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Technological, organisational and environmental determinants of smart contracts adoption: UK construction sector viewpoint

Author

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  • Sulafa Badi
  • Edward Ochieng
  • Mohamed Nasaj
  • Maria Papadaki

Abstract

This study aims to identify the factors that influence the adoption of smart contracts in the UK construction sector. A deductive questionnaire-based approach informed by the technology-organisation-environment (TOE) model is adopted. The framework is comprised of twelve independent variables and one dependent variable of smart contracts use intention. Ten hypotheses are developed to statistically test the causal relationships between the eleven variables of the research model. The study adopts a convenience sampling approach, with the population of interest being primarily drawn from among UK construction practitioners. The results generated from linear regression analysis suggest that the following four factors have a significant influence on the adoption of smart contracts: supply chain pressure, competitive pressure, top management support, and observability. The descriptive statistics obtained also offer a greater understanding of the perceptions and attitudes towards smart contracts across the UK construction sector. The results demonstrate the usefulness of a perception-based model that utilises the TOE framework to assess facets that influence the adoption of smart contracts. The study contributes to innovation diffusion studies in construction project management and supports “early adopters” at the footfall of the technology’s diffusion curve.

Suggested Citation

  • Sulafa Badi & Edward Ochieng & Mohamed Nasaj & Maria Papadaki, 2021. "Technological, organisational and environmental determinants of smart contracts adoption: UK construction sector viewpoint," Construction Management and Economics, Taylor & Francis Journals, vol. 39(1), pages 36-54, January.
    • Handle: RePEc:taf:conmgt:v:39:y:2021:i:1:p:36-54
    DOI: 10.1080/01446193.2020.1819549
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    Cited by:

    1. Prabhu, R. Srinivas & Anuradha, R. & Belin Jude, A., 2022. "Understanding the mining waste as resources in self-compacting concrete: A numerical study on sustainable construction," Resources Policy, Elsevier, vol. 78(C).
    2. Maged Abdel-Tawab & Ahmed Farouk Kineber & Nicholas Chileshe & Henry Abanda & Ali Hassan Ali & Avar Almukhtar, 2023. "Building Information Modelling Implementation Model for Sustainable Building Projects in Developing Countries: A PLS-SEM Approach," Sustainability, MDPI, vol. 15(12), pages 1-21, June.
    3. Ammar AL-Ashmori & Shuib Bin Basri & P. D. D. Dominic & Luiz Fernando Capretz & Amgad Muneer & Abdullateef Oluwagbemiga Balogun & Abdul Rehman Gilal & Rao Faizan Ali, 2022. "Classifications of Sustainable Factors in Blockchain Adoption: A Literature Review and Bibliometric Analysis," Sustainability, MDPI, vol. 14(9), pages 1-30, April.
    4. Ibukun O. Famakin & Idris Othman & Ahmed Farouk Kineber & Ayodeji Emmanuel Oke & Oludolapo Ibrahim Olanrewaju & Mohammed Magdy Hamed & Taiwo Matthew Olayemi, 2023. "Building Information Modeling Execution Drivers for Sustainable Building Developments," Sustainability, MDPI, vol. 15(4), pages 1-18, February.
    5. Ameyaw, Prince Donkor & de Vries, Walter Timo, 2023. "Blockchain technology adaptation for land administration services: The importance of socio-cultural elements," Land Use Policy, Elsevier, vol. 125(C).
    6. Singh, Atul Kumar & Kumar, V.R. Prasath & Dehdasht, Gholamreza & Mohandes, Saeed Reza & Manu, Patrick & Pour Rahimian, Farzad, 2023. "Investigating barriers to blockchain adoption in construction supply chain management: A fuzzy-based MCDM approach," Technological Forecasting and Social Change, Elsevier, vol. 196(C).
    7. Oludolapo Ibrahim Olanrewaju & Ahmed Farouk Kineber & Nicholas Chileshe & David John Edwards, 2021. "Modelling the Impact of Building Information Modelling (BIM) Implementation Drivers and Awareness on Project Lifecycle," Sustainability, MDPI, vol. 13(16), pages 1-23, August.
    8. Ammar AL-Ashmori & Gunasekar Thangarasu & P. D. D. Dominic & Al-Baraa Abdulrahman Al-Mekhlafi, 2023. "A Readiness Model and Factors Influencing Blockchain Adoption in Malaysia’s Software Sector: A Survey Study," Sustainability, MDPI, vol. 15(16), pages 1-28, August.

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