How Do Disruptive Technologies Impact Collaborative Governance? A Blockchain Study

Authors

  • Marcus Vinicius Lindgren Alves Fundação Dom Cabral, Nova Lima, Brazil
  • Ana Burcharth Fundação Dom Cabral, Nova Lima, Brazil
  • Rosileia das Mercês Milagres Fundação Dom Cabral, Nova Lima, Brazil
  • Douglas Wegner Fundação Dom Cabral, Nova Lima, Brazil

DOI:

https://doi.org/10.4067/S0718-27242025000100103

Keywords:

Collaborative Governance, Blockchain, Institutional Design, Collaboration, Financial system

Abstract

Technology such as blockchain and digital platforms add a new dimension to collaboration because they challenge central tenets of Collaborative Governance (CG). This study analyzes how blockchain impacts CG’s institutional design in a collaborative initiative sparked by a public agency and pioneered by five financial institutions aimed to develop a low-cost, affordable and inclusive instant payment solution based on blockchain technology. The results show that blockchain introduces novel elements that need to be considered in the institutional design of CG, namely interoperability and attraction of new members. Such elements are crucial for obtaining the network effect for implementing a collective solution. Our results expand CG theory by revealing how blockchain technology demands institutional design to consider the technological requirements of the platform to interact with proprietary codes in order to promote network scalability.

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Author Biographies

Marcus Vinicius Lindgren Alves, Fundação Dom Cabral, Nova Lima, Brazil

Associate professor at Fundação Dom Cabral (Brazil)

Ana Burcharth, Fundação Dom Cabral, Nova Lima, Brazil

Full professor at Fundação Dom Cabral (Brazil)

Rosileia das Mercês Milagres, Fundação Dom Cabral, Nova Lima, Brazil

Full professor at Fundação Dom Cabral (Brazil)

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How Do Disruptive Technologies

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Published

2024-10-25

How to Cite

Lindgren Alves, M. V., Lara de Araújo Burcharth, A. L., das Mercês Milagres, R., & Wegner, D. (2024). How Do Disruptive Technologies Impact Collaborative Governance? A Blockchain Study . Journal of Technology Management & Innovation, 20(1), 103–117. https://doi.org/10.4067/S0718-27242025000100103

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Section

Case Studies

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