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A blockchain‐enabled solution to improve intra‐inter organizational innovation processes in software small medium enterprises.

Authors :
Gupta, Chetna
Gupta, Varun
Fernandez‐Crehuet, Jose Maria
Source :
Engineering Reports; Jul2023, Vol. 5 Issue 7, p1-13, 13p
Publication Year :
2023

Abstract

Besides the substantial advantages of adopting information and communication technologies (ICTs), software small medium enterprises (SSMEs) face major challenges largely connected to knowledge sharing, security, and management of data and information. The objective of this paper is to propose a platform backed with the advantages of blockchain technologies, allowing intra‐ and inter‐organizational knowledge and information sharing in SSMEs without losing control and ownership. Blockchain technology has the potential to bring about significant improvements in enhancing business models and processes wherein the authenticity of data is provided by smart contracts at every access point in a distributed information cycle in a transparent manner. The findings will support businesses in enhancing information flow, innovation, and competitive advantage in the current dynamic market. Unlike existing studies, which merely discuss the broader use of blockchain technology in the SSME domain, this paper provides a fresh promising direction in transforming SSMEs digitally. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
25778196
Volume :
5
Issue :
7
Database :
Complementary Index
Journal :
Engineering Reports
Publication Type :
Academic Journal
Accession number :
166101999
Full Text :
https://doi.org/10.1002/eng2.12674