Larger fund managers will adopt blockchain only once the long term benefits exceed implementation cost, and because that cost is much larger for them than for the smaller managers now experimenting, the threshold is higher for larger managers.
Source quote, verbatim
If and when the long-term benefits of using the technologies exceed the implementation cost, which are much larger for larger managers than for the smaller managers who are currently experimenting with such technologies, larger managers are incentivized to start the innovation process as well.
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Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017), IV. Private Investment Funds Use of Blockchain Technology, p. 22 https://ssrn.com/abstract=3002908 · source PDF
Cite as
Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017). SSRN: https://ssrn.com/abstract=3002908
restated_bykaal:claim:3409548-038 Large managers will begin innovating only once the long-term benefits of the technologies exceed their impleme...
restateskaal:claim:2998033-026 Large managers will begin adopting blockchain and related technologies only once the long term benefits exceed...
extendskaal:claim:2959730-027 The threshold for change for bigger fund managers is dictated by the implementation cost of the new technologi...
supersedeskaal:claim:2959730-028 Larger managers will be incentivized to begin the innovation process if and when they realize that smaller com...
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