From Open Banking Regulation to Platform Orchestration: The Evolution of Digital Platform Governance
通过七年追踪研究，揭示开放银行监管下平台治理从合规执行到战略扩张再到生态编排的三阶段演进，为政策驱动的数字平台管理提供理论指导。
ABSTRACT This study contributes to information systems (IS) scholarship by extending platform governance theory to regulatory contexts, explaining how regulatory forces co‐evolve with technological architectures to shape openness and control. This research examines the evolution of platform governance in the context of open banking, where regulatory mandates compel incumbent banks to open their infrastructures to third‐party access, by drawing on digital platform governance theory and a seven‐year interpretive study. Open banking provides a unique empirical setting in which platform orchestration is co‐constructed by banks, regulators, and emerging fintechs. The research identifies three phases of platform governance evolution: regulatory interpretation and codification, marked by technical prescription and restrictive due diligence; strategic platform expansion, characterised by curated innovation co‐design and tiered platform access; and platform ecosystem orchestration, with distributed governance and adaptive gateways. The study theorises the antecedents, governance mechanisms, outcomes, and enablers and inhibitors shaping the three phases and the transitions between them. The study offers theoretical and practical insights for managing platform governance evolution, in policy‐driven digital platform environments where platformization is not voluntary.