Implications and Conclusion

Zhang, Chen, Gong, Yu and Brown, Steve (2023) Implications and Conclusion. In, Contributions to Management Science. (Contributions to Management Science) Springer Cham, pp. 283-299. (doi:10.1007/978-3-031-27054-3_9).

Record type: Book Section

Abstract

This chapter is a summary of the whole research. It provides the answers to the research questions, presents contributions of the research, identifies the research limitations, and provides directions for future research.

This record has no associated files available for download.

More information

Published date: 1 April 2023

Additional Information: Funding Information: In addition, common barriers are summarised in four categories among the three cases via the PBV analysis: intra-organisational barriers, inter-organisational barriers, systems-related barriers, and external barriers (Saberi et al., 2018). The intra-organisational barriers relate to the focal company itself. For example, SMEs may have concerns over financial constraints while investing in blockchain. The lack of understanding of blockchain also negatively influences blockchain design. From the observation, BeefLedger and FairChain, as start-ups and a SME, had received funding from governments to support their blockchain projects. Funding Information: For third parties including governments and NGOs, this research can also provide some implications. This research finds that the supportive attitude and encouragement from third parties can greatly help companies to implement blockchain. All the case companies received different levels of support from third parties. For instance, BeefLedger and FairChain applied for funding from governments to launch their blockchain platforms. NGOs and local communities also helped FairChain to solve communication issues with farmers. W company also maintained a close relationship with the government and was invited to the “China Food Safety Publicity Week” for a presentation about blockchain system. Thus, being supportive to the innovations of third parties can greatly enhance a company’s confidence in blockchain adoption. Publisher Copyright: © 2023, The Author(s), under exclusive license to Springer Nature Switzerland AG.