Blockchain Ecosystem in Construction: Open or Closed Innovation?

Eleni Papadonikolaki; Algan Tezel; Ibrahim Yitmen; Per Hilletofth

Blockchain Ecosystem in Construction: Open or Closed Innovation?

Eleni Papadonikolaki^*, Algan Tezel, Ibrahim Yitmen, Per Hilletofth

^*Corresponding author for this work

Engineering Systems & Supply Chain Management

Research output: Chapter in Book/Published conference output › Conference publication

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.

Original language	English
Title of host publication	Proceedings of the 37th Conference and Annual General Meeting, ARCOM Conference 2021: Recover, Rebuild and Renew.
Publication status	Accepted/In press - 6 Sept 2021
Event	ARCOM Conference 2021: Recover, Rebuild and Renew - Duration: 6 Sept 2021 → 7 Sept 2021

Conference

Conference	ARCOM Conference 2021: Recover, Rebuild and Renew
Period	6/09/21 → 7/09/21

Bibliographical note

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

Keywords

Information technology
innovation
partnering
technology transfer

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2021-ARCOM-Blockchain Ecosystem in Construction-Open or Closed Innovation_Papadonikolaki
© Association of Researchers in Construction Management
Accepted author manuscript, 338 KB

Cite this

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title = "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.",

keywords = "Information technology, innovation, partnering, technology transfer",

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AU - Papadonikolaki, Eleni

AU - Tezel, Algan

AU - Yitmen, Ibrahim

AU - Hilletofth, Per

N1 - 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

PY - 2021/9/6

Y1 - 2021/9/6

N2 - 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.

AB - 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.

KW - Information technology

KW - innovation

KW - partnering

KW - technology transfer

UR - https://www.arcom.ac.uk/conf-2021.php

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ER -

Blockchain Ecosystem in Construction: Open or Closed Innovation?

Abstract

Conference

Bibliographical note

Keywords

Access to Document

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