Affiliation:
1. International Business School Shaanxi Normal University Xi'an China
2. School of Mathematics and Statistics Shaanxi Normal University Xi'an China
Abstract
AbstractAlthough the decentralization and traceability features of blockchain technology are crucial for fostering closed‐loop production, there are numerous obstacles and insufficient incentives for its implementation. This paper constructs the analysis framework of blockchain adoption and application in closed‐loop production, including four parts: blockchain adoption incentive contract, condition analysis of blockchain application, revenue analysis of blockchain application, and information screening analysis of blockchain application. It is found that the adoption incentive contract is an important driving force to promote manufacturer to apply blockchain technology, and the manufacturer needs to pay information rent to the consumer under information asymmetry. The manufacturer can obtain consumer traceability preference and realize information screening between the manufacturer and consumer. Consumer traceability preference for new products can better promote traceable information technology level and closed‐loop revenue. This research is of great significance in promoting sustainable closed‐loop production.
Funder
National Natural Science Foundation of China
Social Science Foundation of Shaanxi Province
Subject
Management of Technology and Innovation,Management Science and Operations Research,Strategy and Management,Computer Science Applications,Business and International Management
Cited by
4 articles.
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