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The V-form organisation and the future of the firm

In: Understanding the Blockchain Economy

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Abstract

This chapter details how blockchains facilitate a new category of firm: the V-form organisation, where vertical integration is outsourced to a distributed ledger. The chapter first outlines the evolution of the firm from the unitary structure (U-form) to the multidivisional (M-form), and explains how V-form organisations are distinct. V-form organisations are structured around supply chains of information. The chapter looks at the experience of V-form organisations so far, and makes some predictions about the future of the firm, which the authors expect to be smaller, less hierarchical, and more networked.

Suggested Citation

  • ., 2019. "The V-form organisation and the future of the firm," Chapters, in: Understanding the Blockchain Economy, chapter 7, pages 120-137, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:18636_7
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    Cited by:

    1. Gemmell, Norman, 2020. "New Zealand's Tax Reforms and 'Tax Sheltering' Behaviour," Working Paper Series 9367, Victoria University of Wellington, Chair in Public Finance.
    2. Ostermeier, Manuel & Heimfarth, Andreas & Hübner, Alexander, 2023. "The multi-vehicle truck-and-robot routing problem for last-mile delivery," European Journal of Operational Research, Elsevier, vol. 310(2), pages 680-697.
    3. Heimfarth, Andreas & Ostermeier, Manuel & Hübner, Alexander, 2022. "A mixed truck and robot delivery approach for the daily supply of customers," European Journal of Operational Research, Elsevier, vol. 303(1), pages 401-421.
    4. Lyons, Glenn, 2020. "Walking as a service – Does it have legs?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 137(C), pages 271-284.

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