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Toward a renaissance of cooperatives fostered by Blockchain on electronic marketplaces: a theory-driven case study approach

Author

Listed:
  • Tobias Kollmann

    (University of Duisburg-Essen)

  • Simon Hensellek

    (University of Duisburg-Essen)

  • Katharina de Cruppe

    (University of Duisburg-Essen)

  • André Sirges

    (University of Duisburg-Essen)

Abstract

Currently, there is a disparity of value distribution on electronic marketplaces. This is because central platform operators benefit monetarily from collecting and matching electronic information from users. Although those platforms are fueled by user information, only a small share is distributed to their users. However, in turn, disruptive technologies such as the Blockchain technology have the potential to counteract this imbalance of benefits. Through a theory-driven case study approach, this study considers principles of cooperative theory as a foundation of Blockchain-enabled electronic marketplaces (BEEMs). Specifically, we show that using the Blockchain technology can foster a renaissance of cooperative principles on electronic marketplaces.

Suggested Citation

  • Tobias Kollmann & Simon Hensellek & Katharina de Cruppe & André Sirges, 2020. "Toward a renaissance of cooperatives fostered by Blockchain on electronic marketplaces: a theory-driven case study approach," Electronic Markets, Springer;IIM University of St. Gallen, vol. 30(2), pages 273-284, June.
  • Handle: RePEc:spr:elmark:v:30:y:2020:i:2:d:10.1007_s12525-019-00369-4
    DOI: 10.1007/s12525-019-00369-4
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    References listed on IDEAS

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    1. Ali Sunyaev & Niclas Kannengießer & Roman Beck & Horst Treiblmaier & Mary Lacity & Johann Kranz & Gilbert Fridgen & Ulli Spankowski & André Luckow, 2021. "Token Economy," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 63(4), pages 457-478, August.

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    More about this item

    Keywords

    Blockchain; Cooperatives; Electronic marketplaces; Business models; Value distribution;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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