Determinants of blockchain adoption in the aviation industry: Empirical evidence from Korea

Li, Xue; Lai, Po-Lin; Yang, Ching-Chiao; Yuen, Kum Fai

doi:10.1016/j.jairtraman.2021.102139

Cited by 43 publications

(27 citation statements)

References 36 publications

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“…Different authors have provided different extended TAM models in their studies. One of these models used by [22] to study the adoption in the aviation industry is shown in Figure 3. The modified framework is also described in the next sections.…”

Section: Extension Of Tam (Etam)mentioning

confidence: 99%

“…Extended TAM, as discussed in the supply chain, was also utilized here for studying the BC adoption in the aviation industry in Korea. For this purpose, Li et al [22] used three sub-factors for each of the main categories of the standard TAM (perceived ease of use and perceived usefulness) (Figure 4). They listed the factors with a positive impact on the BC adoption as digitized management, tracking and tracing, the management of air traffic, industry standards and regulatory governance, optimization on efficiency and technological improvements.…”

Section: Blockchain Adoption In Industries and Firmsmentioning

confidence: 99%

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A Critical Review of Blockchain Acceptance Models—Blockchain Technology Adoption Frameworks and Applications

Taherdoost

2022

Computers

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Blockchain is a promising breakthrough technology that is highly applicable in manifold sectors. The adoption of blockchain technology is accompanied by a range of issues and challenges that make its implementation complicated. To facilitate the successful implementation of blockchain technology, several blockchain adoption frameworks have been developed. However, selecting the appropriate framework based on the conformity of its features with the business sector may be challenging for decision-makers. This study aims to provide a systematic literature review to introduce the adoption frameworks that are most used to assess blockchain adoption and realize business sectors that these models have been applied. Thus, the blockchain adoption models in 56 articles are reviewed and the results of the studies are summarized by categorizing the articles into five main sections including supply chain, industries, financial sector, cryptocurrencies, and other articles (excluded from the former fields). The findings of the study show that the models based on the technology acceptance model (TAM), technology–organization–environment (TOE), and new conceptual frameworks were the focus of the majority of selected articles. Most of the articles have focused on blockchain adoption in different industry fields and supply chain areas.

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Section: Extension Of Tam (Etam)mentioning

confidence: 99%

Section: Blockchain Adoption In Industries and Firmsmentioning

confidence: 99%

A Critical Review of Blockchain Acceptance Models—Blockchain Technology Adoption Frameworks and Applications

Taherdoost

2022

Computers

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“…In total, 440 publications are reviewed publications. A subsequent review of the 440 results showed that 40 publications have the keywords "sustainable blockchain" in the title and were directly relevant for answering our RQs and relied on the frequency of viewings, citations, and sharing as a means of assessing their importance [15] However, most of these academic publications focus on industry-specific use cases such as healthcare, supply chain, aviation, banking, logistics, and IoT [16][17][18][19][20][21]. An integrated adoption model including risk and success factors to foster a sustainable adoption of blockchain technology across various industries was unavailable.…”

Section: Resultsmentioning

confidence: 99%

“…Furthermore, there is currently no normative, universally applicable adoption model available, which can empower organizations and stakeholders to accelerate and manage blockchain-driven business innovation in a sustainable way. We derive this gap from identifying that each of the sources either focuses on specific use cases such as healthcare, supply chain, aviation, banking, logistics, and IoT with certain criteria or the existing theories and models capture only parts of the requirements engineering and innovation process [16][17][18][19][20][21]. This gap reflects a clear need to design an integrated adoption model that can empower stakeholders across any industry and use case to use blockchain technology for sustainable business innovation.…”

Section: Rq3: What Are the Current Research Gaps In The Area Of Block...mentioning

confidence: 99%

An Integrated Adoption Model to Manage Blockchain-Driven Business Innovation in a Sustainable Way

2022

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Blockchain technology has the potential to drive innovations across various industries, businesses, and use cases. It is broadly recognized that innovation is a vital source of competitive advantage in a rapidly changing environment. High expectations surround blockchain’s potential for contributing to sustainable economic and social development. However, current blockchain projects still show high failure rates. The associated side effects of such failure rates generate a negative impact on economic and social sustainability performances such as corporate governance, risk management, finance management, human resources and culture management, and competitiveness. This paper assesses adoption models and their risk and success factors. Building on a novel, integrated adoption model to operationalize, measure and manage blockchain-driven business innovation in a sustainable way, we assessed its applicability with an empirical study across 20 industry sectors and 125 business leaders. Nevertheless, case studies and further industry activities are needed to continue its validation in future works.

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“…Therefore, specific resources and competencies are required, such as technological and organizational infrastructure, support systems, training, etc. [45,77]. The blockchain concept delivers added value through stakeholders and inter-organizational cooperation, overcomes inefficiencies in processes [17] and security risks [61].…”

Section: ) Business Models Innovationmentioning

confidence: 99%

Blockchain Enabled Digital Transformation: A Systematic Literature Review

et al. 2022

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Digital transformation is an inevitable trend that impacts all industries, and blockchain is one technology that drives it along with other emerging technologies. This paper conducts a systematic literature review (SLR) on how blockchain enables digital transformation. We analyzed 41 articles to identify the current state, clarify research gaps, and highlight future research agendas. The results reveal that blockchain is a promising technology that has great potential and can offer several opportunities for various companies. Collected articles contain evidence regarding challenges and barriers, as well as potential benefits of blockchain in relation to digital transformation. Through the detailed assessment of the chosen studies, a theoretical framework for blockchain enabled digital transformation has been developed. We highlight open issues that can be handled in future research to overcome barriers and address the challenges concerning blockchain adoption.

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Determinants of blockchain adoption in the aviation industry: Empirical evidence from Korea

Cited by 43 publications

References 36 publications

A Critical Review of Blockchain Acceptance Models—Blockchain Technology Adoption Frameworks and Applications

A Critical Review of Blockchain Acceptance Models—Blockchain Technology Adoption Frameworks and Applications

An Integrated Adoption Model to Manage Blockchain-Driven Business Innovation in a Sustainable Way

Blockchain Enabled Digital Transformation: A Systematic Literature Review

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