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Paper Type
Complete
Description
Literature suggests various perspectives of the role of blockchain technology (BCT) in organizations, such as, techno-centric, humancentric, and technology institutionalization. This paper aims to look the adoption of blockchain, through the lens of institutionalization perspective based on the Institutional Theory. The literature argues that institutional theory pressures are only sufficient for innovation if it is seen as a solution where imitation can be followed. However, if there is no consensus on innovation adoption, it becomes difficult to understand the organizational economic and technical needs. Therefore, it is important to understand institutionalization of novel technologies like blockchain, which have yet to have enough examples to follow. The study proposes a framework based on data gathered via semi-structured interviews of blockchain experts using the Delphi method. The framework extends the institutional theory by introducing a technological pressure along with its three conventional pressures.
Paper Number
1772
Recommended Citation
Chhina, Shipra; Chadhar, Mehmood; Firmin, Sally; and Tatnall, Arthur, "Understanding Blockchain Adoption from an Institutional Theory perspective" (2023). AMCIS 2023 Proceedings. 39.
https://aisel.aisnet.org/amcis2023/sig_adit/sig_adit/39
Understanding Blockchain Adoption from an Institutional Theory perspective
Literature suggests various perspectives of the role of blockchain technology (BCT) in organizations, such as, techno-centric, humancentric, and technology institutionalization. This paper aims to look the adoption of blockchain, through the lens of institutionalization perspective based on the Institutional Theory. The literature argues that institutional theory pressures are only sufficient for innovation if it is seen as a solution where imitation can be followed. However, if there is no consensus on innovation adoption, it becomes difficult to understand the organizational economic and technical needs. Therefore, it is important to understand institutionalization of novel technologies like blockchain, which have yet to have enough examples to follow. The study proposes a framework based on data gathered via semi-structured interviews of blockchain experts using the Delphi method. The framework extends the institutional theory by introducing a technological pressure along with its three conventional pressures.
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