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Please use this identifier to cite or link to this item: https://doi.org/10.21256/zhaw-23045
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dc.contributor.authorLustenberger, Michael-
dc.contributor.authorMalešević , Saša-
dc.contributor.authorSpychiger, Florian-
dc.date.accessioned2021-09-02T13:43:12Z-
dc.date.available2021-09-02T13:43:12Z-
dc.date.issued2021-08-16-
dc.identifier.issn2624-7852de_CH
dc.identifier.urihttps://digitalcollection.zhaw.ch/handle/11475/23045-
dc.description.abstractBlockchain technology has been extensively tested, implemented, used, or even abandoned by organizations. Whether organizations adopt blockchain technology depends on many factors. Previous literature has identified a range of potential factors affecting the adoption of blockchain technology, but most studies have focused solely on a subset of specific factors. As a result, these studies can provide only limited explanations for the varying degrees of blockchain adoption. By relying on the well-established Technology-Organization-Environment (TOE) framework, we propose an extended Blockchain Adoption Model (BAM). We derive a rich set of factors from the current state of research on blockchain adoption and the business ecosystem literature and extend them by conceptual reasoning. We then develop testable hypotheses for each of the identified factors. The resulting 14 hypotheses are tested by conducting a survey (n = 350) within the DACH-region (Germany, Austria and Switzerland). We quantitatively analyze our BAM with a binary logistic regression analysis and identify six constructs impacting the adoption (relative advantage, observability, organizational age, external stakeholder pressure, regulatory uncertainty, and scope of business ecosystem). Based on our findings we introduce the novel idea of “ecosystem readiness” as the most important factor for the adoption of blockchain. Ecosystem readiness is characterized by the following attributes: 1) a large ecosystem scope, 2) stakeholders that are not yet collaborating in a trustful and regulated environment, and 3) a powerful organization leading the ecosystem. This powerful organization further intentionally promotes innovation by 4) making the benefits of this new technology observable for others, by 5) putting pressure on the other ecosystem participants to adopt the new technology, and eventually by 6) striving for regulatory certainty in the application and use of blockchain.de_CH
dc.language.isoende_CH
dc.publisherFrontiers Research Foundationde_CH
dc.relation.ispartofFrontiers in Blockchainde_CH
dc.rightshttp://creativecommons.org/licenses/by/4.0/de_CH
dc.subjectAdoptionde_CH
dc.subjectBAMde_CH
dc.subjectBlockchainde_CH
dc.subjectEcosystemde_CH
dc.subject.ddc332: Finanzwirtschaftde_CH
dc.titleEcosystem readiness : blockchain adoption is driven externallyde_CH
dc.typeBeitrag in wissenschaftlicher Zeitschriftde_CH
dcterms.typeTextde_CH
zhaw.departementSchool of Management and Lawde_CH
zhaw.organisationalunitInstitute for Organizational Viability (IOV)de_CH
dc.identifier.doi10.3389/fbloc.2021.720454de_CH
dc.identifier.doi10.21256/zhaw-23045-
zhaw.funding.euNode_CH
zhaw.issue720454de_CH
zhaw.originated.zhawYesde_CH
zhaw.publication.statuspublishedVersionde_CH
zhaw.volume4de_CH
zhaw.publication.reviewPeer review (Publikation)de_CH
zhaw.author.additionalNode_CH
zhaw.display.portraitYesde_CH
zhaw.monitoring.costperiod2021de_CH
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Lustenberger, M., Malešević , S., & Spychiger, F. (2021). Ecosystem readiness : blockchain adoption is driven externally. Frontiers in Blockchain, 4(720454). https://doi.org/10.3389/fbloc.2021.720454
Lustenberger, M., Malešević , S. and Spychiger, F. (2021) ‘Ecosystem readiness : blockchain adoption is driven externally’, Frontiers in Blockchain, 4(720454). Available at: https://doi.org/10.3389/fbloc.2021.720454.
M. Lustenberger, S. Malešević , and F. Spychiger, “Ecosystem readiness : blockchain adoption is driven externally,” Frontiers in Blockchain, vol. 4, no. 720454, Aug. 2021, doi: 10.3389/fbloc.2021.720454.
LUSTENBERGER, Michael, Saša MALEŠEVIĆ  und Florian SPYCHIGER, 2021. Ecosystem readiness : blockchain adoption is driven externally. Frontiers in Blockchain. 16 August 2021. Bd. 4, Nr. 720454. DOI 10.3389/fbloc.2021.720454
Lustenberger, Michael, Saša Malešević , and Florian Spychiger. 2021. “Ecosystem Readiness : Blockchain Adoption Is Driven Externally.” Frontiers in Blockchain 4 (720454). https://doi.org/10.3389/fbloc.2021.720454.
Lustenberger, Michael, et al. “Ecosystem Readiness : Blockchain Adoption Is Driven Externally.” Frontiers in Blockchain, vol. 4, no. 720454, Aug. 2021, https://doi.org/10.3389/fbloc.2021.720454.


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