Table 4

Applicability of open innovation principles (see Table 2) to blockchain in construction

Categories of principlesClosed innovation (CI) principlesOpen innovation (OI) principlesIndicative interviewee arguments in support of CIIndicative interviewee arguments in support of OI
Human resources (HR)122Not a huge difference from how we manage it todayWe need to find and train the best skills
Research and development (R&D)320We have our own dedicated R&D departmentsWe take advantage of developments from open consortia
Commercialisation320Government needs to help us internalise these initiativesBlockchain ecosystems are useful in the pre-competitive stage
Business models914Construction firm protect existing business modelsBusinesses need to align with technology
Idea creation023N/AWe take advantage of ideas around blockchain
Intellectual property (IP)1112Construction does not have the culture of sharing dataBlockchain needs companies sharing their data
Total interviewees2323N/AN/A

Note(s): N/A: Not Applicable

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