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.
Original language | English |
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Title of host publication | Responsible Innovation Management |
Editors | Hing Kai Chan, Martin J. Liu, Jie Wang, Tiantian Zhang |
Place of Publication | Singapore |
Publisher | Springer Singapore |
Pages | 1-15 |
Number of pages | 15 |
ISBN (Electronic) | 9789811944802 |
ISBN (Print) | 9789811944796 |
Publication status | Published - Sept 2022 |
Keywords
- Blockchain technology
- Supply chain management
- Responsive innovation