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1 – 4 of 4Taofeek Tunde Okanlawon, Luqman Oyekunle Oyewobi and Richard Ajayi Jimoh
The construction industry is frequently scrutinised by the public for a variety of issues, including waste, inefficiency, narrow profit margins, scheduling setbacks, budget…
Abstract
Purpose
The construction industry is frequently scrutinised by the public for a variety of issues, including waste, inefficiency, narrow profit margins, scheduling setbacks, budget overruns, quality concerns, trust deficits, transparency issues, coordination challenges, communication issues and fraud. The purpose of this paper is to assess the effect of blockchain technology adoption on the construction supply chain.
Design/methodology/approach
This study used a quantitative research approach through a questionnaire survey that was conducted among professionals in the Nigerian construction industry using the snowball sampling method, which resulted in a selection of 155 respondents. The collected data were analysed using partial least squares structural equation modelling, enabling a thorough assessment of the proposed relationships and offering valuable insights specific to the construction industry.
Findings
The study’s findings validated the conceptual framework established. The results indicated that implementing blockchain across all stages of the construction supply chain has the potential to improve the construction process. The study also revealed that blockchain technology will significantly affect the construction supply chain in a positive manner.
Research limitations/implications
This research was carried out in the South-western region which is one of the six geo-political zones in Nigeria using a cross-sectional survey method. The study holds implications not only for local construction practices but will also contribute to the broader discourse on national construction sector challenges and possible solutions.
Practical implications
The findings of this study will be immensely beneficial to both professionals, practitioners and stakeholders in the Nigerian construction industry in learning about the potential of blockchain technology application in improving the construction supply chain.
Originality/value
The study in this paper constructed and evaluated a conceptual framework by exploring the connections between the variables. The results have significant implications for the construction sector, as they provide avenues for enhancing the construction process and the overall supply chain. These findings are valuable for researchers examining the potential effects of blockchain technology on the construction supply chain.
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Luqman Oyewobi, Taofeek Tunde Okanlawon, Kabir Ibrahim and Richard Ajayi Jimoh
The construction industry faces public criticism for issues like wastefulness, inefficiency, slim profits, scheduling setbacks, budget overruns, quality concerns, trust deficits…
Abstract
Purpose
The construction industry faces public criticism for issues like wastefulness, inefficiency, slim profits, scheduling setbacks, budget overruns, quality concerns, trust deficits, transparency, coordination, communication and fraud. This paper aims to assess the nexus between barriers and drivers for adopting blockchain in construction and its impact on construction lifecycle.
Design/methodology/approach
A quantitative research approach was used to collect data using a well-structured questionnaire survey. The survey, which used snowball sampling, included 155 Nigerian construction experts that included architects, builders, quantity surveyors and engineers in the built environment. The data were analysed using partial least squares structural equation modelling (PLS-SEM), which allowed for a thorough evaluation of the proposed relationships as well as industry-specific insights.
Findings
The study's findings validate the conceptual framework established. The results indicate that implementing blockchain across all stages of construction projects has the potential to improve the construction process by 88.2% through its drivers. However, there were no significant relationships found between the barriers to adopting blockchain and the potential application areas in the construction lifecycle.
Research limitations/implications
This research was carried out in the South-western which is one of the six geo-political zones/regions in Nigeria, using a cross-sectional survey method. The study did not investigate the interdependence of the identified categories of drivers and barriers, limiting a comprehensive understanding of the complex dynamics and interactions influencing blockchain adoption in construction. The study is expected to stimulate further exploration and generate new insights on how blockchain technology (BT) can influence various stages of the construction lifecycle.
Practical implications
The findings will be immensely beneficial to both professionals and practitioners in the Nigerian construction industry in learning about the potential of BT application in improving the construction lifecycle.
Originality/value
This paper developed and assessed a conceptual framework by investigating the interrelationships between the constructs. The findings have important implications for the construction industry, as they offer opportunities to improve the construction process and overall lifecycle. The findings are useful for researchers interested in the potential impact of BT on the construction lifecycle and its wider implications.
Details
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Taofeek Tunde Okanlawon, Luqman Oyekunle Oyewobi and Richard Ajayi Jimoh
The purpose of this study is to assess the barriers to the implementation of blockchain technology in construction supply chain management in Nigeria.
Abstract
Purpose
The purpose of this study is to assess the barriers to the implementation of blockchain technology in construction supply chain management in Nigeria.
Design/methodology/approach
This study employed a quantitative research approach through a questionnaire survey that was conducted among professionals in the Nigerian construction industry using the snowball sampling method, which resulted in a selection of 155 respondents. The collected data were analysed using descriptive and exploratory factor analysis (EFA), while Cronbach's alpha was used to assess the reliability.
Findings
The analysis revealed that all barriers ranked above the average mean item score. It also revealed that all professionals have a convergent opinion on the barriers. EFA was used in clustering the identified barriers into two categories: technological and socio-political barrier.
Research limitations/implications
This research was carried out in the Southwestern region which is one of the six geo-political zones in Nigeria using a cross-sectional survey method.
Practical implications
The findings provide valuable insights into the barriers to the implementation of blockchain in supply chain management for professionals and practitioners in the Nigerian construction industry.
Originality/value
The research categorised the barriers into technological and social-political barrier and identified that lack of digitalisation is the major barrier to the implementation of blockchain technology in construction supply chain.
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Taofeek Tunde Okanlawon, Luqman Oyekunle Oyewobi and Richard Ajayi Jimoh
Blockchain technology (BT) is a relatively new technological innovation in all industries, including the construction industry, that is used to improve supply chain management…
Abstract
Purpose
Blockchain technology (BT) is a relatively new technological innovation in all industries, including the construction industry, that is used to improve supply chain management. Therefore, this study assesses the drivers for the implementation of BT in the construction supply chain management in Nigeria.
Design/methodology/approach
This study used a quantitative research approach, with a questionnaire survey administered to professionals in the Nigerian construction industry using the snowball sampling method, yielding 155 respondents. The collected data were analysed using descriptive and exploratory factor analysis (EFA) while Cronbach’s alpha was used to evaluate the reliability.
Findings
The analysis revealed that all the identified drivers ranked higher than the average mean item score, with level of awareness of the new technology and data management ranking topmost. The identified drivers were clustered into five categories using EFA: technological driver, social-economic driver, management driver, transparency and security driver and information driver.
Research limitations/implications
This research was carried out in the Southwestern region which is one of the six geo-political zones in Nigeria using a cross-sectional survey method.
Practical implications
The findings will be extremely useful to both professionals and practitioners in the Nigerian construction industry in gaining knowledge about the potential drivers to the implementation of BT in construction supply chain management.
Originality/value
The research categorized the drivers into technological, social-economic, management, transparency and security and information driver. It also identified that level of awareness of BT as the major driver in the implementation of BT in construction supply chain management.
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