Sponsor
Publication of this article in an open access journal was funded by the Portland State University Library’s Open Access Fund.
Published In
The Journal of The British Blockchain Association
Document Type
Article
Publication Date
3-2021
Subjects
Supply Chain Management -- analysis
Abstract
Blockchain and other distributed ledger technologies have enormous potential for creating business value but have not yet been widely adopted. Enterprise blockchain systems are recognised as solutions to existing operational problems or ‘pain points’ but their potential for delivering value through strategic opportunities is not well understood. Drawing from literature on strategic alliances and the resource-based view of the firm, we identify avenues through which blockchain systems can contribute to a firm’s strategic capabilities and, as a result, to its sustained competitive advantage. We provide a framework for understanding how participation in blockchain solutions can enable companies to build upon existing strategic capabilities, strengthen collaborative capabilities and develop blockchain-specific capabilities. The framework can be useful to firms and service providers for incorporating strategic outcomes into the evaluation of blockchain investment opportunities.
Rights
Copyright (c) 2021 The Authors
This work is licensed under a Creative Commons Attribution 4.0 International License.
Locate the Document
DOI
10.31585/jbba-4-1-(7)2021
Persistent Identifier
https://archives.pdx.edu/ds/psu/36268
Citation Details
Yuthas, K., Sarason, Y., & Aziz, A. (2021). Strategic Value Creation through Enterprise Blockchain. The Journal of The British Blockchain Association, 21638.