International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

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Factors Influencing Smes' Performance In Adopting Blockchain Technology: Predictive Insights And Business Operational Implications In Alignment With Oman’s Vision 2040

Author(s) Mrs. Farkhanda Rauf, Mr.Said Khalfan Salim Al Amri, Mr.Faisal Al-Farsi, Dr.Khalid Abu Zayed
Country Oman
Abstract This research investigates the relationship between blockchain technology adoption and SMEs' performance in Oman using the TOE model and RBV theory, considering Oman's vision for 2040. The study uses a questionnaire to collect data from 82 SMEs in Oman to develop a comprehensive framework for blockchain technology adoption. Structural equation modeling (SEM) was used to test the hypothesis. Several elements, such as innovative characteristics, technical context, organizational context, personal characteristics, and environmental context, are revealed by the research as factors that influence the deployment of blockchain technology by small and medium-sized enterprises (SMEs).
Keywords Blockchain technology, small and medium enterprises (SMEs), economic development, digital society and Oman vision 2024.
Field Business Administration
Published In Volume 6, Issue 4, July-August 2024
Published On 2024-08-27
DOI https://doi.org/10.36948/ijfmr.2024.v06i04.26199
Short DOI https://doi.org/gt8g64

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