Birkbeck Centre for Innovation Management Research

The Birkbeck Centre for Innovation Management Research is a research centre of Birkbeck, University of London.

  • The Centre’s research portfolio draws on a variety of academic disciplines across the fields of management, law, geography, economics and science policy.
  • Thematically it encompasses the role of innovation systems, intellectual property rights, markets, social capital, entrepreneurship, globalisation, and more.
  • The implications for management (business and public) and for policy are central to our research.
  • The Centre’s academic team delivers high quality teaching to undergraduates, postgraduates and professionals in the field of innovation and entrepreneurship.

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The Future of Money and Further Applications of the Blockchain

Strategic Change: Briefings in Entrepreneurial Finance. September 2017 edition.

FDigital currency like Bitcoin is part of the general digitisation, global transfer of information and economic development based on disintermediation, time saving, and continuing cost reduction. The main problem that is still affecting digital payments derives from the lack of a trustworthy mechanism of secure transfers of assets without financial intermediation. This is the matter to which the special September 2017 issue 26(5) of Wiley’s journal Strategic Change: Briefings in Entrepreneurial Finance sponsored by Birkbeck College, University of London is dedicated under the title “The Future of Money and Further Applications of the Blockchain” (http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1099-1697)

In 11 articles, this issue discusses the present system of payments in digital currency consisting in the so-called cryptographically enabled distributed ledger popularly referred to as the Bitcoin-developed “blockchain”. The first article by Richard Adams, Glenn Parry, Phil Godsiff, and Peter Ward introduces and summarizes the whole issue and briefly discusses the present state of the blockchain technology application. The common research question is ‘what are new technologies like Bitcoin and blockchain for?’ The discussion of the contributors from academia and practice, actively engaged in the field, focuses also on the disruptive potential of blockchain for incumbent and start-up organisations. Some of these contributors are powerful in the community and have numerous companies being able to report real problems and suggest further developments.

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