Decentralized governance in action: A governance framework of digital responsibility in startups

The rise of digital technologies has fueled the emergence of decentralized governance among startups. However, this trend imposes new challenges in digitally responsible governance, such as technology usage, business accountability, and many other issues, particularly in the absence of clear guidelines. This paper explores two types of digital startups with decentralized governance: digitally transformed (e.g. DAO) and IT-enabled decentralized startups. We adapt the previously described Corporate Digital Responsibility model into a streamlined seven-cluster governance framework that is more directly applicable to these novel organizations. Through a case study, we illustrate the practical value of the conceptual framework and find key points vital for digitally responsible governance by decentralized startups. Our findings lay a conceptual and empirical groundwork for in-depth and cross-disciplinary future inquiries into digital responsibility issues in decentralized settings.

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Publication Details

Journal
Journal of Responsible Technology
Published
2025-01-10
DOI
https://doi.org/10.1016/j.jrt.2025.100107
Citations
4
Primary Topic
FinTech, Crowdfunding, Digital Finance
Type
article
Field-Weighted Citation Impact
9.14

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article

Decentralized governance in action: A governance framework of digital responsibility in startups

YangYang Zhao, J. Qiu
4 citations
Journal of Responsible Technology
FinTech, Crowdfunding, Digital Finance
9.14
article

Decentralized governance in action: A governance framework of digital responsibility in startups

YangYang Zhao, J. Qiu
article en
4 citations

Abstract

The rise of digital technologies has fueled the emergence of decentralized governance among startups. However, this trend imposes new challenges in digitally responsible governance, such as technology usage, business accountability, and many other issues, particularly in the absence of clear guidelines. This paper explores two types of digital startups with decentralized governance: digitally transformed (e.g. DAO) and IT-enabled decentralized startups. We adapt the previously described Corporate Digital Responsibility model into a streamlined seven-cluster governance framework that is more directly applicable to these novel organizations. Through a case study, we illustrate the practical value of the conceptual framework and find key points vital for digitally responsible governance by decentralized startups. Our findings lay a conceptual and empirical groundwork for in-depth and cross-disciplinary future inquiries into digital responsibility issues in decentralized settings.

Journal of Responsible TechnologyVol. 21
University of Oslo (NO), Oslotech (Norway) (NO)
Universitetet i Oslo
Openalex Percentile: Top 3%
FinTech, Crowdfunding, Digital Finance
9.14
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Decentralized governance in action: A governance framework of digital responsibility in startups — YangYang Zhao, J. Qiu · Journal of Responsible Technology (2025) | TGRS Research Map | TGRS