Organizations’ Approaches to Blockchain: A Critical Realist Perspective

Ostern, Nadine Kathrin; Holotiuk, Friedrich; Moormann, Jürgen (2021). Organizations’ Approaches to Blockchain: A Critical Realist Perspective (In Press). Information & Management(103552) Elsevier https://doi.org/10.1016/j.im.2021.103552

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Organizations face manifold implementation barriers in blockchain adoption. Of particular interest is the pre-adoption phase, where knowledge and attitudes guide organizations’ approaches toward a new technology. This paper examines organizations’ approaches to blockchain through a sensemaking lens to identify how blockchain prototype development is guided by perceived business value of and sentiments toward the technology. Taking a critical realist perspective, we examine divergences between organizations’ approaches toward blockchain adoption, i.e., what they do, and why and how they approach blockchain. We differentiate between four types of approaches and provide recommendations how the pre-adoption phase can be considered in academic analyses.

Item Type:

Journal Article (Original Article)

Division/Institute:

Business School > Institute for Digital Technology Management > Digtial Innovation and Transformation

Name:

Ostern, Nadine Kathrin;
Holotiuk, Friedrich and
Moormann, Jürgen

Subjects:

H Social Sciences > H Social Sciences (General)
T Technology > T Technology (General)

ISSN:

0378-7206

Publisher:

Elsevier

Language:

English

Submitter:

Nadine Kathrin Ostern

Date Deposited:

01 Dec 2021 12:10

Last Modified:

01 Dec 2021 12:10

Publisher DOI:

https://doi.org/10.1016/j.im.2021.103552

Uncontrolled Keywords:

Blockchain; Distributed ledger; Critical realism; IT adoption; Sensemaking; Financial organizations

ARBOR DOI:

10.24451/arbor.15833

URI:

https://arbor.bfh.ch/id/eprint/15833

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