{"title":"What factors influence blockchain technology adoption in shipping supply chain: An empirical study from China","authors":"Ruihua Zhang, Xianhua Wu","doi":"10.1016/j.rtbm.2025.101494","DOIUrl":null,"url":null,"abstract":"<div><div>Industry 4.0 presents significant opportunities for digitalizing the shipping supply chain (SC), featuring blockchain technology (BT) as a key example. This research innovatively developed the Technology-Organization-Environment (TOE) theory by integrating economic perspective. It explored how factors such as regulatory support, compatibility, complexity, risk, competitive pressure, relative advantage, cost, top management support, organizational readiness, and efficiency influence the deployment of BT by Chinese shipping SC enterprises. This paper collected data from 285 respondents in shipping SC enterprises in China, and the analysis was carried out with structural equation modelling (SEM) combined with artificial neural network (ANN) approach. The findings showed that compatibility, organizational readiness, competitive pressure, regulatory support, and complexity are key variables affecting the application of BT, while the other examined factors do not have a significant impact. ANN determined the ranking of important variables, which was in descending order as follows: regulatory support > organizational readiness > compatibility > competitive pressure > complexity. Additionally, this study summarized and compared the variables shaping the integration of BT in the SCs of various industries, offering a clearer perspective on the differences in the results. This empirical study offers valuable insights for organizations, project participants, and policymakers, assisting them in making informed judgments concerning BT implementation.</div></div>","PeriodicalId":47453,"journal":{"name":"Research in Transportation Business and Management","volume":"63 ","pages":"Article 101494"},"PeriodicalIF":4.4000,"publicationDate":"2025-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Research in Transportation Business and Management","FirstCategoryId":"5","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2210539525002093","RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0
Abstract
Industry 4.0 presents significant opportunities for digitalizing the shipping supply chain (SC), featuring blockchain technology (BT) as a key example. This research innovatively developed the Technology-Organization-Environment (TOE) theory by integrating economic perspective. It explored how factors such as regulatory support, compatibility, complexity, risk, competitive pressure, relative advantage, cost, top management support, organizational readiness, and efficiency influence the deployment of BT by Chinese shipping SC enterprises. This paper collected data from 285 respondents in shipping SC enterprises in China, and the analysis was carried out with structural equation modelling (SEM) combined with artificial neural network (ANN) approach. The findings showed that compatibility, organizational readiness, competitive pressure, regulatory support, and complexity are key variables affecting the application of BT, while the other examined factors do not have a significant impact. ANN determined the ranking of important variables, which was in descending order as follows: regulatory support > organizational readiness > compatibility > competitive pressure > complexity. Additionally, this study summarized and compared the variables shaping the integration of BT in the SCs of various industries, offering a clearer perspective on the differences in the results. This empirical study offers valuable insights for organizations, project participants, and policymakers, assisting them in making informed judgments concerning BT implementation.
期刊介绍:
Research in Transportation Business & Management (RTBM) will publish research on international aspects of transport management such as business strategy, communication, sustainability, finance, human resource management, law, logistics, marketing, franchising, privatisation and commercialisation. Research in Transportation Business & Management welcomes proposals for themed volumes from scholars in management, in relation to all modes of transport. Issues should be cross-disciplinary for one mode or single-disciplinary for all modes. We are keen to receive proposals that combine and integrate theories and concepts that are taken from or can be traced to origins in different disciplines or lessons learned from different modes and approaches to the topic. By facilitating the development of interdisciplinary or intermodal concepts, theories and ideas, and by synthesizing these for the journal''s audience, we seek to contribute to both scholarly advancement of knowledge and the state of managerial practice. Potential volume themes include: -Sustainability and Transportation Management- Transport Management and the Reduction of Transport''s Carbon Footprint- Marketing Transport/Branding Transportation- Benchmarking, Performance Measurement and Best Practices in Transport Operations- Franchising, Concessions and Alternate Governance Mechanisms for Transport Organisations- Logistics and the Integration of Transportation into Freight Supply Chains- Risk Management (or Asset Management or Transportation Finance or ...): Lessons from Multiple Modes- Engaging the Stakeholder in Transportation Governance- Reliability in the Freight Sector