A combinative perspective on technology adoption – a case analysis about blockchain technology adoption in Chinese financial industry

Ziwei Zhao, Daojuan Wang, Xianhua Wei

Publikation: Bidrag til bog/antologi/rapport/konference proceedingBidrag til bog/antologiForskningpeer review

Resumé

This chapter updates the technology adoption literatures by investigating the technology evolution and analyzing the network actor’s interactions in a case study of blockchain technology (BT) adoption in Chinese financial industry. Based on the primary data collected via interview and focus group discussion, as well as the secondary data from the websites and media reports. Three main findings and contributions are obtained. First of all, we propose a combinative perspective of technology evolution and social network to analyze the technology adoption. This adds new insights to the research on technology adoption. Secondly, we identify a close relationship between technology evolution and network actor’s interactions, which can explain how BT is adopted in Chinese financial industry, and three stages are distinguished under the background of worldwide BT development. Thirdly, this chapter analyzes BT adoption case systematically from different actors’ perspectives, such as investors, exchanges, BT companies, traditional financial institutions, government and block chain financial research institutes, which provides a comprehensive investigation of this phenomenon and suggests some future research directions Lastly, some adoption problems have been observed from this case and the corresponding solutions are proposed, which are expected to offer some managerial insights.
OriginalsprogEngelsk
TitelInternational Business and Emerging Markets
ForlagPalgrave Macmillan
Publikationsdato2019
StatusAccepteret/In press - 2019

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Case analysis
Financial industry
Technology adoption
Technology evolution
Interaction
Actor-network
Focus group discussion
Financial institutions
Government
Technology development
Investors
Research directions
Social networks
Web sites
Secondary data

Emneord

    Citer dette

    Zhao, Z., Wang, D., & Wei, X. (Accepteret/In press). A combinative perspective on technology adoption – a case analysis about blockchain technology adoption in Chinese financial industry. I International Business and Emerging Markets Palgrave Macmillan.
    Zhao, Ziwei ; Wang, Daojuan ; Wei, Xianhua. / A combinative perspective on technology adoption – a case analysis about blockchain technology adoption in Chinese financial industry. International Business and Emerging Markets. Palgrave Macmillan, 2019.
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    abstract = "This chapter updates the technology adoption literatures by investigating the technology evolution and analyzing the network actor’s interactions in a case study of blockchain technology (BT) adoption in Chinese financial industry. Based on the primary data collected via interview and focus group discussion, as well as the secondary data from the websites and media reports. Three main findings and contributions are obtained. First of all, we propose a combinative perspective of technology evolution and social network to analyze the technology adoption. This adds new insights to the research on technology adoption. Secondly, we identify a close relationship between technology evolution and network actor’s interactions, which can explain how BT is adopted in Chinese financial industry, and three stages are distinguished under the background of worldwide BT development. Thirdly, this chapter analyzes BT adoption case systematically from different actors’ perspectives, such as investors, exchanges, BT companies, traditional financial institutions, government and block chain financial research institutes, which provides a comprehensive investigation of this phenomenon and suggests some future research directions Lastly, some adoption problems have been observed from this case and the corresponding solutions are proposed, which are expected to offer some managerial insights.",
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    A combinative perspective on technology adoption – a case analysis about blockchain technology adoption in Chinese financial industry. / Zhao, Ziwei; Wang, Daojuan; Wei, Xianhua.

    International Business and Emerging Markets. Palgrave Macmillan, 2019.

    Publikation: Bidrag til bog/antologi/rapport/konference proceedingBidrag til bog/antologiForskningpeer review

    TY - CHAP

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    AU - Zhao, Ziwei

    AU - Wang, Daojuan

    AU - Wei, Xianhua

    PY - 2019

    Y1 - 2019

    N2 - This chapter updates the technology adoption literatures by investigating the technology evolution and analyzing the network actor’s interactions in a case study of blockchain technology (BT) adoption in Chinese financial industry. Based on the primary data collected via interview and focus group discussion, as well as the secondary data from the websites and media reports. Three main findings and contributions are obtained. First of all, we propose a combinative perspective of technology evolution and social network to analyze the technology adoption. This adds new insights to the research on technology adoption. Secondly, we identify a close relationship between technology evolution and network actor’s interactions, which can explain how BT is adopted in Chinese financial industry, and three stages are distinguished under the background of worldwide BT development. Thirdly, this chapter analyzes BT adoption case systematically from different actors’ perspectives, such as investors, exchanges, BT companies, traditional financial institutions, government and block chain financial research institutes, which provides a comprehensive investigation of this phenomenon and suggests some future research directions Lastly, some adoption problems have been observed from this case and the corresponding solutions are proposed, which are expected to offer some managerial insights.

    AB - This chapter updates the technology adoption literatures by investigating the technology evolution and analyzing the network actor’s interactions in a case study of blockchain technology (BT) adoption in Chinese financial industry. Based on the primary data collected via interview and focus group discussion, as well as the secondary data from the websites and media reports. Three main findings and contributions are obtained. First of all, we propose a combinative perspective of technology evolution and social network to analyze the technology adoption. This adds new insights to the research on technology adoption. Secondly, we identify a close relationship between technology evolution and network actor’s interactions, which can explain how BT is adopted in Chinese financial industry, and three stages are distinguished under the background of worldwide BT development. Thirdly, this chapter analyzes BT adoption case systematically from different actors’ perspectives, such as investors, exchanges, BT companies, traditional financial institutions, government and block chain financial research institutes, which provides a comprehensive investigation of this phenomenon and suggests some future research directions Lastly, some adoption problems have been observed from this case and the corresponding solutions are proposed, which are expected to offer some managerial insights.

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