The Impact of Blockchain Technology Application on Supply Chain Partnership and Performance

Joon-Seok Kim and Nina Shin
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Joon-Seok Kim: College of Business Administration, Sejong University, Seoul 05006, Korea
Nina Shin: College of Business Administration, Sejong University, Seoul 05006, Korea

Sustainability, 2019, vol. 11, issue 21, 1-17

Abstract: Blockchain technology is now considered a next generation information technology tool for sustainable growth in supply chain (SC) management. However, its study is relatively rare in the literature on SC collaboration and sustainability management research, despite its advantages in sustaining connectivity and reliability among SC partners. This study investigates how the use of blockchain in SC activities can influence (increase or decrease) SC partnership efficiency and growth, thereby affecting SC performance outcomes. Specifically, this study empirically validates a measurement and structural equation model with 306 SC experts from various industries. The findings show that the blockchain technology characteristics (information transparency, information immutability, and smart contracts) have significant positive effects on partnership growth and marginal effects on partnership efficiency. Though partnership growth has a positive effect on firm performance, partnership efficiency shows a negative effect.

Keywords: blockchain technology; information transparency; information immutability; smart contracts; partnership efficiency; partnership growth; supply chain performance (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (34)

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