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Blockchain technology in the supply chain: An integrated theoretical perspective of organizational adoption

Author

Listed:
  • Maher Agi

    (ESC [Rennes] - ESC Rennes School of Business)

  • Ashish Kumar Jha

    (Trinity Business School - Trinity College Dublin)

Abstract

Blockchain technology has been growing in importance and acceptability over the past few years. Yet, there is limited empirical research on the organizational and technology specific factors that play a critical role in driving its adoption in the supply chain. The purpose of this paper is to develop a comprehensive framework for blockchain adoption in the supply chain by identifying the enablers and empirically evaluating their interdependencies and impact on adoption. 20 enablers of blockchain adoption in the supply chain are identified using an extensive literature review and theoretical lenses from the Diffusion of Innovation (DOI) theory and the business technology adoption model developed by Iacovou, Benbassat and Dexter (1995). In the confirmatory phase, we employ the Decision-Making Trial and Evaluation Laboratory (DEMATEL) method to extract logic from data collected from 37 French experts about the impact of the enablers and their interdependencies. Our paper extends the multi-theoretic empirical studies to blockchain technology and identifies the enablers of blockchain adoption from technological, organizational, supply chain and external environment perspectives. Regarding the importance of the categories of enablers, we find that the relative advantage of the technology and the external pressure are the most prominent categories of enablers that impact blockchain adoption in the supply chain. Our analysis also shows the important causal role on adoption of the potential of blockchain to reduce transaction cost, the consumer interest in traceability data and the establishment of a regulatory framework for blockchain usage.

Suggested Citation

  • Maher Agi & Ashish Kumar Jha, 2022. "Blockchain technology in the supply chain: An integrated theoretical perspective of organizational adoption," Post-Print hal-03602937, HAL.
    • Handle: RePEc:hal:journl:hal-03602937
    DOI: 10.1016/j.ijpe.2022.108458
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    Cited by:

    1. Yazıcı, Ali Fırat & Olcay, Ali Bahadır & Arkalı Olcay, Gökçen, 2023. "A framework for maintaining sustainable energy use in Bitcoin mining through switching efficient mining hardware," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    2. Ansah, Barikisa Owusu & Voss, Winrich & Asiama, Kwabena Obeng & Wuni, Ibrahim Yahaya, 2023. "A systematic review of the institutional success factors for blockchain-based land administration," Land Use Policy, Elsevier, vol. 125(C).
    3. Tong Tong & Azmawani Abd Rahman, 2022. "Effect of Innovation Orientation of High-Tech SMEs “Small and Mid-Sized Enterprises in China” on Innovation Performance," Sustainability, MDPI, vol. 14(14), pages 1-17, July.
    4. Tiwari, Sunil & Sharma, Pankaj & Jha, Ashish Kumar, 2024. "Digitalization & Covid-19: An institutional-contingency theoretic analysis of supply chain digitalization," International Journal of Production Economics, Elsevier, vol. 267(C).
    5. Sharma, Prateek & Shukla, Dhirendra Mani & Raj, Alok, 2023. "Blockchain adoption and firm performance: The contingent roles of intangible capital and environmental dynamism," International Journal of Production Economics, Elsevier, vol. 256(C).
    6. Kumar, Devinder & Singh, Rajesh Kr & Mishra, Ruchi & Daim, Tugrul U., 2023. "Roadmap for integrating blockchain with Internet of Things (IoT) for sustainable and secured operations in logistics and supply chains: Decision making framework with case illustration," Technological Forecasting and Social Change, Elsevier, vol. 196(C).
    7. Zhu, Shichao & Li, Jian & Wang, Shouyang & Xia, Yusen & Wang, Yajing, 2023. "The role of blockchain technology in the dual-channel supply chain dominated by a brand owner," International Journal of Production Economics, Elsevier, vol. 258(C).
    8. Mukherjee, Abheek Anjan & Raj, Alok & Aggarwal, Shikha, 2023. "Identification of barriers and their mitigation strategies for industry 5.0 implementation in emerging economies," International Journal of Production Economics, Elsevier, vol. 257(C).
    9. 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).
    10. Ajay Kumar Pandey & Yash Daultani & Saurabh Pratap, 2024. "Blockchain technology enabled critical success factors for supply chain resilience and sustainability," Business Strategy and the Environment, Wiley Blackwell, vol. 33(2), pages 1533-1554, February.
    11. Adeeb Noor, 2022. "Adoption of Blockchain Technology Facilitates a Competitive Edge for Logistic Service Providers," Sustainability, MDPI, vol. 14(23), pages 1-18, November.
    12. Kumar, Aman & Shankar, Amit & Agarwal, Reeti & Agarwal, Vaishali & Alzeiby, Ebtesam Abdullah, 2024. "With enterprise metaverse comes great possibilities! Understanding metaverse usage intention from an employee perspective," Journal of Retailing and Consumer Services, Elsevier, vol. 78(C).
    13. Zakaria El Hathat & V. G. Venkatesh & Tarik Zouadi & V. Raja Sreedharan & Arunmozhi Manimuthu & Yangyan Shi, 2023. "Analyzing the greenhouse gas emissions in the palm oil supply chain in the VUCA world: A blockchain initiative," Business Strategy and the Environment, Wiley Blackwell, vol. 32(8), pages 5563-5582, December.
    14. 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).
    15. Jovanovic, Marin & Kostić, Nikola & Sebastian, Ina M. & Sedej, Tomaz, 2022. "Managing a blockchain-based platform ecosystem for industry-wide adoption: The case of TradeLens," Technological Forecasting and Social Change, Elsevier, vol. 184(C).
    16. Bian, Junsong & Zhang, Guoqing & Zhou, Guanghui, 2023. "The strategic impact of vertical integration on non-deceptive counterfeiting," International Journal of Production Economics, Elsevier, vol. 260(C).
    17. Ammar AL-Ashmori & Gunasekar Thangarasu & P. D. D. Dominic & Al-Baraa Abdulrahman Al-Mekhlafi, 2023. "A Readiness Model and Factors Influencing Blockchain Adoption in Malaysia’s Software Sector: A Survey Study," Sustainability, MDPI, vol. 15(16), pages 1-28, August.
    18. Simon Wong & John Kun Woon Yeung & Yui-Yip Lau & Tomoya Kawasaki & Raymond Kwong, 2024. "A Critical Literature Review on Blockchain Technology Adoption in Supply Chains," Sustainability, MDPI, vol. 16(12), pages 1-40, June.

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