IDEAS home Printed from https://ideas.repec.org/a/bpj/jossai/v9y2021i3p280-309n3.html
   My bibliography  Save this article

Blockchain Technology Investment and Sharing Strategy of Port Supply Chain Under Competitive Environment

Author

Listed:
  • Liu Jiaguo

    (School of Maritime Economics and Management, Dalian Maritime University, Dalian116026, China)

  • Zhang Huimin

    (School of Maritime Economics and Management, Dalian Maritime University, Dalian116026, China)

  • Zhao Huida

    (School of Maritime Economics and Management, Dalian Maritime University, Dalian116026, China)

Abstract

Blockchain technology plays a very positive role in promoting the development of the port supply chain. Although there are some practical examples of blockchain in the port supply chain (eg. Trade Len or Cargo Smart), there are few application scenarios. Therefore, blockchain technology has yet to be widely used in the port industry. This may be related to the construction of blockchain. This paper analyzes the impact of blockchain technology on the port supply chain and the technology sharing on the shipping market. It is found that the investment of blockchain technology in a competitive environment has different characteristics. When the efficiency of technology investment and the proportion of market expansion reach a certain combination, there are two different equilibrium strategy choices: Only technology investment or technology sharing. Based on the above research results, this paper further investigates the results of the comprehensive influence of different factors such as competition intensity and market expansion proportion.

Suggested Citation

  • Liu Jiaguo & Zhang Huimin & Zhao Huida, 2021. "Blockchain Technology Investment and Sharing Strategy of Port Supply Chain Under Competitive Environment," Journal of Systems Science and Information, De Gruyter, vol. 9(3), pages 280-309, June.
    • Handle: RePEc:bpj:jossai:v:9:y:2021:i:3:p:280-309:n:3
    DOI: 10.21078/JSSI-2021-280-30
    as

    Download full text from publisher

    File URL: https://doi.org/10.21078/JSSI-2021-280-30
    Download Restriction: no
    File URL: https://libkey.io/10.21078/JSSI-2021-280-30?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Sarat K. Jena & Purushottam L. Meena, 2019. "Price and Service Competition in a Tourism Supply Chain," Service Science, INFORMS, vol. 11(4), pages 279-291, December.
    2. Sara Saberi & Mahtab Kouhizadeh & Joseph Sarkis & Lejia Shen, 2019. "Blockchain technology and its relationships to sustainable supply chain management," International Journal of Production Research, Taylor & Francis Journals, vol. 57(7), pages 2117-2135, April.
    3. Mehrdokht Pournader & Yangyan Shi & Stefan Seuring & S.C. Lenny Koh, 2020. "Blockchain applications in supply chains, transport and logistics: a systematic review of the literature," International Journal of Production Research, Taylor & Francis Journals, vol. 58(7), pages 2063-2081, April.
    4. Choi, Tsan-Ming & Feng, Lipan & Li, Rong, 2020. "Information disclosure structure in supply chains with rental service platforms in the blockchain technology era," International Journal of Production Economics, Elsevier, vol. 221(C).
    5. Chang, Shuchih Ernest & Chen, Yi-Chian & Lu, Ming-Fang, 2019. "Supply chain re-engineering using blockchain technology: A case of smart contract based tracking process," Technological Forecasting and Social Change, Elsevier, vol. 144(C), pages 1-11.
    6. Liu, Jiaguo & Wang, Junjin, 2019. "Carrier alliance incentive analysis and coordination in a maritime transport chain based on service competition," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 128(C), pages 333-355.
    7. Chuanxu Wang & Fengjue Xie & Lang Xu, 2020. "Which terminals should expand investment: a perspective of internal non-cooperative competition in a port?," Maritime Policy & Management, Taylor & Francis Journals, vol. 47(6), pages 718-735, August.
    8. Song, Zhuzhu & Tang, Wansheng & Zhao, Ruiqing, 2018. "Cooperation mode for a liner company with heterogeneous ports: Business cooperation vs. port investment," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 118(C), pages 513-533.
    9. Xiaodong Yang & Gangshu (George) Cai & Charles A. Ingene & Jihong Zhang, 2020. "Manufacturer Strategy on Service Provision in Competitive Channels," Production and Operations Management, Production and Operations Management Society, vol. 29(1), pages 72-89, January.
    10. Pan Liu & Shu-ping Yi, 2018. "A study on supply chain investment decision-making and coordination in the Big Data environment," Annals of Operations Research, Springer, vol. 270(1), pages 235-253, November.
    11. Hafezalkotob, Ashkan, 2017. "Competition, cooperation, and coopetition of green supply chains under regulations on energy saving levels," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 97(C), pages 228-250.
    12. Lai, Xiaofan & Tao, Yi & Wang, Fan & Zou, Zongbao, 2019. "Sustainability investment in maritime supply chain with risk behavior and information sharing," International Journal of Production Economics, Elsevier, vol. 218(C), pages 16-29.
    13. Salmani, Yasamin & Partovi, Fariborz Y. & Banerjee, Avijit, 2018. "Customer-driven investment decisions in existing multiple sales channels: A downstream supply chain analysis," International Journal of Production Economics, Elsevier, vol. 204(C), pages 44-58.
    14. Saberi, Sara & Cruz, Jose M. & Sarkis, Joseph & Nagurney, Anna, 2018. "A competitive multiperiod supply chain network model with freight carriers and green technology investment option," European Journal of Operational Research, Elsevier, vol. 266(3), pages 934-949.
    15. Yang, Chung-Shan, 2019. "Maritime shipping digitalization: Blockchain-based technology applications, future improvements, and intention to use," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 131(C), pages 108-117.
    16. Dong, Ciwei & Liu, Qingyu & Shen, Bin, 2019. "To be or not to be green? Strategic investment for green product development in a supply chain," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 131(C), pages 193-227.
    17. Wei Xing & Qing Liu & Guangjun Chen, 2018. "Pricing strategies for port competition and cooperation," Maritime Policy & Management, Taylor & Francis Journals, vol. 45(2), pages 260-277, February.
    18. Parast, Mahour Mellat, 2020. "The impact of R&D investment on mitigating supply chain disruptions: Empirical evidence from U.S. firms," International Journal of Production Economics, Elsevier, vol. 227(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dutta, Pankaj & Choi, Tsan-Ming & Somani, Surabhi & Butala, Richa, 2020. "Blockchain technology in supply chain operations: Applications, challenges and research opportunities," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 142(C).
    2. Vincenzo Varriale & Antonello Cammarano & Francesca Michelino & Mauro Caputo, 2021. "Sustainable Supply Chains with Blockchain, IoT and RFID: A Simulation on Order Management," Sustainability, MDPI, vol. 13(11), pages 1-23, June.
    3. Jiaguo Liu & Huida Zhao & Yibing Lyu & Xiaohang Yue, 2023. "The provision strategy of blockchain service under the supply chain with downstream competition," Annals of Operations Research, Springer, vol. 327(1), pages 375-400, August.
    4. Mangla, Sachin Kumar & Kazancoglu, Yigit & Ekinci, Esra & Liu, Mengqi & Özbiltekin, Melisa & Sezer, Muruvvet Deniz, 2021. "Using system dynamics to analyze the societal impacts of blockchain technology in milk supply chainsrefer," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 149(C).
    5. Wang, Junjin & Liu, Jiaguo & Wang, Fan & Yue, Xiaohang, 2021. "Blockchain technology for port logistics capability: Exclusive or sharing," Transportation Research Part B: Methodological, Elsevier, vol. 149(C), pages 347-392.
    6. Abderahman Rejeb & Karim Rejeb & Steve Simske & Horst Treiblmaier, 2021. "Blockchain Technologies in Logistics and Supply Chain Management: A Bibliometric Review," Logistics, MDPI, vol. 5(4), pages 1-28, October.
    7. Ma, Shigui & He, Yong & Gu, Ran & Li, Shanshan, 2021. "Sustainable supply chain management considering technology investments and government intervention," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 149(C).
    8. Choi, Tsan-Ming & Siqin, Tana, 2022. "Blockchain in logistics and production from Blockchain 1.0 to Blockchain 5.0: An intra-inter-organizational framework," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 160(C).
    9. Dong, Ciwei & Huang, Qianzhi & Pan, Yuqing & Ng, Chi To & Liu, Renjun, 2023. "Logistics outsourcing: Effects of greenwashing and blockchain technology," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 170(C).
    10. Qiaoyu Peng & Chuanxu Wang, 2022. "Ship space sharing strategies with different rental modes: How does NVOCCs cooperate with booking platform?," Operational Research, Springer, vol. 22(3), pages 3003-3035, July.
    11. Arim Park & Huan Li, 2021. "The Effect of Blockchain Technology on Supply Chain Sustainability Performances," Sustainability, MDPI, vol. 13(4), pages 1-18, February.
    12. Zhang, Tianyu & Dong, Peiwu & Chen, Xiangfeng & Gong, Yu, 2023. "The impacts of blockchain adoption on a dual-channel supply chain with risk-averse members," Omega, Elsevier, vol. 114(C).
    13. Vincenzo Varriale & Antonello Cammarano & Francesca Michelino & Mauro Caputo, 2020. "The Unknown Potential of Blockchain for Sustainable Supply Chains," Sustainability, MDPI, vol. 12(22), pages 1-16, November.
    14. Li, Qingying & Ma, Manqiong & Shi, Tianqin & Zhu, Chen, 2022. "Green investment in a sustainable supply chain: The role of blockchain and fairness," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 167(C).
    15. Montecchi, Matteo & Plangger, Kirk & West, Douglas C., 2021. "Supply chain transparency: A bibliometric review and research agenda," International Journal of Production Economics, Elsevier, vol. 238(C).
    16. Yadav, Amit Kumar & Shweta, & Kumar, Dinesh, 2023. "Blockchain technology and vaccine supply chain: Exploration and analysis of the adoption barriers in the Indian context," International Journal of Production Economics, Elsevier, vol. 255(C).
    17. Zhong, Yuanguang & Yang, Tong & Yu, Huilin & Zhong, Shuneng & Xie, Wei, 2023. "Impacts of blockchain technology with government subsidies on a dual-channel supply chain for tracing product information," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 171(C).
    18. Chuanxu Wang & Lingli Wang, 2023. "Green investment and vertical alliances in the maritime supply chain," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(7), pages 6657-6687, July.
    19. Kumar, Sourabh & Barua, Mukesh Kumar, 2023. "Exploring the hyperledger blockchain technology disruption and barriers of blockchain adoption in petroleum supply chain," Resources Policy, Elsevier, vol. 81(C).
    20. Qingyu Zhang & Salman Khan & Safeer Ullah Khan & Ikram Ullah Khan, 2023. "Understanding Blockchain Technology Adoption in Operation and Supply Chain Management of Pakistan: Extending UTAUT Model With Technology Readiness, Technology Affinity and Trust," SAGE Open, , vol. 13(4), pages 21582440231, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:jossai:v:9:y:2021:i:3:p:280-309:n:3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.