Analyzing the drivers of blockchain adoption for supply chain in Pakistan

Abstract

Purpose In recent years, technological advancement has played a crucial role in the growth of emerging economies. However, as with any novel technological development, there are often concerns and hesitations surrounding its implementation. This study aims to investigate the factors influencing blockchain adoption and usage. Thereby evaluating its impact on supply chain performance. Design/methodology/approach This is a deductive research based on the modified form unified theory of acceptance and use of technology, which is a persuasive model that has been used in numerous studies on the acceptance and usage of information technology systems. For this study, valid data was collected from 129 management-level supply chain professionals and policymakers working in diverse manufacturing industries. The collected data was used for testing hypotheses by deploying the structural equation modeling technique. Findings The findings of this study reveal that facilitating conditions and technology readiness highly are key influencers for organizations to implement this disruptive technology. Moreover, blockchain adoption and usage can significantly enhance supply chain performance. Originality/value Blockchain technology is a novel and promising disruptive technology that industries are looking forward to adopting and using. For the policymakers and supply chain strategists working in a developing country, this study offers a comprehensive viewpoint on the swift acceptance and usage of blockchain technology to facilitate supply chain operations.

Understanding the role of organizational intellectual capital on developing absorptive capacity to strategize innovation ambidexterity

“…International business and supply chain partners of multinational enterprises in emerging economies dealt with disruptions and risks which can probably jeopardize their capability to function effectively and efficiently as 787 Dreamliner was introduced by Boeing and overtaken its rivals' groups was racked by extreme and unpredictable international business disruptions, which originated massive production cost hikes and delays as well as making a big question mark on the supply chain of Boeing company (Müller et al, 2021;Melnyk et al, 2014). It has been researched that innovation management is an inevitable reality for firms to build an uninterrupted upgrading process of knowledge and resources to manage complex international business operations that drive process efficiency and reduce production costs (Zia et al, 2023;Ahmed et al, 2023;Khalil and Ahmed, 2024).…”