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Scientific Article details

Title Blockchain for the circular economy, implications for public governance
ID_Doc 1462
Authors Llano, EA; Hurmelinna-Laukkanen, P; Haapanen, L
Title Blockchain for the circular economy, implications for public governance
Year 2024
Published
DOI 10.1108/IJPSM-12-2023-0365
Abstract Purpose This study examines the intricate interplay of blockchain, public governance and the circular economy (CE), aiming to assess the potential of blockchain technology (BT) in addressing challenges associated with the adoption of CE principles, particularly in the public sector.Design/methodology/approach Focused on public governance, the research employs in-depth interviews with Finnish policymakers actively engaged in CE initiatives. Qualitative analysis is applied to derive insights and patterns from the gathered data, providing a nuanced understanding of blockchain's transformative role.Findings The study uncovers key dimensions for leveraging blockchain in the CE within the public sector. Notable findings include the significance of contextual transparency, the use of incentivization as a regulatory tool, the role of standardization through strategic autonomy and the importance of public engagement and participation.Originality/value This research contributes a unique framework that illuminates the transformative potential of blockchain within the CE, emphasizing its relevance to public governance. The identified dimensions offer practical insights for policymakers and practitioners seeking to navigate the complexities of circular transitions in the public sector.
Author Keywords Blockchain technology; Governance; Circular economy; Decision-makers; Innovation
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:001284067100001
WoS Category Management; Public Administration
Research Area Business & Economics; Public Administration
PDF https://www.emerald.com/insight/content/doi/10.1108/IJPSM-12-2023-0365/full/pdf?title=blockchain-for-the-circular-economy-implications-for-public-governance
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