Dark side of blockchain technology adoption in SMEs: an Indian perspective

Arunkumar O.N., Divya D., Jikku Susan Kurian
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Abstract

Purpose The purpose of this paper is to understand the dark side of blockchain technology (BCT) adoption in small and mid-size enterprises. The focus of the authors is to decode the intricate relationship among the selected variables missing in the existing literature. Design/methodology/approach A focused group approach is initiated by the authors to identify the barriers. Total interpretive structural modeling, Matrice d'impacts croisés multiplication appliquée á un classment, that is, matrix multiplication applied to classification and decision-making trial and evaluation laboratory are used to analyze the complex relationships among identified barriers. Findings This study finds that implementation of BCT reduces maintenance cost by withdrawing manual effort, as BCT has better capability to quantify the internal status of the system (observability characteristic). The observability characteristic of BCT provides high compatibility to the system. This study also finds that the compatibility of BCT with the organization reduces implementation cost and facilitates project management. The findings of this study recommend analyzing maintenance cost and compatibility of BCT before implementing it. Small and mid-size enterprises can select complex BCT depending on the sophistication level of IT usage and IT project management capabilities. Research limitations/implications This study comes with various limitations, where the model developed by the authors may not be conclusive, as it is based exclusively on expert opinion. The samples collected may not help in validating the model statistically. Though the model has its limitations, it can still be considered as a nascent initiative for further investigation using structural equation modeling. Originality/value The outcomes of the theoretical and managerial contributions of the study can be categorized into three levels. This study can be used both by the industrialists and researchers to understand the barriers and the recovery methods thereafter. Suggestions that serve as future directives are also discussed by the authors.
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中小企业采用区块链技术的黑暗面:印度视角
目的本文的目的是了解中小型企业采用区块链技术(BCT)的黑暗面。作者的重点是解码现有文献中缺失的选定变量之间的复杂关系。设计/方法论/方法由作者发起以小组为重点的方法来识别障碍。总体解释性结构建模,Matrice d’impacts croisés乘法应用于分类,即矩阵乘法应用于分级和决策试验和评估实验室,用于分析已识别障碍之间的复杂关系。发现本研究发现,由于BCT具有更好的量化系统内部状态(可观察性特征)的能力,因此BCT的实施通过减少人工工作来降低维护成本。BCT的可观测性特性为系统提供了很高的兼容性。本研究还发现,BCT与组织的兼容性降低了实施成本,促进了项目管理。这项研究的结果建议在实施BCT之前分析其维护成本和兼容性。中小型企业可以根据it使用的复杂程度和it项目管理能力选择复杂的BCT。研究局限性/含义这项研究有各种局限性,作者开发的模型可能不是决定性的,因为它完全基于专家意见。所收集的样本可能无助于对模型进行统计验证。尽管该模型有其局限性,但它仍然可以被视为使用结构方程建模进行进一步研究的一项新举措。原创性/价值研究的理论和管理贡献的结果可以分为三个层次。工业家和研究人员都可以利用这项研究来了解障碍和此后的恢复方法。作者还讨论了作为未来指示的建议。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
3.90
自引率
13.30%
发文量
22
期刊最新文献
Unveiling virtual chat group inclusiveness code of conduct by Nigerians New social media nones: how and why Americans have changed their use of social media to consume political news Adoption of blockchain technology in organizations: from morality, ethics and sustainability perspectives How to program autonomous vehicle (AV) crash algorithms: an Islamic ethical perspective Dark side of blockchain technology adoption in SMEs: an Indian perspective
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