| Title: | Independent vs. collaborative blockchain research and development: operational decisions in food supply chains |
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| Authors: | ID Kang, Y. X. (Author)
ID Feng, J. Y. (Author)
ID Zhang, W. J. (Author) |
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| Files: |  APEM20-1_061-074.pdf (861,83 KB)
MD5: BCBD071CF619AEE8C610631EAE9D19E1
 https://apem-journal.org/Archives/2025/VOL20-ISSUE01.html
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| Language: | English |
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| Work type: | Article |
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| Typology: | 1.01 - Original Scientific Article |
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| Organization: | FS - Faculty of Mechanical Engineering
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| Abstract: | As blockchain increasingly demonstrates advantages in enhancing consumer trust and reducing collaborative production costs in food supply chains, more food companies are developing blockchain-based supply chain management platforms. However, in a complex and competitive supply chain environment, food companies face critical operational management challenges in selecting appropriate blockchain R&D approaches and determining optimal R&D levels. This study examines two competing food companies deciding on their optimal food production and blockchain R&D levels. We first established a benchmark model without blockchain adoption. Then, we constructed supply chain operation models for both independent and collaborative blockchain R&D scenarios. By comparing equilibrium decisions across different models, we derived the optimal blockchain R&D model and operational strategies in food supply chains. Furthermore, we extended our analysis to consider asymmetric food substitution scenarios. Our findings revealed that independent blockchain R&D tends to increase equilibrium food production and is more suitable for premium food supply chains. Conversely, collaborative blockchain R&D significantly enhanced overall supply chain profitability. As spillover effects increase, food companies are likely to favor independent blockchain R&D to achieve higher R&D levels and stronger market competitiveness. Additionally, we demonstrated that blockchain R&D levels are influenced by food substitutability and quality credibility. |
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| Keywords: | blockchain adoption, food supply chains, game theory, competitive collaboration, operation strategy, spillover effects |
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| Publication status: | Published |
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| Publication version: | Version of Record |
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| Submitted for review: | 01.10.2024 |
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| Article acceptance date: | 07.04.2025 |
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| Publication date: | 29.04.2025 |
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| Publisher: | Fakulteta za strojništvo |
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| Year of publishing: | 2025 |
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| Number of pages: | str. 61-74 |
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| Numbering: | Vol. 20, no. 1 |
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| PID: | 20.500.12556/DKUM-96563  |
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| UDC: | 658.7 |
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| ISSN on article: | 1854-6250 |
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| COBISS.SI-ID: | 265279235 |
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| DOI: | 10.14743/apem2025.1.527 |
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| Publication date in DKUM: | 19.01.2026 |
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| Views: | 157 |
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| Downloads: | 2 |
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| Metadata: |    |
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| Categories: | Misc.
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