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Blockchain technology adoption in the supply chain (UTAUT2 with risk) – evidence from Indian supply chains

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  • Ashutosh Sheel
  • Vishnu Nath

Abstract

The aim of the present study is to study blockchain technology adoption intentions by supply chain practitioners using the unified theory of adoption and use of technology (UTAUT2) with risk model as the conceptual framework. UTAUT2 is generic model which can be used to study adoption of technologies. The present study applies this model to study blockchain technology adoption in the supply chain. Data was collected from 360 supply chain practitioners in India. The results of the current study indicate that behavioural intentions for blockchain technology adoption are significantly influenced by performance expectancy, social influence, hedonic motivation and price value considerations. The study proposes some guidelines for adopting blockchain in the supply chain. The present study tries to fill in the gap in the existing literature by listing out the factors that influence blockchain technology adoption in the supply chain.

Suggested Citation

  • Ashutosh Sheel & Vishnu Nath, 2020. "Blockchain technology adoption in the supply chain (UTAUT2 with risk) – evidence from Indian supply chains," International Journal of Applied Management Science, Inderscience Enterprises Ltd, vol. 12(4), pages 324-346.
    • Handle: RePEc:ids:injams:v:12:y:2020:i:4:p:324-346
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    Cited by:

    1. Jorge Andrés-Sánchez & Laura González-Vila Puchades & Mario Arias-Oliva, 2023. "Factors influencing policyholders' acceptance of life settlements: a technology acceptance model," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 48(4), pages 941-967, October.
    2. Mario Arias-Oliva & Jorge de Andrés-Sánchez & Jorge Pelegrín-Borondo, 2021. "Fuzzy Set Qualitative Comparative Analysis of Factors Influencing the Use of Cryptocurrencies in Spanish Households," Mathematics, MDPI, vol. 9(4), pages 1-19, February.

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