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Blockchain and Organizational Characteristics: Towards Business Model Innovation

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Advances in Creativity, Innovation, Entrepreneurship and Communication of Design (AHFE 2020)

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 1218))

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Abstract

Blockchain seems to challenge the current business models by providing opportunities for new value creation. However, several research gaps remain in literature in evaluating how firms can leverage new approaches to innovation management and opportunities created by blockchain. Supporting organizational characteristics affecting digital innovation management process also need attention in order to challenge the traditional theories while developing unique fundamental assumptions between innovation processes and outcomes. Thus, blockchain and organizational characteristics need to be understood as an encompassing, overarching and interrelated ecosystem in digital innovation management. Grounding on digitalization and innovation management, this research conceptualizes how blockchain technology and supporting organizational characteristics (i.e., R&D investment, strategic alignment, cultural support, top management knowledge and involvement, insights from customers and end-users) can be integrated for business model innovation. This research develops a conceptual framework involving multi-disciplinary collaborative actions that strengthen and empower business model innovation.

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Authors and Affiliations

  1. School of Technology and Innovations, Production/Innovation and Entrepreneurship InnoLab, University of Vaasa, Yliopistonranta 10, 65200, Vaasa, Finland

    Khuram Shahzad

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  1. Khuram Shahzad
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Correspondence to Khuram Shahzad .

Editor information

Editors and Affiliations

  1. School of Management, University College London (UCL), London, UK

    Evangelos Markopoulos

  2. Division ISD, HKUST, Kowloon, Hong Kong

    Ravindra S. Goonetilleke

  3. School of Arts & Social Sciences, Department of Creative Arts, The Open University of Hong Kong, Ho Man Tin, Kowloon, Hong Kong

    Amic G. Ho

  4. Asian Ergonomics Design Lab, The Hong Kong Polytechnic University, Kowloon, Hong Kong

    Yan Luximon

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Shahzad, K. (2020). Blockchain and Organizational Characteristics: Towards Business Model Innovation. In: Markopoulos, E., Goonetilleke, R., Ho, A., Luximon, Y. (eds) Advances in Creativity, Innovation, Entrepreneurship and Communication of Design. AHFE 2020. Advances in Intelligent Systems and Computing, vol 1218. Springer, Cham. https://doi.org/10.1007/978-3-030-51626-0_9

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  • DOI: https://doi.org/10.1007/978-3-030-51626-0_9

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-51625-3

  • Online ISBN: 978-3-030-51626-0

  • eBook Packages: EngineeringEngineering (R0)

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