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This paper examines the institutional context of the entrepreneurial discovery of blockchain applications. It draws on institutional and entrepreneurial theory to introduce the economic problem entrepreneurship in the early stages of new technologies, examines the diversity of self-governed...
Persistent link: https://www.econbiz.de/10012902271
Blockchain technology enables entrepreneurs to develop new decentralised governance structures to coordinate human interaction and exchange. That is, blockchain enables exit from political-socioeconomic systems through new forms of property rights protection and enforcement. This chapter...
Persistent link: https://www.econbiz.de/10012899805
Analyses hackerspaces as an empirical example of an innovation commons (Allen & Potts, 2016). Hackerspaces are where hackers engage in non-price coordination of entrepreneurial information about market opportunities under privately developed rules. An analytic narrative over secondary data of...
Persistent link: https://www.econbiz.de/10012969755
We introduce the proto-entrepreneur as an economic agent who must first — i.e., before acting entrepreneurially — coordinate non-price information with others in order to reveal exploitable opportunities. Entrepreneurship, therefore, involves dual economic discovery problems, each of which...
Persistent link: https://www.econbiz.de/10014124403
This thesis develops and applies an institutional governance approach to the economic problem of entrepreneurial discovery of market opportunities. In doing so it expands understanding of one of the fundamental drivers of economic growth, innovation, and contributes both to institutional...
Persistent link: https://www.econbiz.de/10014117211