Research on Blockchain Adoption Factors in Supply Chain Based on Holistic Model Framework
This article integrates technology adoption models,diffusion of innovations(DOI)models,and the technology organizational environment framework,proposes hypotheses related to blockchain technology adoption factors,and analyzes the factors influencing the adop-tion of blockchain technology in China's supply chain by small and medium-sized enterprises using Structural Equation Modeling(SEM).The results show that the relative advantages of blockchain technology,technical compatibility,technical readiness,top management support,perceived usefulness of technology,and supplier support have a positive impact on the willing-ness of small and medium-sized enterprises to adopt blockchain technology in their supply chain.The complexity of the technology and cost concerns are the main obstacles to the adop-tion of blockchain technology by small and medium-sized enterprises.
supply chainblockchainadoption factorsholistic model frameworkStructur-al Equation Modeling(SEM)