Determinants of Blockchain Adoption as Decentralized Business Model by Spanish Firms : an Innovation Theory Perspective
Hashimy, Loha (Universitat de Barcelona)
Geetika, Jain (Universitat de Barcelona)
Grifell-Tatjé, Emili (Universitat Autònoma de Barcelona. Departament d'Empresa)

Imprint:	Emerald Group Publishing Ltd., 2022
Description:	25 pàg.
Abstract:	Purpose: Large attention surrounds identifying the meaningful blockchain business model on financial services, while a little focus about non-financial organizations and solutions in terms of how the blockchain business model can affect the organization and bring more value. To address the complex structure of businesses that have public goods, it is important to develop sustainable blockchain-based business models. Design/methodology/approach: This study offers the first qualitative research that uses an integrated technological, environmental and organizational (TOE) framework with technology acceptance theory (TAM) to study the adoption of blockchain technology by Spanish firms. Findings: The results of the paper discuss how that competitive pressure, competence, top management support and relative advantage have a positive impact on intention to adopt blockchain technology while complexity affects the intention to adopt the technology negatively. Contrary to many adoption studies, the findings show that intention to adopt negatively impacts adoption and outline the effect of blockchain on business model elements on the macroeconomic level. Originality/value: The key contribution of this study lies in providing a comprehensive understanding of the environmental, technological and organizational factors that impact the intention to adopt blockchain that eventually affects adoption.
Grants:	Agència de Gestió d'Ajuts Universitaris i de Recerca 2017/DI-056
Rights:	Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, la comunicació pública de l'obra i la creació d'obres derivades, sempre que no sigui amb finalitats comercials, i sempre que es reconegui l'autoria de l'obra original.
Language:	Anglès
Document:	Article ; recerca ; Versió acceptada per publicar
Subject:	Blockchain technology ; Business model ; Decentralized ; TAM ; TOE
Published in:	Industrial Management and Data Systems, Vol. 123, núm. 1 (2023) , p. 204-228, ISSN 0263-5577

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