Evaluating the factors that influence blockchain adoption in the freight logistics industry

Ifeyinwa Juliet Orji; Simonov Kusi-Sarpong; Shuangfa Huang; Diego Alfonso Vazquez-Brust

doi:10.1016/j.tre.2020.102025

Evaluating the factors that influence blockchain adoption in the freight logistics industry

Ifeyinwa Juliet Orji, Simonov Kusi-Sarpong, Shuangfa Huang, Diego Alfonso Vazquez-Brust

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Abstract

This study proposes a technology- organization- environment (TOE) theoretical framework of critical factors that influence the successful adoption of blockchain technologies in the freight logistics industry and prioritize them using the analytic network process (ANP). The research findings indicate that ‘availability of specific blockchain tools’, ‘infrastructural facility’, and ‘government policy and support’ are the three topmost ranked significant factors that influence the adoption of blockchains in the freight logistics industry. These findings will aid government agencies, freight logistics firms and blockchain service providers in strategizing for the advancement and successful adoption of blockchain and improvement of overall organizational competitiveness.

Original language	English
Article number	102025
Number of pages	26
Journal	Transportation Research Part E: Logistics and Transportation Review
Volume	141
Early online date	19 Jul 2020
DOIs	https://doi.org/10.1016/j.tre.2020.102025
Publication status	Published - 1 Sept 2020

Keywords

Freight logistics industry
Technology adoption
Blockchain
Analytic Network Process (ANP)
TOE

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10.1016/j.tre.2020.102025

HUANGs_2020_cright_Evaluating the factors that influence blockchain adoption in the freight logistics industryAccepted author manuscript (Post-print), 1.51 MBLicence: CC BY-NC-ND

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title = "Evaluating the factors that influence blockchain adoption in the freight logistics industry",

abstract = "This study proposes a technology- organization- environment (TOE) theoretical framework of critical factors that influence the successful adoption of blockchain technologies in the freight logistics industry and prioritize them using the analytic network process (ANP). The research findings indicate that {\textquoteleft}availability of specific blockchain tools{\textquoteright}, {\textquoteleft}infrastructural facility{\textquoteright}, and {\textquoteleft}government policy and support{\textquoteright} are the three topmost ranked significant factors that influence the adoption of blockchains in the freight logistics industry. These findings will aid government agencies, freight logistics firms and blockchain service providers in strategizing for the advancement and successful adoption of blockchain and improvement of overall organizational competitiveness.",

keywords = "Freight logistics industry, Technology adoption, Blockchain, Analytic Network Process (ANP), TOE",

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AU - Orji, Ifeyinwa Juliet

AU - Kusi-Sarpong, Simonov

AU - Huang, Shuangfa

AU - Vazquez-Brust, Diego Alfonso

PY - 2020/9/1

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AB - This study proposes a technology- organization- environment (TOE) theoretical framework of critical factors that influence the successful adoption of blockchain technologies in the freight logistics industry and prioritize them using the analytic network process (ANP). The research findings indicate that ‘availability of specific blockchain tools’, ‘infrastructural facility’, and ‘government policy and support’ are the three topmost ranked significant factors that influence the adoption of blockchains in the freight logistics industry. These findings will aid government agencies, freight logistics firms and blockchain service providers in strategizing for the advancement and successful adoption of blockchain and improvement of overall organizational competitiveness.

KW - Freight logistics industry

KW - Technology adoption

KW - Blockchain

KW - Analytic Network Process (ANP)

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DO - 10.1016/j.tre.2020.102025

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JF - Transportation Research Part E: Logistics and Transportation Review

M1 - 102025

ER -

Evaluating the factors that influence blockchain adoption in the freight logistics industry

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