Blockchain Ecosystem in Construction:Open or Closed Innovation?

Abstract

Blockchain technology has been considered a game-changer across many sectors and slowly gains traction in construction. Because of immutability and transparency, blockchain is seen as a solution to the fragmentation and distrust. Various industry players, government and policymakers are increasingly interested in co-creating ideas with this technology. This collective interest on blockchain implies the possibility for democratising it following an Open Innovation (OI) paradigm. We explore the feasibility of OI paradigm in construction using blockchain as an example and research setting. Through content analysis of semi-structured interviews with 24 experts we explore openness/closedness of blockchain innovation ecosystems. The data showed that OI is still in its infancy in construction. Whereas blockchain implies openness and transparency, construction focuses on closed blockchain ecosystems due to resistance in sharing data and research initiatives. This brings implications for government and construction clients who are deemed facilitators of digital revolution.

Divisions: College of Engineering & Physical Sciences > School of Infrastructure and Sustainable Engineering > Engineering Systems and Supply Chain Management
Additional Information: Funding: This work incorporates data from the research project “Toward Blockchain-enabled Construction Supply Chains: Potential, Requirements and Implementation” funded by the Centre for Digital Built Britain (CDBB), InnovateUK grant number 90066. © Association of Researchers in Construction Management
Event Title: ARCOM Conference 2021: Recover, Rebuild and Renew
Event Type: Other
Event Dates: 2021-09-06 - 2021-09-07
Uncontrolled Keywords: Information technology,innovation,partnering,technology transfer
Last Modified: 19 Feb 2024 08:46
Date Deposited: 17 Sep 2021 10:56
Full Text Link: https://discove ... print/10132934/
https://www.arc ... exed-Papers.pdf
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PURE Output Type: Conference contribution
Published Date: 2021-09-06
Accepted Date: 2021-09-06
Authors: Papadonikolaki, Eleni
Tezel, Algan (ORCID Profile 0000-0003-3903-6126)
Yitmen, Ibrahim
Hilletofth, Per

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