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The Impact of Blockchain Technology Application on Supply Chain Partnership and Performance

Author

Listed:
  • Joon-Seok Kim

    (College of Business Administration, Sejong University, Seoul 05006, Korea)

  • Nina Shin

    (College of Business Administration, Sejong University, Seoul 05006, Korea)

Abstract

Blockchain technology is now considered a next generation information technology tool for sustainable growth in supply chain (SC) management. However, its study is relatively rare in the literature on SC collaboration and sustainability management research, despite its advantages in sustaining connectivity and reliability among SC partners. This study investigates how the use of blockchain in SC activities can influence (increase or decrease) SC partnership efficiency and growth, thereby affecting SC performance outcomes. Specifically, this study empirically validates a measurement and structural equation model with 306 SC experts from various industries. The findings show that the blockchain technology characteristics (information transparency, information immutability, and smart contracts) have significant positive effects on partnership growth and marginal effects on partnership efficiency. Though partnership growth has a positive effect on firm performance, partnership efficiency shows a negative effect.

Suggested Citation

  • Joon-Seok Kim & Nina Shin, 2019. "The Impact of Blockchain Technology Application on Supply Chain Partnership and Performance," Sustainability, MDPI, vol. 11(21), pages 1-17, November.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:21:p:6181-:d:283841
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    References listed on IDEAS

    as
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