Exploring the role of blockchain technology in value creation: a multiple case study approach

Abdollahi, Alireza; Sadeghvaziri, Faraz; Rejeb, Abderahman

doi:10.1007/s11135-022-01348-2

Cited by 11 publications

(12 citation statements)

References 55 publications

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“…All parties are interested in capitalizing on the opportunities presented by this innovation and efficiently leverage it to address contemporary managerial challenges and promote sustainability and value creation (Jordão and Novas, 2017). Essentially, the incremental added value of cryptocurrency is evident in firms that include it in their transaction systems while maintaining existing business models (Abdollahi et al , 2022). Correspondingly, a cryptocurrency developed and reshaped business model innovations on an incremental or disruptive scale (metaverse) (Abdollahi et al , 2022; Koohang et al , 2023).…”

Section: Literature Reviewmentioning

confidence: 99%

“…Essentially, the incremental added value of cryptocurrency is evident in firms that include it in their transaction systems while maintaining existing business models (Abdollahi et al , 2022). Correspondingly, a cryptocurrency developed and reshaped business model innovations on an incremental or disruptive scale (metaverse) (Abdollahi et al , 2022; Koohang et al , 2023). For example, Nguyen et al (2021) highlighted cryptocurrency social value creation, which was demonstrated by the reduced operational costs of crowdfunding platforms (social projects) following the elimination of additional fees incurred from third parties or other financial intermediaries.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Bracci et al (2022) proposed a similar idea, where cryptocurrency was considered a good fundraising alternative for start-ups. Furthermore, new businesses that arise from cryptocurrencies create value, such as crime prevention in cryptocurrency that involves infrastructures and application providers (Abdollahi et al , 2022).…”

Section: Literature Reviewmentioning

confidence: 99%

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Cryptocurrencies have arrived, but are we ready? Unveiling cryptocurrency adoption recipes through an SEM-fsQCA approach

Sham

Abdamia

et al. 2023

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Purpose The purpose of this study is to investigate consumers’ cryptocurrency adoption through the unified theory of acceptance and use of technology (UTAUT) and complexity theory. Design/methodology/approach By using a purposive sampling method, a configurational model was developed and a questionnaire-based survey was conducted to gather responses from a Malaysian sample. A total of 223 responses were obtained. Partial least square structural equation modeling (PLS-SEM) and fuzzy set qualitative comparative analysis (fsQCA) were adopted to analyze the data. Findings The PLS-SEM indicated that performance expectancy, effort expectancy, social influence and affinity for technology interaction were positive cryptocurrency adoption predictors, whereas regulation was a negative predictor. Based on the fsQCA, cryptocurrency adoption could be explained by six configurational paths, which comprised combinations of the proposed causal conditions: the UTAUT factors (performance expectancy, effort expectancy, facilitating condition and social influence), environmental factor (regulation) and individual factors (financial knowledge and affinity for technology interaction). Research limitations/implications This study offers contributions to the theoretical body of knowledge by articulating the relevance of extended UTAUT and extending the established UTAUT model by integrating external environment and personal factors, also showing the linear and nonlinear interplays of performance expectancy, effort expectancy, facilitating conditions, social influence, regulation, financial knowledge and affinity for technology interaction. Practical implications The findings facilitated practitioners’ (cryptocurrency brokers, governments and businesses) fostering of cryptocurrency adoption through the joint consideration of different factors. The factors spanned technological attributes and individual characteristics to regulation. Practitioners should acknowledge that different combinations of the aforementioned antecedents can be equally effective to increase cryptocurrency adoption. The findings suggested that these causal conditions should be considered holistically and that there is no best predictor. Social implications In social terms, the research is expected to contribute to the dissemination of cryptocurrencies and help governments and central banks to develop, regulate and supervise digital currencies, as well as in the implementation of a digital currency ecosystem aligned with sustainable development goals. Economically, the results might foster a high cryptocurrency adoption rate and stimulate crypto-token-based business models and investment opportunities that present new means of revenue generation at individual, organizational and national levels. Originality/value This study offers unique perspectives for the body of knowledge and practice in the cryptocurrency domain, using both symmetric and asymmetric methodologies, by delineating the configurational logic involving technological capabilities, social influences, regulation and individual characteristics in facilitating more efficacious dissemination of cryptocurrencies.

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Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

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Cryptocurrencies have arrived, but are we ready? Unveiling cryptocurrency adoption recipes through an SEM-fsQCA approach

Sham

Abdamia

et al. 2023

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“…• Future researchers should work on promoting strategies to better exploit social media and specifically the Metaverse considering the vast value-creating potential of blockchain technology (Abdollahi et al, 2022). Furthermore, future studies could investigate the barriers to the successful implementation of sustainability-related practices (M. J.…”

Section: Future Research Directionsmentioning

confidence: 99%

Mapping the scholarly research on restaurants: a bibliometric analysis

Rejeb

Abdollahi

et al. 2022

Journal of Foodservice Business Research

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Given the recent surge in restaurant research, there is a need for timely reviews employing quantitative methods to portray the intellectual structure of the field. This paper aims to address this gap by conducting a comprehensive bibliometric analysis of restaurant research on the Web of Science database. The research investigates the dynamic evolution of the restaurant literature during three critical stages between 1995 and 2021. Based on 1146 journal articles published by 1849 authors, the paper analyzes different bibliometric networks, including co-citation, keyword co-occurrence, and collaboration networks. The study additionally highlights the most influential scholars and publications in the restaurant field. Results indicate that restaurant research has grown exponentially over the last five years. Findings also show that consumer behavior, consumer satisfaction, consumer-brand relationships, corporate social responsibility, and green restaurants represent the contemporary hotspots in restaurant research. Finally, the study provides practical implications and some opportunities for future research.

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“…Leppänen et al (2023) Research with different variables reveals that novelty combined effectively with other value drivers such as efficiency and differentiation can improve performance. Abdollahi et al (2023) Research reveals that blockchain may overcome current business challenges, make operations more efficient, encourage innovation, and create shared value with stakeholders to improve company performance.…”

Section: Introductionmentioning

confidence: 99%

Improving the Escalation of Micro, Small, and Medium Enterprises (MSME) Based on Digital Economy Acceleration and Capability Through Value Creation on West Java SME Enterpriser

Hermina

2024

Almana

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MSME acceleration in Indonesia has an essential role in enhancing the national economy and contributing significantly to Indonesia's GDP. However, in its implementation, there are still several obstacles, including limited connections to digital technology, digital skills, and management. This research investigates the influence of the digital economy and capabilities on business performance through value creation on West Java MSME business actors or enterprises. The research implemented quantitative methods through descriptive and verification analysis, with partial least squares-structural equation modeling (PLS-SEM) analysis techniques. The number of samples used was 127 respondents consisting of experts and practitioners (expert judgment). The sampling technique uses the online sampling method. The research results show that digital economic variables have a significant positive influence on MSME value creation, capability variables hold a direct positive influence on value creation, and also direct and indirect influences on MSME business performance. Value creation variables have a direct influence on business performance. The results of this research can be used to improve digital business in a way that is more appropriate for West Java MSME business actors.

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Exploring the role of blockchain technology in value creation: a multiple case study approach

Cited by 11 publications

References 55 publications

Cryptocurrencies have arrived, but are we ready? Unveiling cryptocurrency adoption recipes through an SEM-fsQCA approach

Cryptocurrencies have arrived, but are we ready? Unveiling cryptocurrency adoption recipes through an SEM-fsQCA approach

Mapping the scholarly research on restaurants: a bibliometric analysis

Improving the Escalation of Micro, Small, and Medium Enterprises (MSME) Based on Digital Economy Acceleration and Capability Through Value Creation on West Java SME Enterpriser

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