Influence of Blockchain Adoption on Technology Transfer, Performance and Supply Chain Integration, Flexibility and Responsiveness. A Case Study from IT&C Medium-Sized Enterprises
Sebastian Ion Ceptureanu, Roy Cerqueti, Adriana Alexandru, Doina Popescu, Gurjeet Dhesi, Eduard Gabriel Ceptureanu
Abstract
In this manuscript we intend to analyze how blockchain technology can improve supply chain variables and technology transfer in medium-sized enterprises from IT&C sector. Blockchain technology is expected to enhance the velocity and reliability of business and managerial processes and increase competitiveness for IT&C companies. We sought to see if these combined elements lead to the generation of competitive advantage, which in turn influences the firm performance. Based on the study of relevant literature, we developed a conceptual and methodological framework and test it on 383 medium-sized companies from IT&C sector, using the Confirmatory Factor Analysis. The results of the study show that blockchain technology positively influences supply chain variables and technology transfer, with direct effects on the firm performance