lnu.sePublications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
The crypto catalyst
Linnaeus University, School of Business and Economics, Department of Marketing.
Linnaeus University, School of Business and Economics, Department of Marketing.
2018 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

In a scope where continuous innovations are seen each day, the cyberspace can be seen as the tech-entrepreneurs’ playground for delivering new solutions to customers. Digital start-ups who interact through the cyberspace operate with little to no restriction despite having limiting resource. In 2008 a man named Satoshi Nakamoto developed a new technology called blockchain. The new breed of firms providing blockchain solutions have been painted to live in a borderless world with little technical restrictions. Exploring the effects that blockchain brings to their internationalisation has brought our attention to study the early internationalisation of blockchain born globals and their business ecosystem.

The deductive and qualitative approach gave the results from four different companies that were involved in blockchain technology. By using previous theory on internationalisation and a deductive approach a conceptual synthesis was developed. The synthesis was later applied in the case-companies to observe the results.

The findings have shown that the firms implementing blockchain in the core offering has resulted in an accelerated internationalisation. The major factors contributing to this quick internationalisations is the spread of knowledge between buyers and sellers, trough the cyberspace. However, the authors were unable to find a relationship between the accelerated internationalisation and to the extent in which a firm has implemented blockchain in its core offering. The finding has given the authors prominent answers to the research question and has highlighted the complexity of the subject. The, authors conclude the thesis by displaying the importance of cyberspace in the business ecosystem; how it attracts customers and the importance of the company’s business model. Blockchain technology proved to have effects on the process of internationalisation due to superior technological performance, but also its hype.

Place, publisher, year, edition, pages
2018.
Keywords [en]
Blockchain; international business; born global; internationalisation; accelerated internationalisation; business ecosystem; cyberspace; business model; domain specific familiarity
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:lnu:diva-75548OAI: oai:DiVA.org:lnu-75548DiVA, id: diva2:1216364
Subject / course
Business Administration - Marketing
Educational program
International Business Programme, 180 credits
Supervisors
Examiners
Available from: 2018-06-19 Created: 2018-06-11 Last updated: 2018-06-19Bibliographically approved

Open Access in DiVA

fulltext(799 kB)5 downloads
File information
File name FULLTEXT01.pdfFile size 799 kBChecksum SHA-512
041df1a65cc5cc5b1813dee2a88b9acc2485ee01f87c31161442de25fb8e71f48c7c1f6e97c44c991fae1239018bb0bce1a6e4c78e2e5c456aa6019c43a95437
Type fulltextMimetype application/pdf

By organisation
Department of Marketing
Economics and Business

Search outside of DiVA

GoogleGoogle Scholar
Total: 5 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

urn-nbn

Altmetric score

urn-nbn
Total: 16 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf