Leveraging blockchain technology for green innovation in ecosystem-based business models: A dynamic capability of values appropriation

被引:119
作者
Chin, Tachia [1 ]
Shi, Yi [1 ]
Singh, Sanjay Kumar [2 ]
Agbanyo, George Kwame [3 ]
Ferraris, Alberto [4 ,5 ,6 ]
机构
[1] Zhejiang Univ Technol, Sch Management, Hangzhou 310023, Peoples R China
[2] Maynooth Univ, Sch Business, Maynooth, Kildare, Ireland
[3] Honghe Univ, Sch Business, Mengzi, Peoples R China
[4] Univ Torino, Dept Management, Corso Unione Soviet 218 Bis, I-10134 Turin, Italy
[5] Ural Fed Univ, Grad Sch Econ & Management, Lab Int & Reg Econ, I Filipovica 4, Rijeka 51000, Croatia
[6] Univ Rijeka, Fac Econ & Business, I Filipovica 4, Rijeka 51000, Croatia
关键词
Disruptive technology; Blockchain technology; Ecosystem; Business model; Dynamic capability; Value appropriation; ENVIRONMENTAL RESPONSIBILITY; EMPIRICAL-EVIDENCE; VALUE CREATION; MEDIATING ROLE; PERFORMANCE; IMPACT; DRIVERS; GROWTH; FIRMS;
D O I
10.1016/j.techfore.2022.121908
中图分类号
F [经济];
学科分类号
02 ;
摘要
Stakeholders' pressure for environmental sustainability asks firms to develop ecosystem-based business models (EBMs) driven by a disruptive technology that strategically prioritizes green innovation. Given the infancy of the relevant issues, there is scarce empirical evidence addressing how blockchain technology (BT) as a typical disruptive technology triggers the formation of EBMs with higher levels of platformisation and stakeholder diversity. To address this need, from the dynamic capability view, we identify value appropriation capability (VAC) as a vital catalyst translating BT into realizing green innovation in EBMs. Our results indicate that BT and VAC positively affect green innovation performance, while VAC also mediates the BT-green innovation relationship in EBMs. The main contribution is to offer new insight into the mechanisms between disruptive technology and the evolution towards EBMs through the lens of a previously under-researched dynamic capability, VAC. We also provide feasible, practical guidance for organizations to inspire green innovation and establish sustainable EBMs.
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页数:11
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