TY - JOUR
T1 - Non-fungible token-enabled entrepreneurship
T2 - A conceptual framework
AU - Chandra, Yanto
PY - 2022/11
Y1 - 2022/11
N2 - Non-fungible tokens (NFTs) have taken the world by storm. Initially started as an art/game experiment, the NFT has given rise to a new form of entrepreneurship in the virtual world with massive opportunities and affordances. However, research into the entrepreneurial aspect of NFTs and the role of agency in the process is limited. In this article, I examine the concept of NFT-enabled Entrepreneurship (or NFTE). I first identify the main characteristics of NFTs, then define NFTE and discuss the related assumptions, and finally propose a conceptual framework for NFTE and investigate its enablers. I conclude by proposing NFTE as a novel domain of entrepreneurship theory and practice with extensive new research opportunities, and the plausibility of using NFT as an alternative mode of knowledge production in which scholars become “NFT creators.” © 2022 The Author.
AB - Non-fungible tokens (NFTs) have taken the world by storm. Initially started as an art/game experiment, the NFT has given rise to a new form of entrepreneurship in the virtual world with massive opportunities and affordances. However, research into the entrepreneurial aspect of NFTs and the role of agency in the process is limited. In this article, I examine the concept of NFT-enabled Entrepreneurship (or NFTE). I first identify the main characteristics of NFTs, then define NFTE and discuss the related assumptions, and finally propose a conceptual framework for NFTE and investigate its enablers. I conclude by proposing NFTE as a novel domain of entrepreneurship theory and practice with extensive new research opportunities, and the plausibility of using NFT as an alternative mode of knowledge production in which scholars become “NFT creators.” © 2022 The Author.
KW - Enabler
KW - Entrepreneurship
KW - NFT
KW - Non-fungible token
KW - Virtual
UR - http://www.scopus.com/inward/record.url?scp=85130470904&partnerID=8YFLogxK
UR - https://www.scopus.com/record/pubmetrics.uri?eid=2-s2.0-85130470904&origin=recordpage
U2 - 10.1016/j.jbvi.2022.e00323
DO - 10.1016/j.jbvi.2022.e00323
M3 - RGC 21 - Publication in refereed journal
SN - 2352-6734
VL - 18
JO - Journal of Business Venturing Insights
JF - Journal of Business Venturing Insights
M1 - e00323
ER -