kaal:claim:3227933-002

Earlier technological revolutions produced greater organizational centralization, because societies responded to the uncertain meaning, effects, and risks of new technology by pooling authority; the current digital transformation reverses this pattern.

Source quote, verbatim

Previous technological revolutions led to a concentration of such organizations, as society adapted to the uncertain meaning, effects, and risks of technological change by pooling (i.e., centralizing) authority.

From

Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018), 1. Introduction, p. 5
https://ssrn.com/abstract=3227933 · source PDF

Cite as

Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933

Holds when

applies to periods of technological uncertainty

Classification

mechanismsupport: argueddecentralizationinstitutional-design

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