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The Dynamics of Governing Enterprise Blockchain Ecosystems

Author

Listed:
  • Birgitte van Haaren-van Duijn

    (Department of Industrial Engineering and Innovation Sciences, Eindhoven University of Technology, 5600 MB Eindhoven, The Netherlands)

  • Jaime Bonnín Roca

    (Department of Industrial Engineering and Innovation Sciences, Eindhoven University of Technology, 5600 MB Eindhoven, The Netherlands)

  • Annie Chen

    (Faculty of Technology Policy & Management, Delft University of Technology, 2628 BX Delft, The Netherlands)

  • A. Georges L. Romme

    (Department of Industrial Engineering and Innovation Sciences, Eindhoven University of Technology, 5600 MB Eindhoven, The Netherlands)

  • Mathieu Weggeman

    (Department of Industrial Engineering and Innovation Sciences, Eindhoven University of Technology, 5600 MB Eindhoven, The Netherlands)

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.

Suggested Citation

  • Birgitte van Haaren-van Duijn & Jaime Bonnín Roca & Annie Chen & A. Georges L. Romme & Mathieu Weggeman, 2022. "The Dynamics of Governing Enterprise Blockchain Ecosystems," Administrative Sciences, MDPI, vol. 12(3), pages 1-21, July.
    • Handle: RePEc:gam:jadmsc:v:12:y:2022:i:3:p:86-:d:866804
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    References listed on IDEAS

    as
    1. Monique J. Morrow & Mehran Zarrebini, 2019. "Blockchain and the Tokenization of the Individual: Societal Implications," Future Internet, MDPI, vol. 11(10), pages 1-12, October.
    2. Marten Risius & Kai Spohrer, 2017. "A Blockchain Research Framework," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 59(6), pages 385-409, December.
    3. De Filippi, Primavera & Mannan, Morshed & Reijers, Wessel, 2020. "Blockchain as a confidence machine: The problem of trust & challenges of governance," Technology in Society, Elsevier, vol. 62(C).
    Full references (including those not matched with items on IDEAS)

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