IDEAS home Printed from https://ideas.repec.org/a/spr/infosf/v24y2022i4d10.1007_s10796-022-10288-z.html
   My bibliography  Save this article

Blockchain for SME Clusters: An Ideation using the Framework of Ostrom Commons Governance

Author

Listed:
  • Geetika Jain

    (Keele University)

  • Archana Shrivastava

    (Jaypee Business School)

  • Justin Paul

    (University of Puerto Rico
    University of Reading)

  • Ronak Batra

    (MDI)

Abstract

Small and medium-sized enterprises (SMEs) organize themselves into clusters by sharing a set of limited resources to achieve the holistic success of the cluster. However, these SMEs often face conflicts and deadlock situations that hinder the fundamental operational dynamics of the cluster due to varied reasons, including lack of trust and transparency in interactions, lack of common consensus, and lack of accountability and non-repudiation. Blockchain technology brings trust, transparency, and traceability to systems, as demonstrated by previous research and practice. In this paper, we explore the role of blockchain technology in building a trustworthy yet collaborative environment in SME clusters through the principles of community self-governance based on the work of Nobel Laureate Elinor Ostrom. We develop and present a blockchain commons governance framework for the three main dimensions i.e., interaction, autonomy, and control, based on the theoretical premise of equivalence mapping and qualitative analysis. This paper examines the role of blockchain technology to act as a guiding mechanism and support the smooth functioning of SMEs for their holistic good. The study focuses on sustainability and improving productivity of SMEs operating in clusters under public and private partnership. This is the first study to address the operational challenges faced by SEMs in clusters by highlighting the dimensions of blockchain commons governance dimensions.

Suggested Citation

  • Geetika Jain & Archana Shrivastava & Justin Paul & Ronak Batra, 2022. "Blockchain for SME Clusters: An Ideation using the Framework of Ostrom Commons Governance," Information Systems Frontiers, Springer, vol. 24(4), pages 1125-1143, August.
    • Handle: RePEc:spr:infosf:v:24:y:2022:i:4:d:10.1007_s10796-022-10288-z
    DOI: 10.1007/s10796-022-10288-z
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10796-022-10288-z
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10796-022-10288-z?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Sarah Jack & Sarah Drakopoulou Dodd & Alistair R. Anderson, 2008. "Change and the development of entrepreneurial networks over time: a processual perspective," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 20(2), pages 125-159, March.
    2. Elinor Ostrom & Charlotte Hess, 2010. "Private and Common Property Rights," Chapters, in: Boudewijn Bouckaert (ed.), Property Law and Economics, chapter 4, Edward Elgar Publishing.
    3. Suo Lu, 2020. "The Influence of Allocating the Residual Value of MSMEs’ Cluster on the Growth of MSMEs and the Cluster Based on the Theory of Structural Hole," International Business Research, Canadian Center of Science and Education, vol. 13(11), pages 1-54, November.
    4. Peter Knorringa & Khalid Nadvi, 2016. "Rising Power Clusters and the Challenges of Local and Global Standards," Journal of Business Ethics, Springer, vol. 133(1), pages 55-72, January.
    5. Karamchandani, Amit & Srivastava, Samir K. & Srivastava, Rajiv K., 2020. "Perception-based model for analyzing the impact of enterprise blockchain adoption on SCM in the Indian service industry," International Journal of Information Management, Elsevier, vol. 52(C).
    6. Elinor Ostrom, 2000. "Collective Action and the Evolution of Social Norms," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 137-158, Summer.
    7. Gurudutt Nayak & Amol S. Dhaigude, 2019. "A conceptual model of sustainable supply chain management in small and medium enterprises using blockchain technology," Cogent Economics & Finance, Taylor & Francis Journals, vol. 7(1), pages 1667184-166, January.
    8. Wong, Lai-Wan & Leong, Lai-Ying & Hew, Jun-Jie & Tan, Garry Wei-Han & Ooi, Keng-Boon, 2020. "Time to seize the digital evolution: Adoption of blockchain in operations and supply chain management among Malaysian SMEs," International Journal of Information Management, Elsevier, vol. 52(C).
    9. Jay Parekh & Azain Jaffer & Urvi Bhanushali & Shekhar Shukla, 2021. "Disintermediation in medical tourism through blockchain technology: an analysis using value-focused thinking approach," Information Technology & Tourism, Springer, vol. 23(1), pages 69-96, March.
    10. Daeheon Choi & Chune Young Chung & Thou Seyha & Jason Young, 2020. "Factors Affecting Organizations’ Resistance to the Adoption of Blockchain Technology in Supply Networks," Sustainability, MDPI, vol. 12(21), pages 1-37, October.
    11. Francisco Liñán & Justin Paul & Alain Fayolle, 2020. "SMEs and entrepreneurship in the era of globalization: advances and theoretical approaches," Small Business Economics, Springer, vol. 55(3), pages 695-703, October.
    12. Sonia Mukherjee, 2018. "Challenges to Indian micro small scale and medium enterprises in the era of globalization," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 8(1), pages 1-19, December.
    13. Erik E. Lehmann & Matthias Menter, 2018. "Public cluster policy and performance," The Journal of Technology Transfer, Springer, vol. 43(3), pages 558-592, June.
    14. John Humphrey & Hubert Schmitz, 2002. "How does insertion in global value chains affect upgrading in industrial clusters?," Regional Studies, Taylor & Francis Journals, vol. 36(9), pages 1017-1027.
    15. Julie Juan Li & Laura Poppo & Kevin Zheng Zhou, 2010. "Relational mechanisms, formal contracts, and local knowledge acquisition by international subsidiaries," Strategic Management Journal, Wiley Blackwell, vol. 31(4), pages 349-370, April.
    16. David Rozas & Antonio Tenorio-Fornés & Silvia Díaz-Molina & Samer Hassan, 2021. "When Ostrom Meets Blockchain: Exploring the Potentials of Blockchain for Commons Governance," SAGE Open, , vol. 11(1), pages 21582440211, March.
    17. Arne Isaksen, 2018. "From success to failure, the disappearance of clusters: a study of a Norwegian boat-building cluster," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 11(2), pages 241-255.
    18. Lin William Cong & Zhiguo He, 2019. "Blockchain Disruption and Smart Contracts," The Review of Financial Studies, Society for Financial Studies, vol. 32(5), pages 1754-1797.
    19. Philippe Mongeon & Adèle Paul-Hus, 2016. "The journal coverage of Web of Science and Scopus: a comparative analysis," Scientometrics, Springer;Akadémiai Kiadó, vol. 106(1), pages 213-228, January.
    20. Mats Benner & Lucia Guaranys & Anne Marie Maculan & Robert Kneller, 2008. "Pathways to the entrepreneurial university: towards a global convergence," Science and Public Policy, Oxford University Press, vol. 35(9), pages 681-695, November.
    21. Paul, Justin, 2020. "SCOPE framework for SMEs: A new theoretical lens for success and internationalization," European Management Journal, Elsevier, vol. 38(2), pages 219-230.
    22. John Mingers, 2001. "Combining IS Research Methods: Towards a Pluralist Methodology," Information Systems Research, INFORMS, vol. 12(3), pages 240-259, September.
    23. Dey, Bidit L. & Babu, Mujahid Mohiuddin & Rahman, Mizan & Dora, Manoj & Mishra, Nishikant, 2019. "Technology upgrading through co-creation of value in developing societies: Analysis of the mobile telephone industry in Bangladesh," Technological Forecasting and Social Change, Elsevier, vol. 145(C), pages 413-425.
    24. Judith Terstriep & Christian Lüthje, 2018. "Innovation, knowledge and relations – on the role of clusters for firms’ innovativeness," European Planning Studies, Taylor & Francis Journals, vol. 26(11), pages 2167-2199, November.
    25. Mikhaylov, Andrey Sergeevich, 2013. "Cluster governance in the framework of cluster social responsibility," EconStor Conference Papers 73186, ZBW - Leibniz Information Centre for Economics.
    26. H. Scott Gordon, 1954. "The Economic Theory of a Common-Property Resource: The Fishery," Journal of Political Economy, University of Chicago Press, vol. 62(2), pages 124-124.
    27. Wanda J. Orlikowski, 1992. "The Duality of Technology: Rethinking the Concept of Technology in Organizations," Organization Science, INFORMS, vol. 3(3), pages 398-427, August.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Li, Sen & Chen, Yan, 2024. "Governing decentralized autonomous organizations as digital commons," Journal of Business Venturing Insights, Elsevier, vol. 21(C).
    2. Nisreen Ameen & Jyoti Choudrie & Paul Jones & Amitabh Anand, 2022. "Innovative Technologies and Small-Medium Sized Enterprises in Times of Crisis," Information Systems Frontiers, Springer, vol. 24(4), pages 1055-1060, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Chen, R. & Chen, K. & Ou, Carol, 2023. "Facilitating interorganizational trust in strategic alliances by leveraging blockchain-based systems: Case studies of two eastern banks," Other publications TiSEM 85ecf99c-76f0-416e-9604-d, Tilburg University, School of Economics and Management.
    2. Rakshit, Sandip & Islam, Nazrul & Mondal, Sandeep & Paul, Tripti, 2022. "Influence of blockchain technology in SME internationalization: Evidence from high-tech SMEs in India," Technovation, Elsevier, vol. 115(C).
    3. Anne-Sarah Chiambretto & Hubert Stahn, 2017. "Voluntary Management of Fisheries under an Uncertain Background Legislative Threat," Working Papers halshs-01500543, HAL.
    4. Rafael Morais Pereira & Ana Cláudia Azevedo & Fabio Emanuel Farago & Felipe Mendes Borini, 2024. "Technological intensity and local socio‐economic development," Journal of International Development, John Wiley & Sons, Ltd., vol. 36(2), pages 1043-1057, March.
    5. Tarui, Nori & Mason, Charles F. & Polasky, Stephen & Ellis, Greg, 2008. "Cooperation in the commons with unobservable actions," Journal of Environmental Economics and Management, Elsevier, vol. 55(1), pages 37-51, January.
    6. Liping Fu & Fan Wu & Shan Zhang, 2022. "Evolutionary Path and Innovative Development of Pharmaceutical Industrial Cluster—A Case Study of Shijiazhuang, China," IJERPH, MDPI, vol. 19(5), pages 1-18, March.
    7. Kirti Nayal & Rakesh D. Raut & Balkrishna E. Narkhede & Pragati Priyadarshinee & Gajanan B. Panchal & Vidyadhar V. Gedam, 2023. "Antecedents for blockchain technology-enabled sustainable agriculture supply chain," Annals of Operations Research, Springer, vol. 327(1), pages 293-337, August.
    8. Mason, Charles F. & Polasky, Stephen & Tarui, Nori, 2017. "Cooperation on climate-change mitigation," European Economic Review, Elsevier, vol. 99(C), pages 43-55.
    9. Brett M. Frischmann & Alain Marciano & Giovanni Battista Ramello, 2019. "Retrospectives: Tragedy of the Commons after 50 Years," Journal of Economic Perspectives, American Economic Association, vol. 33(4), pages 211-228, Fall.
    10. Chaminade, Cristina & de Fuentes, Claudia, 2012. "Competences as drivers and enablers of globalization of innovation: Swedish ICT industry and emerging economies," Papers in Innovation Studies 2012/6, Lund University, CIRCLE - Centre for Innovation Research.
    11. François-Xavier de Vaujany & Nathalie Mitev & Matthew Smith & Isabelle Walsh, 2017. "Renewing Literature Reviews in MIS Research? A Critical Realist Approach," Working Papers hal-01648133, HAL.
    12. Castillo, Daniel & Saysel, Ali Kerem, 2005. "Simulation of common pool resource field experiments: a behavioral model of collective action," Ecological Economics, Elsevier, vol. 55(3), pages 420-436, November.
    13. Cavalcanti, Carina & Schläpfer, Felix & Schmid, Bernhard, 2010. "Public participation and willingness to cooperate in common-pool resource management: A field experiment with fishing communities in Brazil," Ecological Economics, Elsevier, vol. 69(3), pages 613-622, January.
    14. Beyene, Abebe D. & Bluffstone, Randall & Mekonnen, Alemu, 2013. "Community Controlled Forests, Carbon Sequestration and REDD+: Some Evidence from Ethiopia," RFF Working Paper Series dp-13-07-efd, Resources for the Future.
    15. Rakshit, Sandip & Islam, Nazrul & Mondal, Sandeep & Paul, Tripti, 2021. "Mobile apps for SME business sustainability during COVID-19 and onwards," Journal of Business Research, Elsevier, vol. 135(C), pages 28-39.
    16. Barnes, Michele L. & Arita, Shawn & Kalberg, Kolter & Leung, PingSun, 2017. "When does it pay to cooperate? Strategic information exchange in the harvest of common-pool fishery resources," Ecological Economics, Elsevier, vol. 131(C), pages 1-11.
    17. Dutta, Pankaj & Choi, Tsan-Ming & Somani, Surabhi & Butala, Richa, 2020. "Blockchain technology in supply chain operations: Applications, challenges and research opportunities," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 142(C).
    18. Jean, Ruey Jer “Bryan”, 2014. "What makes export manufacturers pursue functional upgrading in an emerging market? A study of Chinese technology new ventures," International Business Review, Elsevier, vol. 23(4), pages 741-749.
    19. Bimonte, Salvatore, 2008. "The "tragedy of tourism resources" as the outcome of a strategic game: A new analytical framework," Ecological Economics, Elsevier, vol. 67(3), pages 457-464, October.
    20. Stephen Polasky & Nori Tarui & Gregory Ellis & Charles Mason, 2006. "Cooperation in the commons," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 29(1), pages 71-88, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:infosf:v:24:y:2022:i:4:d:10.1007_s10796-022-10288-z. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.