Evaluating the impact of blockchain technology development on food industry entrepreneurship

Subject Areas : Agricultural Economics Research

Foad Eshghi ¹ , Seyed Mojtaba Mojaverian ² , Tahereh Ranjbar Malekshah ³ , Seyede Samira Kamalmousavi ⁴

1 - 1. Assistant Professor of Agricultural Economics, University of Agricultural Science and Natural Resources, Sari, Iran.
2 - Associate Professor of Agricultural Economics, University of Agricultural Science and Natural Resources, Sari, Iran.
3 - Ph.D. of Agricultural Economics, University of Agricultural Science and Natural Resources, Sari, Iran.
4 - Ph.D. Student, Agricultural Economics, University of Agricultural Science and Natural Resources, Sari, Iran.

Received: 2022-02-19 Accepted : 2023-11-04 Published : 2024-04-20

Keywords: Food Industry, Fear of Failure Rate, Blockchain Technology, Governance Indicators,

Abstract :

Given that entrepreneurship is considered a tool for economic growth and innovation in all countries and is essential for the well-being of society, it is necessary to identify the factors affecting it and try to improve the current situation. The purpose of this study was to investigate the relationship between the variables of blockchain recognition, investment in blockchain, and governance indicators with the Fear of Failure Rate of entrepreneurial failure. For this purpose, the panel data method was used. The data used are from China, India, Indonesia, Iran, Japan, Saudi Arabia, South Korea, United Arab Emirates, Thailand, and Turkey during the years 2020-2010. According to the results, there is a significant relationship between including Voice and Accountability, Political Stability, Regulatory Quality, Control of Corruption, and Rule of Law, as well as two variables of recognition and investment in blockchain with the Fear of Failure Rate. Based on this, it can be stated that the sample countries can take steps to improve the entrepreneurial situation by developing the necessary conditions for the use of blockchain technology.

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