Abstract
This research explores the role of competition in digital networks, specifically in the context of blockchain-enabled multiparty collaborations. We find that the composition of a consortium’s founding group has a significant impact on its performance, both in the short term and the long term. In the short term, the size of the founding group has a negative effect on the speed of pilot completion. However, in the long term, a diverse and competitively-tied founding group can positively impact the consortium’s survival, growth, and public sentiment. Our results suggest that strategic considerations related to the composition of a consortium’s founding group are important for understanding and improving its performance. Theoretically, this study contributes to the strategic management literature by extending the focus on competition from the traditional firm level to the level of digital networks.
Original language | English |
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Title of host publication | Academy of Management Proceedings 2023 |
Editors | Sonia Taneja |
Publisher | Academy of Management |
DOIs | |
Publication status | Published - Aug 2023 |
Event | 83rd Annual Meeting of the Academy of Management, AOM 2023: Putting the Worker Front and Center - Boston, United States Duration: 4 Aug 2023 → 8 Aug 2023 https://www.xcdsystem.com/aom/program/A5p5d1k/index.cfm?pgid=891&RunRemoveSessionFilter=1 (Link to conference programme ) https://journals.aom.org/toc/amproc/2023/1 (Conference Proceedings) https://journals.aom.org/loi/amproc/group/d2020.y2023 (Conference Proceedings) |
Publication series
Name | Academy of Management Proceedings |
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Publisher | Academy of Management |
Number | 1 |
Volume | 2023 |
ISSN (Print) | 0065-0668 |
ISSN (Electronic) | 2151-6561 |
Conference
Conference | 83rd Annual Meeting of the Academy of Management, AOM 2023 |
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Country/Territory | United States |
City | Boston |
Period | 4/08/23 → 8/08/23 |
Internet address |
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