“…All these technologies offer Localization-Agility-Digitization (LAD) insights in responding to industry trends or emerging consumer needs, visibility, accountability, confidentiality, realtime data, intelligent contracts, and sustainability (Bharadwaj et al, 2013;Cirera et al, 2021;Nandi et al, 2021). There has been a lot of progress made in the potential application of ETs across several industries, for example, application of IoT in facility and manufacturing process modeling as well as in reshaping and decentralizing industries, use of artificial intelligence techniques in business innovation, and optimizing the financing of ETs in industries, among others (Attaran and Gunasekaran 2019;Lee et al, 2019;Maganga and Taifa 2022). In addition, there are studies about how and where ETs can be used in industries (Zabel and Telkmann 2021;Mi et al, 2022;Zeng et al, 2022).…”