perspective
Lepak, D. P., Smith, K. G., & Taylor, M. S. (2007) · Academy of Management Review · doi:10.5465/amr.2007.23464011 · Cited by 1,489
Cited by
Risius, M., & Spohrer, K. (2017) · Business & Information Systems Engineering · doi:10.1007/s12599-017-0506-0 · Cited by 803
Governance in the Blockchain Economy: A Framework and Research Agenda
IT University of Copenhagen, Beck, R., Müller-Bloch, C., IT University of Copenhagen, King, J. L., & University of Michigan (2018) · Journal of the Association for Information Systems · doi:10.17705/1jais.00518 · Cited by 688
Self-citationBlockchain Technology in Business and Information Systems Research
Beck, R., Avital, M., Rossi, M., & Thatcher, J. B. (2017) · Business & Information Systems Engineering · doi:10.1007/s12599-017-0505-1 · Cited by 513
Self-citationA Survey on Blockchain-Based Self-Sovereign Patient Identity in Healthcare
Houtan, B., Hafid, A. S., & Makrakis, D. (2020) · IEEE Access · doi:10.1109/access.2020.2994090 · Cited by 174
Metadata
- Authors
- Beck, R., & Müller-Bloch, C.
- Venue
- Proceedings of the Annual Hawaii International Conference on System Sciences
- Published
- 2017
- ISSN
- 1530-1605 (ISSN-L)
- 2572-6862
- OpenAlex
- W2591836389
- Cited by
- 199
- References
- 2
- FWCI
- 18.64
- Type
- conference paper
- Language
- en
- Open access
- hybrid
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