Adoption Intention of Blockchain Technologies for Sustainable Supply Chain Management in Indian MSMEs

Vineet Paliwal (), Shalini Chandra and Suneel Sharma
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Vineet Paliwal: Exclusive Owner of https://vshes.net/ at Bareilly 243001, India
Shalini Chandra: Information Technology, S P Jain School of Global Management, Singapore 10, Hyderabad Road, HortPark, Singapore 119579, Singapore
Suneel Sharma: Faculty of IT & Entrepreneurship at Entrepreneurship Development Institute of India, Ahmedabad 382428, India

Sustainability, 2024, vol. 16, issue 19, 1-36

Abstract: This study explores the determinants of the intention to adopt blockchain technology for sustainable supply chain management in Indian micro, small, and medium enterprises. Different from existing studies that advocate the use of socio-technical theory for blockchain technologies, we develop a new theoretical framework, called “SOS,” based on a review of the existing literature. This is an adaptation of the technology–organization–environment framework that examines the measures and scales from socio-technical, organizational, and sustainability contexts. We use ADANCO 2.3.2 for variance-based structural equation modeling. The results show that two of the nine hypotheses are negatively significant, while the rest are positive. In our context, social sustainability and computer self-efficacy are strongly negatively significant for the adoption intention of blockchain technology in our context. Software quality and environmental sustainability are strongly positively significant. Meanwhile, collaboration, economic sustainability, and relative advantage mediated by experience are positively significant. Our study contributes to the literature by offering a new theoretical framework, fresh insights from the Indian industry, and several recommendations to practitioners.

Keywords: adoption intention; sustainability supply chain management; socio-technical theory; blockchain technology; TOE framework; micro, small, and medium enterprise (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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