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A Study on the Innovation Resistance Caused by Blockchain to the Shipping and Port Industry  

Chang, Myung-Hee (한국해양대학교 해운경영학부)
Kim, Yun-Mi (한국해양대학교 글로벌물류대학원 해운항만물류학과)
Publication Information
Journal of Korea Port Economic Association / v.35, no.4, 2019 , pp. 121-146 More about this Journal
Abstract
This study investigates the innovation resistance when blockchain technology is introduced for the shipping and port industry. For the development of a research model with suitable measures, we review and focus on innovation resistance factors with the blockchain technology derived from previous studies. In this research, we consider four factors (innovation characteristics, consumer characteristics, environmental characteristics, and cost characteristics) with innovation resistance as dependent variables. The innovation characteristics include relative benefits, complexity, and perceived risk. The consumer characteristics consider attitude toward existing products, innovation, and self-efficacy. Social impact variables are environmental characteristics and rationality of cost. In the statistical analysis, we set up eight hypotheses to test the significances between variables and find the following four empirical results. First, the relative advantage and the perceived risk have a significant effect on innovation characteristic, but the complexity of this characteristic has no significant effect on innovation resistance. Second, the rationality of cost has no significant effect on innovation resistance. Third, the attitude toward existing products has a positive effect and the innovation of the consumer characteristic has a negative effect on innovation resistance, while the self-efficacy has no significant effect. Finally, the social impact has a significant effect on innovation resistance to blockchain in the shipping and port industry.
Keywords
Blockchain; Innovation Resistance; Diffusion of Innovations; Shipping and Port;
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Times Cited By KSCI : 6  (Citation Analysis)
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