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Governance landscapes for emerging technologies: The case of cryptocurrencies

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  • Andrew B. Whitford
  • Derrick Anderson

Abstract

Scholars call for “adaptive governance” to balance concern about technology uncertainty with the need for innovation in the governance of emerging technologies. Yet, empirical assessment of such governance systems remains sparse. Do the actors interested in the potential regulation of an emerging technology focus on their own interests and opportunities, or do they think in terms of the collective interest? We focus on the actors who embed such systems from a novel landscape perspective that combines two dimensions of governance: the nature of the regulatory target, and the nature of the process they advocate for governing the target. We present data from over 70 actors in the area of cryptocurrencies for evaluating this new logic.

Suggested Citation

  • Andrew B. Whitford & Derrick Anderson, 2021. "Governance landscapes for emerging technologies: The case of cryptocurrencies," Regulation & Governance, John Wiley & Sons, vol. 15(4), pages 1053-1070, October.
    • Handle: RePEc:wly:reggov:v:15:y:2021:i:4:p:1053-1070
    DOI: 10.1111/rego.12366
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    References listed on IDEAS

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    1. Whitford, Andrew B., 2003. "The Structures of Interest Coalitions: Evidence from Environmental Litigation," Business and Politics, Cambridge University Press, vol. 5(1), pages 45-64, April.
    2. Haas, Peter M., 1992. "Introduction: epistemic communities and international policy coordination," International Organization, Cambridge University Press, vol. 46(1), pages 1-35, January.
    3. Kuhlmann, Stefan & Stegmaier, Peter & Konrad, Kornelia, 2019. "The tentative governance of emerging science and technology—A conceptual introduction," Research Policy, Elsevier, vol. 48(5), pages 1091-1097.
    4. Anderson,Derrick Mason & Whitford,Andrew, 2021. "Integrating Logics in the Governance of Emerging Technologies," Cambridge Books, Cambridge University Press, number 9781108461474, January.
    5. Cornes,Richard & Sandler,Todd, 1996. "The Theory of Externalities, Public Goods, and Club Goods," Cambridge Books, Cambridge University Press, number 9780521477185, January.
    6. Whitford Andrew B., 2003. "The Structures of Interest Coalitions: Evidence from Environmental Litigation," Business and Politics, De Gruyter, vol. 5(1), pages 1-21, December.
    7. Bonnín Roca, Jaime & Vaishnav, Parth & Morgan, M.Granger & Mendonça, Joana & Fuchs, Erica, 2017. "When risks cannot be seen: Regulating uncertainty in emerging technologies," Research Policy, Elsevier, vol. 46(7), pages 1215-1233.
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    Cited by:

    1. Lee, Sungdo & Seo, Yongseok, 2022. "Exploring how interest groups affect regulation and innovation based on the two-level games: The case of regulatory sandboxes in Korea," Technological Forecasting and Social Change, Elsevier, vol. 183(C).
    2. Araz Taeihagh & M Ramesh & Michael Howlett, 2021. "Assessing the regulatory challenges of emerging disruptive technologies," Regulation & Governance, John Wiley & Sons, vol. 15(4), pages 1009-1019, October.
    3. Bokolo Anthony Jnr., 2022. "Toward a collaborative governance model for distributed ledger technology adoption in organizations," Environment Systems and Decisions, Springer, vol. 42(2), pages 276-294, June.

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