题目:Finance, technology and disruption
作者:An, JF (An, Jiafu)[ 1,2 ] ; Rau, R (Rau, Raghavendra)[ 3 ]
EUROPEAN JOURNAL OF FINANCE
DOI: 10.1080/1351847X.2019.1703024
在线发表日期: DEC 2019
文献类型:Article; Early Access
摘要
In this paper, we assess how recent technology advances have changed the way we coordinate. After a brief discussion of the common challenges to effective coordination, we highlight some important implications of technology on addressing informational and behavioral frictions. We focus on discussing the effects of three specific technology developments including artificial intelligence (AI), automation, and blockchain, on the choice of coordination modes. We argue that technology is shifting the boundaries between firms and markets and is opening the door to new research directions.
关键词
作者关键词:Coordination; technology; boundaries of firm; AI; automation; blockchain
KeyWords Plus:VERTICAL INTEGRATION; SKILL; MARKETS; SIZE