Unlocking the potential: exploring the drivers behind blockchain and its influence on SMEs performance within TOE framework
The TQM Journal,
Journal Year:
2025,
Volume and Issue:
unknown
Published: March 20, 2025
Purpose
This
study
aims
to
identify
the
factors
influencing
blockchain
adoption
and
assess
its
impact
on
financial
market
performance
of
small
medium-sized
enterprises
(SMEs)
in
Oman,
utilizing
Technology–Organization–Environment
(TOE)
framework.
Design/methodology/approach
The
nature
is
explanatory
based
data
gathered
from
282
SME
owners
managers/employees
using
a
convenience
sampling
method.
After
examining
construct
validity
reliability,
Partial
Least
Squares
with
Structural
Equation
Modelling
was
used
examine
proposed
model
study.
Findings
results
indicate
that
all
determinants,
including
Cost
Concerns,
Top
Management
Support,
Relative
Advantage,
Technology
Compatibility,
Security
Concerns
Technological
Readiness
are
significant
load-on
drivers
for
adoption.
However,
Government
Policy
Vendor
Support
were
deemed
insignificant
contributors
Moreover,
has
favourable
effect
both
as
well
performance.
Practical
implications
finds
there
great
possibility
technology
transforming
SMEs
Oman
by
boosting
security,
transparency
efficiency
processes.
supports
Vision
2040
towards
advancing
technology,
economic
development
job
creation.
Managers
policy
makers
should,
therefore,
encourage
this
innovation.
Originality/value
highlights
importance
firms
line
national
authorities'
plans
2040.
findings
will
add
significantly
existing
body
knowledge
providing
holistic
understanding
determinants
perspective
TOE
framework
influence
Language: Английский
Investigating the critical drivers of Fintech adoption to promote business sustainability of SMEs
Global Knowledge Memory and Communication,
Journal Year:
2024,
Volume and Issue:
unknown
Published: Nov. 27, 2024
Purpose
Under
the
integrated
perspective
of
Net
Valence
Framework
(NVF)
and
Theory
Reasoned
action
(TRA),
this
research
intends
to
examine
impact
drivers
(perceived
risks
(PRs)
benefits)
on
FinTech
adoption
(FA)
as
well
business
sustainability
(BS)
small
medium-sized
enterprises
(SMEs)
in
Oman.
The
purpose
study
is
SMEs
Oman
,
under
Action
(TRA).
Design/methodology/approach
Primary
data
was
collected
from
402
owners
managers
Muscat,
using
a
purposive
sampling
method.
Structural
Equation
Modeling
with
Partial
Least
Squares
mainly
applied
assess
PRs
perceived
benefits
(PBs)
determining
both
FA
BS
SMEs.
Findings
results
indicate
that
PBs
(economic,
convenience,
transaction
efficiency)
positively
FA,
while
(financial,
legal,
security,
operational)
act
deterrents
toward
FA.
Both
significantly
influence
BS.
itself
fosters
sustainability,
directly
enhance
it
through
ease
use,
cost
reduction
knowledge
acquisition.
Conversely,
hinder
due
concerns
about
skills
gaps,
social
inclusion
environmental
considerations.
Practical
implications
forms
model
capturing
pros
cons
provide
stakeholders
ideas
would
promote
drive
fintech-based
growth
innovation.
For
instance,
by
improving
financial
management
efficiency,
increasing
market
access
enhancing
competitiveness,
can
adopt
fintech
solutions
support
sustainable
achieve
Sustainable
Development
Goals
across
region’s
economy.
Originality/value
current
research,
lens
NVF
TRA,
explores
contribution
determined
context
Language: Английский