University of Twente Student Theses
Exploring the potential of blockchain technology in the entrepreneurial ecosystem
Colleije, Rémon (2025) Exploring the potential of blockchain technology in the entrepreneurial ecosystem.
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| Abstract: | This Master's thesis examines the key factors influencing blockchain adoption in entrepreneurial ecosystems. It identifies the main challenges, such as technical complexity, organizational resistance, and unclear regulations, and explores how companies can overcome these barriers to drive innovation. Using a qualitative approach, the study is based on nine semi-structured interviews with blockchain experts, consultants, and IT professionals. The findings show that while blockchain offers benefits like automation, security, and cost reduction, adoption remains difficult due to system integration issues and regulatory uncertainties. Companies that successfully implement blockchain align it with their strategic goals and adapt flexibly to new technologies. This research provides a framework for understanding blockchain adoption and offers practical advice for businesses looking to integrate it. The study highlights the importance of addressing technical, organizational, and legal challenges to fully benefit from blockchain. However, the study has limitations, including a small sample size and a focus on the Netherlands, which may limit generalizability. Future research should expand the sample and explore blockchain’s role in digital transformation alongside other technologies. |
| Item Type: | Essay (Master) |
| Faculty: | BMS: Behavioural, Management and Social Sciences |
| Subject: | 58 process technology |
| Programme: | Business Administration MSc (60644) |
| Link to this item: | https://purl.utwente.nl/essays/105427 |
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