The Effect of Blockchain Operation Capabilities on Competitive Performance in Supply Chain Management

Owing to blockchain characteristics such as transparency, traceability, and disintermediation, blockchain technology has been widely employed in sustainable supply chain management. The COVID-19 pandemic has accelerated the use of blockchain technology in the supply chain. Although most companies ha...

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Autores principales:	Zhi-Peng Li, Hyi-Thaek Ceong, Sang-Joon Lee
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	blockchain operation capabilities resource-based view sociomaterialism theory supply chain integration sustainable supply chain management competitive performance Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
Acceso en línea:	https://doaj.org/article/2a5c6cce90d94af7b926d94955cd35d1
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spelling	oai:doaj.org-article:2a5c6cce90d94af7b926d94955cd35d12021-11-11T19:43:19ZThe Effect of Blockchain Operation Capabilities on Competitive Performance in Supply Chain Management10.3390/su1321120782071-1050https://doaj.org/article/2a5c6cce90d94af7b926d94955cd35d12021-11-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/21/12078https://doaj.org/toc/2071-1050Owing to blockchain characteristics such as transparency, traceability, and disintermediation, blockchain technology has been widely employed in sustainable supply chain management. The COVID-19 pandemic has accelerated the use of blockchain technology in the supply chain. Although most companies have realized the importance of blockchain technology, they often lack understanding of how to plan, measure, cultivate, and improve their own blockchain operation capabilities. Academic research has insufficiently explored the connotations and internal structure of blockchain operation capabilities and does not provide a clear understanding of how to transform blockchain operation capabilities to produce effective performance. In this context, we proposed a concept of blockchain operation capabilities for first time. We took the perspectives of the resource-based view and sociomaterialism theory, based on IT capabilities, big data analysis capabilities, and existing blockchain supply chain research, and explored the relationship between blockchain operation capabilities and competitive performance. We then constructed a hierarchical model for blockchain operation capabilities. To test our proposed research model, we used an online survey to collect data from 1206 firm managers with blockchain technology supply chain experience. The results showed that blockchain operation capabilities has a positive impact on supply chain integration and competitive performance, while supply chain integration has a strong mediating effect on the blockchain operation capabilities and competitive performance relationship. Implications for research and practice are discussed.Zhi-Peng LiHyi-Thaek CeongSang-Joon LeeMDPI AGarticleblockchain operation capabilitiesresource-based viewsociomaterialism theorysupply chain integrationsustainable supply chain managementcompetitive performanceEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 12078, p 12078 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	blockchain operation capabilities resource-based view sociomaterialism theory supply chain integration sustainable supply chain management competitive performance Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
spellingShingle	blockchain operation capabilities resource-based view sociomaterialism theory supply chain integration sustainable supply chain management competitive performance Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 Zhi-Peng Li Hyi-Thaek Ceong Sang-Joon Lee The Effect of Blockchain Operation Capabilities on Competitive Performance in Supply Chain Management
description	Owing to blockchain characteristics such as transparency, traceability, and disintermediation, blockchain technology has been widely employed in sustainable supply chain management. The COVID-19 pandemic has accelerated the use of blockchain technology in the supply chain. Although most companies have realized the importance of blockchain technology, they often lack understanding of how to plan, measure, cultivate, and improve their own blockchain operation capabilities. Academic research has insufficiently explored the connotations and internal structure of blockchain operation capabilities and does not provide a clear understanding of how to transform blockchain operation capabilities to produce effective performance. In this context, we proposed a concept of blockchain operation capabilities for first time. We took the perspectives of the resource-based view and sociomaterialism theory, based on IT capabilities, big data analysis capabilities, and existing blockchain supply chain research, and explored the relationship between blockchain operation capabilities and competitive performance. We then constructed a hierarchical model for blockchain operation capabilities. To test our proposed research model, we used an online survey to collect data from 1206 firm managers with blockchain technology supply chain experience. The results showed that blockchain operation capabilities has a positive impact on supply chain integration and competitive performance, while supply chain integration has a strong mediating effect on the blockchain operation capabilities and competitive performance relationship. Implications for research and practice are discussed.
format	article
author	Zhi-Peng Li Hyi-Thaek Ceong Sang-Joon Lee
author_facet	Zhi-Peng Li Hyi-Thaek Ceong Sang-Joon Lee
author_sort	Zhi-Peng Li
title	The Effect of Blockchain Operation Capabilities on Competitive Performance in Supply Chain Management
title_short	The Effect of Blockchain Operation Capabilities on Competitive Performance in Supply Chain Management
title_full	The Effect of Blockchain Operation Capabilities on Competitive Performance in Supply Chain Management
title_fullStr	The Effect of Blockchain Operation Capabilities on Competitive Performance in Supply Chain Management
title_full_unstemmed	The Effect of Blockchain Operation Capabilities on Competitive Performance in Supply Chain Management
title_sort	effect of blockchain operation capabilities on competitive performance in supply chain management
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/2a5c6cce90d94af7b926d94955cd35d1
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The Effect of Blockchain Operation Capabilities on Competitive Performance in Supply Chain Management

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