{"title":"Unlocking Technology Adoption for a Robust Food Supply Chain: Evidence from Indian Food Processing Sector","authors":"Vranda Jain, Tavishi Tewary, B. Gopalakrishnan","doi":"10.17323/1813-8691-2021-25-1-147-164","DOIUrl":null,"url":null,"abstract":"This paper pioneers the identification of artificial intelligence (AI) enablers like technology feasibility, sophistication, data integrity, interoperability and per ceived benefits that can boost operational efficiency of firms in Indian food processing industry. With the food processing industry contributing significantly to domestic gross value added and generating an export earning of close to USD 40 billion from agricultural and processed food exports, the study examines the role of AI in overcoming the existing inefficiencies of firms, particularly the small and medium enterprises (SMEs) involved in food processing. For this, questionnaire wascirculated to 500 respondents comprising of IT and supply chain professionals, managers of food processing companies and academicians working in this do main, of which 341 complete responses were received. These responses were then analysed using PLS-SEM modeling, through which the relationship between AI adoption and operational efficiency of firm was established. The study found a significant relationship between AI adoption and operational efficiency. The R square and Q square values substantiate the predictive power of the model used in the study. The research has significant implications for supply chain professionals as technology adoption would boost resilience, integration and transparency of these firms. The study is also relevant for addressing issues pertaining to food security, employment generation, enhancing industrial output and export growth. Policy makers can also get perspectives on harnessing the benefits of AI technology while creating an enabling environment for different supply chain partners.","PeriodicalId":37657,"journal":{"name":"HSE Economic Journal","volume":"1 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"9","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"HSE Economic Journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.17323/1813-8691-2021-25-1-147-164","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 9
Abstract
This paper pioneers the identification of artificial intelligence (AI) enablers like technology feasibility, sophistication, data integrity, interoperability and per ceived benefits that can boost operational efficiency of firms in Indian food processing industry. With the food processing industry contributing significantly to domestic gross value added and generating an export earning of close to USD 40 billion from agricultural and processed food exports, the study examines the role of AI in overcoming the existing inefficiencies of firms, particularly the small and medium enterprises (SMEs) involved in food processing. For this, questionnaire wascirculated to 500 respondents comprising of IT and supply chain professionals, managers of food processing companies and academicians working in this do main, of which 341 complete responses were received. These responses were then analysed using PLS-SEM modeling, through which the relationship between AI adoption and operational efficiency of firm was established. The study found a significant relationship between AI adoption and operational efficiency. The R square and Q square values substantiate the predictive power of the model used in the study. The research has significant implications for supply chain professionals as technology adoption would boost resilience, integration and transparency of these firms. The study is also relevant for addressing issues pertaining to food security, employment generation, enhancing industrial output and export growth. Policy makers can also get perspectives on harnessing the benefits of AI technology while creating an enabling environment for different supply chain partners.
HSE Economic JournalEconomics, Econometrics and Finance-Economics, Econometrics and Finance (all)
CiteScore
1.10
自引率
0.00%
发文量
2
期刊介绍:
The HSE Economic Journal publishes refereed papers both in Russian and English. It has perceived better understanding of the market economy, the Russian one in particular, since being established in 1997. It disseminated new and diverse ideas on economic theory and practice, economic modeling, applied mathematical and statistical methods. Its Editorial Board and Council consist of prominent Russian and foreign researchers whose activity has fostered integration of the world scientific community. The target audience comprises researches, university professors and graduate students. Submitted papers should match JEL classification and can cover country specific or international economic issues, in various areas, such as micro- and macroeconomics, econometrics, economic policy, labor markets, social policy. Apart from supporting high quality economic research and academic discussion the Editorial Board sees its mission in searching for the new authors with original ideas. The journal follows international reviewing practices – at present submitted papers are subject to single blind review of two reviewers. The journal stands for meeting the highest standards of publication ethics.