000			02959nam a22001457a 4500
999			_c528432 _d528432
008			241205b ||||| |||| 00| 0 eng d
100			_aSantoni, Simone _949320
245			_aWenqian Wang, Fabrice Lumineau, and Oliver Schilke. Blockchains: Strategic implications for contracting, trust, and organizational design
260			_aAdministrative Science Quarterly
300			_a69(3),Sep, 2024: p.NP53-NP55
520			_aThe history of capitalism indicates that new technologies take time to spread and create value. For example, Great Britain’s history shows that steam power started to influence productivity growth only in 1830, which was 30 years after the expiration of Watt’s first steam engine patent (Crafts, 2004). Moreover, decades of organizational and sociological research show that to create impact, new technologies need not only to mature but also to integrate with organizations, institutions, and society. These considerations are crucial for examining the digital technologies that have emerged over the past 15 years, as their remarkable potential has attracted the attention of businesses and raised new, unresolved governance, legal, and moral issues (Park, 2023). Blockchains is a necessary book to help us better understand blockchain, which, as one of the most discussed digital technologies, is known for its potential to innovate financial services and sustain illegal online marketplaces. In fact, blockchain is a flexible technology with a broad range of applications—a technology that can also become a valuable collaborative tool, Wang and his co-authors point out. The history of capitalism indicates that new technologies take time to spread and create value. For example, Great Britain’s history shows that steam power started to influence productivity growth only in 1830, which was 30 years after the expiration of Watt’s first steam engine patent (Crafts, 2004). Moreover, decades of organizational and sociological research show that to create impact, new technologies need not only to mature but also to integrate with organizations, institutions, and society. These considerations are crucial for examining the digital technologies that have emerged over the past 15 years, as their remarkable potential has attracted the attention of businesses and raised new, unresolved governance, legal, and moral issues (Park, 2023). Blockchains is a necessary book to help us better understand blockchain, which, as one of the most discussed digital technologies, is known for its potential to innovate financial services and sustain illegal online marketplaces. In fact, blockchain is a flexible technology with a broad range of applications—a technology that can also become a valuable collaborative tool, Wang and his co-authors point out.- Reproduced https://journals.sagepub.com/doi/full/10.1177/00018392241241063
773			_aAdministrative Science Quarterly
906			_aBOOK REVIEW
942			_cAR