Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/275356 
Year of Publication: 
2022
Citation: 
[Journal:] Administrative Sciences [ISSN:] 2076-3387 [Volume:] 12 [Issue:] 3 [Article No.:] 86 [Year:] 2022 [Pages:] 1-21
Publisher: 
MDPI, Basel
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.
Subjects: 
behavioral drivers
blockchain
case study
consensus mechanisms
dynamics
ecosystems
governance
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Article
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