The V-form organisation and the future of the firm

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Chapter 7 in Understanding the Blockchain Economy, 2019, pp 120-137 from Edward Elgar Publishing

Abstract: This chapter details how blockchains facilitate a new category of firm: the V-form organisation, where vertical integration is outsourced to a distributed ledger. The chapter first outlines the evolution of the firm from the unitary structure (U-form) to the multidivisional (M-form), and explains how V-form organisations are distinct. V-form organisations are structured around supply chains of information. The chapter looks at the experience of V-form organisations so far, and makes some predictions about the future of the firm, which the authors expect to be smaller, less hierarchical, and more networked.

Keywords: Economics and Finance; Innovations and Technology (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (4)

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