IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v15y2023i23p16223-d1285915.html
   My bibliography  Save this article

Blockchain’s Role in Enhancing Quality and Safety and Promoting Sustainability in the Food and Beverage Industry

Author

Listed:
  • Nir Kshetri

    (Department of Management, University of North Carolina at Greensboro, Greensboro, NC 27412, USA)

Abstract

The objective of this paper is to assess the potential roles of blockchain technology in enhancing quality, safety, and sustainability throughout the production and distribution of food and beverage products. To achieve this, a multiple case study approach has been selected as the primary research methodology. This article underscores the transformative impact of blockchain implementation on inter-organizational transactions, reducing uncertainty among supply chain participants and fostering more equitable interdependence among partners in the value chain. These developments have the potential to bolster quality, safety, and sustainability within the food and beverage industry. The article also explores strategies for enhancing blockchain’s influence on interfirm governance structures within the food and beverage sector. It delves into the possibilities of broadening participation by increasing the number and variety of participants in blockchain networks. It investigates how the synergy between blockchain technology and other emerging technologies can further optimize their impact on reducing interfirm governance structures. Also addressed in the paper is the potential for blockchain-based solutions to enhance distributive fairness within the food and beverage industry, offering marginalized groups, such as small-holder farmers, greater opportunities for integration into the global economy. Special emphasis is placed on blockchain’s capacity to enhance interfirm governance in this industry by reducing uncertainty among supply chain participants and creating more symmetrical dependencies among them. The article also posits that by fostering entrepreneurial prospects for marginalized communities and promoting distributive fairness, blockchain technology can contribute to socially responsible actions. Overall, this study extends theories and concepts from information and communications technologies’ (ICTs) effects on agency, boundaries, and uncertainty in the context of organizational and inter-organizational dynamics.

Suggested Citation

  • Nir Kshetri, 2023. "Blockchain’s Role in Enhancing Quality and Safety and Promoting Sustainability in the Food and Beverage Industry," Sustainability, MDPI, vol. 15(23), pages 1-23, November.
  • Handle: RePEc:gam:jsusta:v:15:y:2023:i:23:p:16223-:d:1285915
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/15/23/16223/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/15/23/16223/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Satish Nambisan, 2017. "Digital Entrepreneurship: Toward a Digital Technology Perspective of Entrepreneurship," Entrepreneurship Theory and Practice, , vol. 41(6), pages 1029-1055, November.
    2. Georg Götz, 1999. "Monopolistic Competition and the Diffusion of New Technology," RAND Journal of Economics, The RAND Corporation, vol. 30(4), pages 679-693, Winter.
    3. Guth, Werner & Tietz, Reinhard, 1990. "Ultimatum bargaining behavior : A survey and comparison of experimental results," Journal of Economic Psychology, Elsevier, vol. 11(3), pages 417-449, September.
    4. Erwan Quintin, 2008. "Contract enforcement and the size of the informal economy," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 37(3), pages 395-416, December.
    5. Ernst Fehr & Simon Gachter & Georg Kirchsteiger, 1997. "Reciprocity as a Contract Enforcement Device: Experimental Evidence," Econometrica, Econometric Society, vol. 65(4), pages 833-860, July.
    6. Ross, Stephen A, 1973. "The Economic Theory of Agency: The Principal's Problem," American Economic Review, American Economic Association, vol. 63(2), pages 134-139, May.
    7. Michael Maloni & Michael Brown, 2006. "Corporate Social Responsibility in the Supply Chain: An Application in the Food Industry," Journal of Business Ethics, Springer, vol. 68(1), pages 35-52, September.
    8. repec:eme:mrn000:01409170210782990 is not listed on IDEAS
    9. Besiki Stvilia & Les Gasser & Michael B. Twidale & Linda C. Smith, 2007. "A framework for information quality assessment," Journal of the American Society for Information Science and Technology, Association for Information Science & Technology, vol. 58(12), pages 1720-1733, October.
    10. Williamson, Oliver E, 1983. "Credible Commitments: Using Hostages to Support Exchange," American Economic Review, American Economic Association, vol. 73(4), pages 519-540, September.
    11. Frederik von Briel & Per Davidsson & Jan Recker, 2018. "Digital Technologies as External Enablers of New Venture Creation in the IT Hardware Sector," Entrepreneurship Theory and Practice, , vol. 42(1), pages 47-69, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Weking, Jörg & Desouza, Kevin C. & Fielt, Erwin & Kowalkiewicz, Marek, 2023. "Metaverse-enabled entrepreneurship," Journal of Business Venturing Insights, Elsevier, vol. 19(C).
    2. Irene Bertschek & Joern Block & Alexander S. Kritikos & Caroline Stiel, 2024. "German financial state aid during Covid-19 pandemic: Higher impact among digitalized self-employed," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 36(1-2), pages 76-97, January.
    3. Magnus Schückes & Tobias Gutmann, 2021. "Why do startups pursue initial coin offerings (ICOs)? The role of economic drivers and social identity on funding choice," Small Business Economics, Springer, vol. 57(2), pages 1027-1052, August.
    4. Boeker, Warren & Howard, Michael D. & Basu, Sandip & Sahaym, Arvin, 2021. "Interpersonal relationships, digital technologies, and innovation in entrepreneurial ventures," Journal of Business Research, Elsevier, vol. 125(C), pages 495-507.
    5. Zheng, Kaiming & Wang, Xiaoyuan & Ni, Debing, 2021. "Reciprocity information and wage personalization," China Economic Review, Elsevier, vol. 68(C).
    6. Francisco Olmo-García & Fernando Javier Crecente-Romero & María Teresa Val-Núñez & María Sarabia-Alegría, 2023. "Entrepreneurial activity in an environment of digital transformation: an analysis of relevant factors in the euro area," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-10, December.
    7. Hannes Rothe & Katharina Barbara Lauer & Callum Talbot-Cooper & Daniel Juan Sivizaca Conde, 2023. "Digital entrepreneurship from cellular data: How omics afford the emergence of a new wave of digital ventures in health," Electronic Markets, Springer;IIM University of St. Gallen, vol. 33(1), pages 1-17, December.
    8. Rippa, Pierluigi & Secundo, Giustina, 2019. "Digital academic entrepreneurship: The potential of digital technologies on academic entrepreneurship," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 900-911.
    9. Alessandra Colombelli & Elettra D’Amico & Emilio Paolucci, 2023. "When computer science is not enough: universities knowledge specializations behind artificial intelligence startups in Italy," The Journal of Technology Transfer, Springer, vol. 48(5), pages 1599-1627, October.
    10. Jiyoung Kimjeon & Per Davidsson, 2022. "External Enablers of Entrepreneurship: A Review and Agenda for Accumulation of Strategically Actionable Knowledge," Entrepreneurship Theory and Practice, , vol. 46(3), pages 643-687, May.
    11. Fossen, Frank M. & Sorgner, Alina, 2021. "Digitalization of work and entry into entrepreneurship," Journal of Business Research, Elsevier, vol. 125(C), pages 548-563.
    12. Okada, Akiro & Riedl, Arno, 1999. "Inefficiency and Social Exclusion in a Coalition Formation Game," Economics Series 64, Institute for Advanced Studies.
    13. Balcerzak, Adam P. & Zinecker, Marek & Skalický, Roman & Rogalska, Elżbieta & Doubravský, Karel, 2023. "Technology-oriented start-ups and valuation: A novel approach based on specific contract terms," Technological Forecasting and Social Change, Elsevier, vol. 197(C).
    14. Yáñez-Valdés, Claudia & Guerrero, Maribel & Barros-Celume, Sebastián & Ibáñez, María J., 2023. "Winds of change due to global lockdowns: Refreshing digital social entrepreneurship research paradigm," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    15. Jiewang Chu & Jiaxuan Li, 2022. "The Composition and Operation Mechanism of Digital Entrepreneurial Ecosystem: A Study of Hangzhou Yunqi Town as an Example," Sustainability, MDPI, vol. 14(24), pages 1-19, December.
    16. Per Davidsson & Jan Henrik Gruenhagen, 2021. "Fulfilling the Process Promise: A Review and Agenda for New Venture Creation Process Research," Entrepreneurship Theory and Practice, , vol. 45(5), pages 1083-1118, September.
    17. Werner Liebregts & Pourya Darnihamedani & Eric Postma & Martin Atzmueller, 2020. "The promise of social signal processing for research on decision-making in entrepreneurial contexts," Small Business Economics, Springer, vol. 55(3), pages 589-605, October.
    18. Lensberg, T. & van der Heijden, E.C.M., 1998. "A cross-cultural study of reciprocity, trust and altruism in a gift exchange experiment," Other publications TiSEM 49000813-87d9-46f2-a25b-e, Tilburg University, School of Economics and Management.
    19. Franziska Schlichte & Sebastian Junge & Jan Mammen, 2019. "Being at the right place at the right time: does the timing within technology waves determine new venture success?," Journal of Business Economics, Springer, vol. 89(8), pages 995-1021, December.
    20. Sprinkle, Geoffrey B., 2003. "Perspectives on experimental research in managerial accounting," Accounting, Organizations and Society, Elsevier, vol. 28(2-3), pages 287-318.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:15:y:2023:i:23:p:16223-:d:1285915. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.