Antecedents of blockchain adoption: An integrative framework

Clohessy, Trevor; Treiblmaier, Horst; Acton, Thomas; Rogers, Nichola

doi:10.1002/jsc.2360

Cited by 66 publications

(57 citation statements)

References 95 publications

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“…ere can also be user apprehensions about privacy and security of the data due to concerns like data vulnerability with respect to distributed ledgers [12], high level of available visibility of data [8], the tradeoff between speed of transactions, and security [9]. e extant literature has also reported security concerns as an important consideration in the adoption of blockchain technology by organizations [9,12,51]. e adoption of blockchain technology is expected to increase operational efficiency and reduce waste and transaction and processing costs [55].…”

Section: Hypothesis Development-organizational Contextmentioning

confidence: 99%

“…Furthermore, a limited number of studies ascertained the technology adoption by supply chains of SMEs in a developing country like India [8,11]. e existing studies have used various theoretical models and constructs to ascertain the determinants of blockchain technology adoption by supply chains of the organizations [8,9,12,13]. One of the major limitations as pointed out by most of these studies has been the use of only a few antecedents to assess the determinants of the technology.…”

Section: Introductionmentioning

confidence: 99%

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Determinants of Blockchain Technology Adoption in Supply Chains by Small and Medium Enterprises (SMEs) in India

Bhardwaj

Garg

Gajpal

2021

Mathematical Problems in Engineering

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In recent times, organizations are increasingly adopting blockchain technology in their supply chains due to various advantages such as cost optimization, effective and verified record-keeping, transparency, and route tracking. This paper aims to examine the factors influencing the intention of small and medium enterprises (SMEs) in India to adopt blockchain technology in their supply chains. A questionnaire-based survey was used to collect data from 216 SMEs in the northern states of India. The study has considered an integrated technology adoption framework consisting of the Technology Acceptance Model (TAM), Diffusion of Innovation (DOI), and Technology-Organization-Environment (TOE). Using this integrated TAM-TOE-DOI framework, the study has proposed eleven hypotheses related to factors of blockchain technology adoption. Confirmatory factor analysis (CFA) and structural equation modeling (SEM) have been used to test the hypotheses. The results show that relative advantage, technology compatibility, technology readiness, top management support, perceived usefulness, and vendor support have a positive influence on the intention of Indian SMEs to adopt blockchain technology in their supply chains. The complexity of technology and cost concerns act as inhibitors to the technology adoption by SMEs. Furthermore, the three factors, namely, security concerns, perceived ease of use, and regulatory support, do not influence the intention to adopt the technology. The study contributes to filling a significant gap in the academic literature since only a few studies have endeavored to ascertain the technology adoption factors by supply chains of SMEs in a developing country like India. The study has also proposed a novel integrated technology adoption framework that can be employed by future studies. The findings are expected to enable SMEs to understand important factors to be considered for adopting blockchain technology in their supply chains. Furthermore, the study may benefit the blockchain technology developers and suppliers as they can offer customized solutions based on the findings.

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Section: Hypothesis Development-organizational Contextmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Determinants of Blockchain Technology Adoption in Supply Chains by Small and Medium Enterprises (SMEs) in India

Bhardwaj

Garg

Gajpal

2021

Mathematical Problems in Engineering

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“…Cluster 3 revolves around applications of well-established theories such as the force field theory, the technology, organization, and environment (TOE) theory [97,115,135], technology acceptance model (TAM), technology readiness index, theory of planned behavior [108], and the unified theory of acceptance and use of technology (UTAUT) [46,112]. These theories were challenged and advanced through empirically oriented testing methods, including surveys.…”

Section: Adoption Triggers and Barriers Of Blockchain Technology In Supply Chainsmentioning

confidence: 99%

Blockchain Technologies in Logistics and Supply Chain Management: A Bibliometric Review

Rejeb

Rejeb²,

Simske

et al. 2021

Logistics

Self Cite

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The emergence of blockchain technology has sparked significant attention from the supply chain management (SCM) and logistics communities. In this paper, we present the results from a thorough bibliometric review that analytically and objectively identifies the intellectual structure of this field, the seminal papers, and the most influential scholars. We employ a knowledge domain visualization technique to generate insights that go beyond other review studies on blockchain research within logistics and SCM. The analysis starts with selecting a total of 628 papers from Scopus and the Web of Science that were published during 2016–2020. The bibliometric analysis output demonstrates that the number of blockchain papers has rapidly increased since 2017. The most productive researchers are from the USA, China, and India. The top academic institutions contributing to the literature are also identified. Based on network analyses, we found that the literature concentrates mainly on the conceptualization of blockchain; its potentials for supply chain sustainability; its adoption triggers and barriers; and its role in supporting supply chain agility, trust, protection of intellectual property, and food/perishable supply chains. Besides systematically mapping the literature, we identify several research gaps and propose numerous actionable research directions for the future. This study enriches the extant blockchain literature, provides a timely snapshot of the current state of research, and examines the knowledge structure of blockchain research in logistics and SCM with the help of evidence-based scientometric methods.

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“…Therefore, the research model of this study will be based on the TOE framework in order to explore the detailed rationales behind blockchain adoption under these three domains. Various technology adoption studies have used the TOE framework (Bhatiasevi & Naglis, 2018;Chiu et al, 2017;Espadanal & Oliveira, 2012;Gangwar et al, 2015;Li et al, 2015;Matias & Hernandez, 2021;Troshani et al, 2010;Wang et al, 2010), as have studies of multiple blockchain adoption, both completely and partially (Carter & Ubacht, 2018;Clohessy et al, 2020;Holotiuk & Moormann, 2018;Ramanathan et al, 2017;Wong et al, 2019).…”

Section: Blockchain In Thailandmentioning

confidence: 99%

Drivers of Blockchain Adoption in Financial and Supply Chain Enterprises

Suwanposri

Bhatiasevi

Thanakijsombat

2021

Global Business Review

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The arrival of blockchain technology has disrupted many business sectors globally, encouraging enterprises to employ it and digitize their operations to work more efficiently. This study has gathered practical insights from many organizational blockchain experts to explore the drivers of blockchain technology adoption at the organizational level and differences in discovered drivers across financial and supply chain industries. This qualitative study is conducted based on grounded theory, using Technology-Organization-Environment (TOE) as a framework for blockchain adoption drivers in Thailand, as identified from in-depth interviews with blockchain experts of 12 Thai financial and supply chain organizations. The findings have shown that operational efficiency, suitable application, supportive governmental policies and regulations, and stakeholders’ cooperation are newly emerged TOE factors, and that each of the focussed sectors weighs environmental factors differently due to naturally different goals and the business model of each sector, which ultimately guides the future adopters in blockchain adoption.

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Antecedents of blockchain adoption: An integrative framework

Cited by 66 publications

References 95 publications

Determinants of Blockchain Technology Adoption in Supply Chains by Small and Medium Enterprises (SMEs) in India

Determinants of Blockchain Technology Adoption in Supply Chains by Small and Medium Enterprises (SMEs) in India

Blockchain Technologies in Logistics and Supply Chain Management: A Bibliometric Review

Drivers of Blockchain Adoption in Financial and Supply Chain Enterprises

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