The term ’institutional isomorphism’ refers to similarities in the structure and processes of independent organizations. In the past, the spread of information and the adoption of similar practices was slower and often limited to organizations within a single country or region. But in the newly emerging institutional field of blockchain networks and decentralized autonomous organizations (DAOs) [1] that benefit from near-instant global communications via the Internet, isomorphism develops much faster.

In their 1983 paper titled “The Iron Cage Revisited: Institutional Isomorphism and Collective Rationality in Organizational Fields,“ DiMaggio and Powell [2] discuss three forms of isomorphic change: normative, mimetic, and…

Mario Laul

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