Blockchain as Schumpeter Mark 1 or Mark 2? An empirical analysis of blockchain job offers in France and Germany

Innovation: mapping the winds of creative destruction

Martin Cimiterra, Jackie Krafft and Lionel Nesta

Industrial and Corporate Change, 2021, vol. 30, issue 6, 1388-1402

Abstract: This article investigates whether blockchain technology corresponds to Schumpeter Mark 1 or Mark 2 industrial dynamics. Using an original database of 385 job offers in three different domains, namely, blockchain, biotechnology, and storekeeping, posted by 285 companies in France and Germany in early 2019, we explore whether the usual Schumpeter Mark 1 and 2 attributes apply to blockchains. We use ordered multinomial probit models to explain the level of work experience demanded by companies. To our knowledge, this contribution is one among very few attempts to identify the main features of blockchain industrial dynamics.

Date: 2021
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Working Paper: Blockchain as Schumpeter Mark 1 or Mark 2? An empirical analysis of blockchain job offers in France and Germany (2021)
Working Paper: Blockchain as Schumpeter Mark 1 or Mark 2? An empirical analysis of blockchain job offers in France and Germany (2021)
Working Paper: Blockchain as Schumpeter Mark 1 or Mark 2? An empirical analysis of blockchain job offers in France and Germany (2021)
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