Blockchain technology adoption for carbon trading and energy efficiency: ISO manufacturing firms in Malaysia

This study aims to investigate organisational factors of blockchain adoption for carbon trading and energy efficiency. This study develops a new theoretical model based on technology, organisation and environment (TOE), and Diffusion of Innovation (DOI) theories to fill the literature gaps. The unde...

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Main Authors: Fernando, Yudi, Tseng, Ming-Lang, Wahyuni-TD, Ika Sari, Sroufe, Robert, Mohd-Zailani, Nik Ida Amiera
Format: Article
Language:English
English
Published: Taylor and Francis Ltd. 2022
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/34463/
http://umpir.ump.edu.my/id/eprint/34463/1/Blockchain%20technology%20adoption%20for%20carbon%20trading%20and%20energy%20efficiency%20ISO%20manufacturing%20firms%20in%20Malaysia.pdf
http://umpir.ump.edu.my/id/eprint/34463/7/Blockchain%20technology%20adoption%20for%20carbon%20trading%20.pdf
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author Fernando, Yudi
Tseng, Ming-Lang
Wahyuni-TD, Ika Sari
Sroufe, Robert
Mohd-Zailani, Nik Ida Amiera
author_facet Fernando, Yudi
Tseng, Ming-Lang
Wahyuni-TD, Ika Sari
Sroufe, Robert
Mohd-Zailani, Nik Ida Amiera
author_sort Fernando, Yudi
building UMP Institutional Repository
collection Online Access
description This study aims to investigate organisational factors of blockchain adoption for carbon trading and energy efficiency. This study develops a new theoretical model based on technology, organisation and environment (TOE), and Diffusion of Innovation (DOI) theories to fill the literature gaps. The underpinning theories are utilised to capture the motivation of manufacturing industry firms to adopt blockchain technology while supporting carbon trading activities. Using survey data, we examine the perception of early adopters of blockchain technology and their relationships to energy efficiency. The results show that attributes such as the contract system, firm size, and compatibility significantly affect energy efficiency. Paradoxically, top management support, competitive pressure, regulatory support, relative advantage, and complexity were not, as prior literature suggests, crucial drivers. Adopting blockchain technology can help a firm improve business transparency, manage energy consumption, and provide a strong business case for firms in this study.
first_indexed 2025-11-15T03:14:13Z
format Article
id ump-34463
institution Universiti Malaysia Pahang
institution_category Local University
language English
English
last_indexed 2025-11-15T03:14:13Z
publishDate 2022
publisher Taylor and Francis Ltd.
recordtype eprints
repository_type Digital Repository
spelling ump-344632022-10-20T02:30:03Z http://umpir.ump.edu.my/id/eprint/34463/ Blockchain technology adoption for carbon trading and energy efficiency: ISO manufacturing firms in Malaysia Fernando, Yudi Tseng, Ming-Lang Wahyuni-TD, Ika Sari Sroufe, Robert Mohd-Zailani, Nik Ida Amiera H Social Sciences (General) HF Commerce T Technology (General) This study aims to investigate organisational factors of blockchain adoption for carbon trading and energy efficiency. This study develops a new theoretical model based on technology, organisation and environment (TOE), and Diffusion of Innovation (DOI) theories to fill the literature gaps. The underpinning theories are utilised to capture the motivation of manufacturing industry firms to adopt blockchain technology while supporting carbon trading activities. Using survey data, we examine the perception of early adopters of blockchain technology and their relationships to energy efficiency. The results show that attributes such as the contract system, firm size, and compatibility significantly affect energy efficiency. Paradoxically, top management support, competitive pressure, regulatory support, relative advantage, and complexity were not, as prior literature suggests, crucial drivers. Adopting blockchain technology can help a firm improve business transparency, manage energy consumption, and provide a strong business case for firms in this study. Taylor and Francis Ltd. 2022 Article PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/34463/1/Blockchain%20technology%20adoption%20for%20carbon%20trading%20and%20energy%20efficiency%20ISO%20manufacturing%20firms%20in%20Malaysia.pdf pdf en http://umpir.ump.edu.my/id/eprint/34463/7/Blockchain%20technology%20adoption%20for%20carbon%20trading%20.pdf Fernando, Yudi and Tseng, Ming-Lang and Wahyuni-TD, Ika Sari and Sroufe, Robert and Mohd-Zailani, Nik Ida Amiera (2022) Blockchain technology adoption for carbon trading and energy efficiency: ISO manufacturing firms in Malaysia. International Journal of Logistics Research and Applications. pp. 1-22. ISSN 1367-5567. (In Press / Online First) (In Press / Online First) https://doi.org/10.1080/13675567.2022.2090527 https://doi.org/10.1080/13675567.2022.2090527
spellingShingle H Social Sciences (General)
HF Commerce
T Technology (General)
Fernando, Yudi
Tseng, Ming-Lang
Wahyuni-TD, Ika Sari
Sroufe, Robert
Mohd-Zailani, Nik Ida Amiera
Blockchain technology adoption for carbon trading and energy efficiency: ISO manufacturing firms in Malaysia
title Blockchain technology adoption for carbon trading and energy efficiency: ISO manufacturing firms in Malaysia
title_full Blockchain technology adoption for carbon trading and energy efficiency: ISO manufacturing firms in Malaysia
title_fullStr Blockchain technology adoption for carbon trading and energy efficiency: ISO manufacturing firms in Malaysia
title_full_unstemmed Blockchain technology adoption for carbon trading and energy efficiency: ISO manufacturing firms in Malaysia
title_short Blockchain technology adoption for carbon trading and energy efficiency: ISO manufacturing firms in Malaysia
title_sort blockchain technology adoption for carbon trading and energy efficiency: iso manufacturing firms in malaysia
topic H Social Sciences (General)
HF Commerce
T Technology (General)
url http://umpir.ump.edu.my/id/eprint/34463/
http://umpir.ump.edu.my/id/eprint/34463/
http://umpir.ump.edu.my/id/eprint/34463/
http://umpir.ump.edu.my/id/eprint/34463/1/Blockchain%20technology%20adoption%20for%20carbon%20trading%20and%20energy%20efficiency%20ISO%20manufacturing%20firms%20in%20Malaysia.pdf
http://umpir.ump.edu.my/id/eprint/34463/7/Blockchain%20technology%20adoption%20for%20carbon%20trading%20.pdf