Competition of Digital Networks: Explaining Performance Heterogeneity of Blockchain Consortia

Wenqian Wang, Marvin Hanisch

Research output: Chapter in book/report/conference proceedingConference proceedingpeer-review

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 languageEnglish
Title of host publicationAcademy of Management Proceedings 2023
EditorsSonia Taneja
PublisherAcademy of Management
DOIs
Publication statusPublished - Aug 2023
Event83rd Annual Meeting of the Academy of Management, AOM 2023: Putting the Worker Front and Center - Boston, United States
Duration: 4 Aug 20238 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

Publication series

NameAcademy of Management Proceedings
PublisherAcademy of Management
Number1
Volume2023
ISSN (Print)0065-0668
ISSN (Electronic)2151-6561

Conference

Conference83rd Annual Meeting of the Academy of Management, AOM 2023
Country/TerritoryUnited States
CityBoston
Period4/08/238/08/23
Internet address

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