Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/37176
Appears in Collections:Management, Work and Organisation Book Chapters and Sections
Title: Blockchain Technology Adoption for Economic and Social Upgrading
Author(s): Choksy, Umair Shafi
Ayaz, Muhammad
Francis, James
Contact Email: umair.choksy@stir.ac.uk
Editor(s): Sinlovics, Noemi
Sinovics, Rudolf R
Boussebaa, Mehdi
Fletcher, Margaret
Citation: Choksy US, Ayaz M & Francis J (2024) Blockchain Technology Adoption for Economic and Social Upgrading. In: Sinlovics N, Sinovics RR, Boussebaa M & Fletcher M (eds.) The Academy of International Business. Springer Nature Switzerland, pp. 175-191. https://doi.org/10.1007/978-3-031-46802-5_9
Keywords: Blockchain technology adoption
Economic upgrading
Social upgrading
Lead firms' power
Issue Date: 2024
Date Deposited: 29-May-2025
Series/Report no.: The Academy of International Business
Abstract: A significant technological advancement in recent years is the emergence of blockchain technology. The implementation of blockchain technology in supply chains has had drastic impacts on economic, social, and environmental outcomes. In this conceptual paper, we aim to provide a reflective perspective on the current literature to understand the role of blockchain technology adoption on economic and social upgrading in global value chains. This work focuses on the trade-offs between economic and social upgrading for suppliers in developing economies and on the conditions under which this trade-off can be minimized. We argue that blockchain technology adoption can lead to process upgrading and social upgrading for suppliers in developing economies. However, the adoption of blockchain technology is likely to increase lead firms’ power and will moderate the outcomes from process and social upgrading.
DOI Link: 10.1007/978-3-031-46802-5_9
Licence URL(s): http://www.rioxx.net/licenses/under-embargo-all-rights-reserved

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