{"title":"On-Chain Governance of Decentralized Autonomous Organizations: Blockchain Organization Using Semada","authors":"C. Calcaterra","doi":"10.2139/ssrn.3188374","DOIUrl":"https://doi.org/10.2139/ssrn.3188374","url":null,"abstract":"This paper initiates an analysis of the consequences of different options in the choice of regulatory protocols and reward structures when founding distributed autonomous organizations (DAOs) on a blockchain. The Semada Team invites all interested parties to participate in and contribute to this joint vision herein and related research projects. With the proper incentives, independent and selfish actors can be organized to collaborate productively toward a common goal. The objective is to identify the ideal protocols that should be chosen for promoting the values and goals of any particular DAO. On-chain governance gives DAOs the opportunity to achieve complete decentralization, anonymity, and autonomy. The first incentive structure that encourages healthy collaboration is a focus on long-term reputation instead of instantly fungible currency rewards. When the focus is on reputation instead of more fungible rewards, damaging arbitrage is demotivated. The Semada platform is a fully decentralized and autonomous blockchain distributed application (DApp) which vests users with verified reputation. Semada is designed to be secure against all known attacks on digital reputation, including Sybil attacks and tyranny of the majority. \u0000The next major concern for creating a healthy DAO is a governance model that rewards value enhancing contributions from DAO members, deters bad actors, and evolves over time as circumstances change. No single, static protocol for running a DAO can be complicated enough to properly reflect the will of its members, while remaining immune to gaming by naturally selfish parties. Yet, DAO governance requires a clear system for reaching consensus on new protocols for DAO member behavior. \u0000We propose a clear procedure for achieving on-chain regulatory and legislative governance. Semada is designed as an evolutionary platform which rewards continual development of new governance protocols to anticipate and react to inevitable internal and external attacks. Unlike centralized platforms with reputational elements, the decentralized Semada platform gives users complete power to improve the platform and police any diminishments. Semada incentivices value-enhancing contributions and legitimate policing by sharing the totality of all profits amongst its users.","PeriodicalId":352735,"journal":{"name":"ORG: Action Research & Change (Topic)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129696277","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Collective Rights Organizations: A Guide to Benefits, Costs and Antitrust Safeguards","authors":"R. Gilbert","doi":"10.1017/9781316416723.011","DOIUrl":"https://doi.org/10.1017/9781316416723.011","url":null,"abstract":"Collective rights organizations (CROs) are patent pools, copyright collectives and cross-licensing arrangements that coordinate the licensing of intellectual property rights. CROs can have efficiency benefits by reducing transaction costs, eliminating royalty stacking and resolving conflicting claims by rights owners. However, CROs also can have potential antitrust risks by raising prices, excluding competition for technology rights or downstream products, shielding weak patents and reducing incentives for innovation. The availability of independent licensing mitigates but does not eliminate the risk of anticompetitive practices by a collective rights organization. Antitrust enforcers should be vigilant about collective rights organizations that may harm competition while also respecting the large benefits that these institutions can create for consumers.","PeriodicalId":352735,"journal":{"name":"ORG: Action Research & Change (Topic)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-01-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129147977","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Declaration of Business School Independence","authors":"J. Stoner","doi":"10.2139/ssrn.3163080","DOIUrl":"https://doi.org/10.2139/ssrn.3163080","url":null,"abstract":"The Declaration of Business School Independence is a somewhat tongue-in-cheek, somewhat serious, line-by-line ”rewriting” of the United States Declaration of Independence. In place of seeking the American colonies’ freedom from the perceived and enumerated oppressions of the British Crown, this version of the declaration seeks to liberate global business schools, and the world, from the oppressive and destructive theories and thinking of the present Neoliberal global paradigm taught in business schools. The new declaration lists harmful and destructive teachings that occur in finance, marketing, accounting, economics, management, and ethics and calls for their replacement by teaching and research that will contribute to a sustainable/flourishing world – a world that works for everyone with no one left out. This new declaration was inspired by the following resolution unanimously passed on July 18, 2016, at the combined World Forum of the International Association of Jesuit Business Schools and the Annual Meeting of the Colleagues in Jesuit Business Education in Nairobi Kenya: The annual meeting of the IAJBS requests the IAJBS leadership, CJBE leadership, and the rest of the network of Jesuit business schools to work together to apply for the MacArthur Foundation 100 million dollar 100&change competition with a project to transform Jesuit business education to be fully aligned with the wisdom in Laudato Si, with our universally-valid Jesuit educational tenets, and with the need for global sustainability, social justice, and poverty alleviation. Although referring only to Jesuit business education, the resolution and the subsequent 100&change application seek to transform all of global business education as a vehicle for transforming the entire global producing-distributing-consuming system.","PeriodicalId":352735,"journal":{"name":"ORG: Action Research & Change (Topic)","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-07-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133462915","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}