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2022 | OriginalPaper | Chapter

Responsive Innovation of Blockchain Technology in Traditional Supply Chains

Authors : Jiayu Hu, Zhen Tan

Published in: Responsible Innovation Management

Publisher: Springer Nature Singapore

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Abstract

As a form of distributed ledger technology, blockchain is being increasingly studied for renovating traditional supply chains both theoretically and practically with a few real-world applications. However, the adoption of this technology may also lead to socioeconomic and environmental side-effects that could deviate it from the goal of being a responsive innovation. The recognition and understanding of the potential negative impact and risks of blockchain technology is a relatively recent development, especially for applications to operations and supply chain domain. In this chapter, we will scan a few recent studies by focusing on several potential challenges and disruptions for responsive integration of the technology into supply chain systems. Though few new suggestions are given, we highlight a need for careful considerations of these challenges and disruptions as well as creative and proactive system and policy design. Instead of giving a comprehensive literature review or discussion of this broad research topic, the main purpose of this chapter is to extract a few good examples and points from representative recent literature, so as to trigger timely investigations and explorations into the subject.

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Metadata
Title
Responsive Innovation of Blockchain Technology in Traditional Supply Chains
Authors
Jiayu Hu
Zhen Tan
Copyright Year
2022
Publisher
Springer Nature Singapore
Book
Responsible Innovation Management

Print ISBN: 978-981-19-4479-6

Electronic ISBN: 978-981-19-4480-2

Copyright Year: 2022

DOI
https://doi.org/10.1007/978-981-19-4480-2_1