Factors affecting blockchain adoption in Italian companies: the moderating role of firm size.

Prisco, Anna; Abdallah, Yaser; Morandé, Swapnil; Gheith, Mohamed Hani

doi:10.1080/09537325.2022.2155511

Cited by 7 publications

(7 citation statements)

References 61 publications

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“…Many scholars have emphasized the importance of the size of the companies in regard to technology acceptance and adoption [59][60][61]. Schumpeter (1986) contended that large corporations have enough competence and resources to invest in technology development and innovation, whereas small and medium enterprises do not [62].…”

Section: Firm Size and New Technology Adoptionmentioning

confidence: 99%

“…When it comes to adopting new technologies or products for companies, relationships between firm size and new technology adoption are controversial [59][60][61]. Particularly, large firms play an essential role in the technological innovation, development, and distribution of new products, and act as innovators for technological development [64,65,67].…”

Section: Firm Sizementioning

confidence: 99%

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Firm Size and Artificial Intelligence (AI)-Based Technology Adoption: The Role of Corporate Size in South Korean Construction Companies

Heo

Choi

et al. 2023

Buildings

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This research addresses the factors that impact the acceptance of AI-based technologies or products depending upon firm size in the construction industry, in which various corporates exist. In order to achieve the research goals, a technology acceptance model was applied to investigate the influencing factors in respect to adopting AI-based technologies or products. From the research results, technological and organizational factors were found to positively influence perceived usefulness and perceived ease of use. Corporate users perceived that technology is useful to their work and is easy to use when enough capital and education were invested prior to the company adopting AI-based technologies or products. It was found that perceived ease of use and perceived usefulness indicate satisfaction with new technology, and the higher the intention to use, the higher the satisfaction. In addition, as various information sharing and distribution channels increase, the frequency of use of new technologies or products also increases, not through traditional marketing, but through viral marketing via social media or promotion by influential persons or organizations. Furthermore, there are differences in the adoption of AI-based technologies or products depending on the size of the company.

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Section: Firm Size and New Technology Adoptionmentioning

confidence: 99%

Section: Firm Sizementioning

confidence: 99%

Firm Size and Artificial Intelligence (AI)-Based Technology Adoption: The Role of Corporate Size in South Korean Construction Companies

Heo

Choi

et al. 2023

Buildings

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“…Regulatory and legal factors are essential considerations for blockchain adoption. Organisations must navigate the regulatory environment and ensure compliance with applicable laws and regulations [61]. This includes understanding the implications of blockchain technology on existing legal frameworks, such as contract law and data protection regulations [48].…”

Section: Regulatory and Legal Factorsmentioning

confidence: 99%

Investigating the Factors Influencing the Adoption of Blockchain Technology across Different Countries and Industries: A Systematic Literature Review

Marengo

Pagano

2023

Electronics

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Despite the reported disruptive nature of blockchain technology in the extant literature, its adoption is slower than its potential. This difference between the technology’s promises and its current adoption has sparked interest in understanding the factors impeding widespread adoption. This systematic literature review (SLR), drawn from 1786 studies published between 2008 and May 2023, seeks to address this gap. Specifically, our research explores the influence of factors and their differences and commonalities on blockchain adoption. The SLR, examining individual and organisational perspectives, identifies 152 unique factors influencing 25 industries across 21 countries. This review also highlights distinct commonalities and variations in these factors across industries and countries. For instance, while regulatory issues and costs were universal concerns, the importance of technical understanding diverged between industries. Furthermore, country-specific factors, including local regulations and cultural aspects, emerged as significantly influenced insights that provide a comprehensive perspective on the dynamics of blockchain adoption, offering valuable guidance to industry practitioners and researchers striving to navigate the complexities of blockchain integration.

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“…According to Carbo, Gardener, and Williams (2003) technical progress has resulted in an average annual reduction of approximately 3.4% in the total costs for savings banks. As digital technologies continue to expand at a rapid pace, financial sectors are increasingly focusing their a ttention on these transformations, recognizing their significant impact on the global economy (Mohd Faizal, Jaffar, & Mohd Nor, 2022;Prisco, Abdallah, Morande, & Gheith, 2022). A network of computers that validates and verifies transactions maintains a ledger, doing away with the need for intermediaries (Raddatz, Coyne, Menard, & Crossler, 2023;Rehman et al, 2022).…”

Section: Blockchain Technology In Banking Sectormentioning

confidence: 99%

“…However, despite the substantial benefits offered by BCT, there is a limited understanding of the factors influencing customers' behavioral intentions towards commercial banks that adopt this technology, specifically in the retail banking sector. Despite its usefulness, BCT has been the subject of limited research and industrial implementation (Prisco et al, 2022). Mathivathanan, Mathiyazhagan, Rana, Khorana, and Dwivedi (2021) studied barriers to the adoption of blockchain technology and the interrelationships between these barriers.…”

Section: Blockchain Technology In Banking Sectormentioning

confidence: 99%

The impact of blockchain technology on customer attitude and behavioral intentions in the banking sector

Jayaraman,

Azad,

Ahmed

et al. 2023

5009

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This study examines customer attitudes towards blockchain technology (BCT)-supported banking applications in Oman and explores the relationship between these attitudes and behavioral intentions, highlighting the influencing factors. Blockchain Technology (BCT) has disrupted the banking sector, but understanding customer attitudes towards BCT-supported banking applications and their impact on behavior remains limited. In pursuit of this objective, a quantitative research design was employed, involving the collection of data from retail bank customers in Oman through a structured questionnaire. The collected data underwent rigorous analysis using a robust Structural Equation Model, confirming the constructs' validity, reliability, and distinctiveness. The study uncovered that BCT has a positive impact on various aspects of the banking sector, including customer service quality, regulatory compliance, secured transactions, and cost reduction. By augmenting transparency, efficiency, and trust in banking transactions, BCT significantly improves customer attitudes towards BCT-supported banks. Furthermore, the research reveals that positive attitudes play a pivotal role in influencing customers' intentions to prefer and continue using these blockchain-backed banks. The study also highlights the importance of trust factors and transaction frequency as moderators in shaping customer attitudes and behavioral intentions in this context. The insights gleaned from this research hold practical significance for banks operating in Oman, offering guidance for tailored marketing campaigns, product design, and aligning their offerings with customer expectations in the realm of blockchain-supported banking applications. Additionally, the study provides practical recommendations for the successful implementation and adoption of blockchain-supported financial applications within the banking sector.

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Factors affecting blockchain adoption in Italian companies: the moderating role of firm size.

Cited by 7 publications

References 61 publications

Firm Size and Artificial Intelligence (AI)-Based Technology Adoption: The Role of Corporate Size in South Korean Construction Companies

Firm Size and Artificial Intelligence (AI)-Based Technology Adoption: The Role of Corporate Size in South Korean Construction Companies

Investigating the Factors Influencing the Adoption of Blockchain Technology across Different Countries and Industries: A Systematic Literature Review

The impact of blockchain technology on customer attitude and behavioral intentions in the banking sector

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