Blockchains are the distributed ledger technology that powers Bitcoin and other cryptocurrencies. But blockchains can be used for more than the transfer of tokens – they are a significant new economic infrastructure. This book offers the first scholarly analysis of the economic nature of blockchains and the shape of the blockchain economy. By applying the institutional economics of Ronald Coase and Oliver Williamson, this book shows how blockchains are poised to reshape the nature of firms, governments, markets, and civil society.
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An Introduction to Institutional Cryptoeconomics
Chris Berg, Sinclair Davidson and Jason Potts
Trent J. MacDonald
Territorial political organisation forms the backbone of western liberal democracies. However, political economists are increasingly aware of how this form of government neglects the preferences of citizens, resulting in dramatic conflicts. The Political Economy of Non-Territorial Exit explores the theoretical possibility of ‘unbundling’ government functions and decentralising territorial governance.
Edited by Susana Borrás and Jakob Edler
Examining the “who” (agents), “how” (policy instruments) and “why” (societal legitimacy) of the governance process, this book presents a conceptual framework about the governance of change in socio-technical systems. Bridging the gap between disciplinary fields, expert contributions provide innovative empirical cases of different modes of governing change. The Governance of Socio-Technical Systems offers a stepping-stone towards building a theory of governance of change and presents a new research agenda on the interaction between science, technology and society.
Theory and Evidence from Firms and Nations
Edited by Mehmet Ugur
This book aims to disentangle the complex relationship between innovation and its potential determinants, paying special attention to the roles of governance and regulatory frameworks, and the ways in which the latter interact with other drivers of innovation such as competition and the innovator’s closeness to the technology frontier.
Agile Decision-Making in a Turbulent World
Graham Room argues that conventional approaches to the conceptualisation and measurement of social and economic change are unsatisfactory. As a result, researchers are ill-equipped to offer policy advice. This book offers a new analytical approach, combining complexity science and institutionalism.
Formal and Informal Patterns of Coordination
Edited by Werner Pascha, Cornelia Storz and Markus Taube
This illuminating book broadly addresses the emerging field of ‘diversity of capitalism’ from a comparative institutional approach. It explores the varied patterns for achieving coordination in different economic systems, applying them specifically to China, Japan and South Korea. These countries are of particular interest due to the fact that they are often considered to have developed their own peculiar blend of models of capitalism.
Firms, Clusters and Institutions in a Changing Setting
Edited by Maarten J. Arentsen, Wouter van Rossum and Albert E. Steenge
Governance of Innovation takes the multidimensional nature of innovation as its point of departure, bringing together leading scholars from a variety of backgrounds to provide an authoritative and comprehensive overview of contemporary innovation challenges.
Institutional Choices Under Globalisation
Edited by Silvia Sacchetti and Roger Sugden
This innovative book offers a critical perspective on the state of the current global economy, making sense of knowledge-related issues by critically assessing existing institutional choices, as well as pointing to new ways forward.
Making Sense of Structural Adjustment Processes in Industrial Sectors, Regions and Societies
Edited by Timo J. Hämäläinen and Risto Heiskala
This book examines the nature of social innovation processes which determine the economic and social performance of nations, regions, industrial sectors and organizations.
A Multidisciplinary Review of the Study of Innovation Systems
Edited by Steven Casper and Frans van Waarden
Innovation and Institutions is an extensive elaboration on the make up of systems of innovation. It examines why some countries are more innovative than others, why national styles of innovation differ, and goes on to explore why some countries make radical innovations but fail to successfully market them, whilst others making incremental innovations have more commercial success.