The Convergence of Green Innovation and Digital Technologies: A Blockchain-Enabled Framework for Sustainable Development
This study examines the relationship between blockchain technology capabilities, green innovation performance, and sustainable development outcomes in Indonesian manufacturing companies using Partial Least Squares Structural Equation Modeling. Data were collected from manufacturing firms with over ten years of operation through structured questionnaires employing seven-point Likert scales. While internal consistency reliability proved acceptable with Cronbach's Alpha and composite reliability values exceeding established thresholds, the study encountered severe discriminant validity failures that fundamentally compromise structural model interpretations. The correlation between green innovation performance and sustainable development outcomes substantially exceeded acceptable thresholds, indicating empirical indistinguishability between constructs, while several factor loadings approached minimum acceptable levels. Despite these critical methodological limitations, structural analysis revealed strong blockchain-green innovation relationships and weak direct blockchain-sustainability effects, suggesting potential mediation patterns through green innovation performance. However, the discriminant validity failure prevents definitive theoretical conclusions, requiring cautious interpretation of all findings. The cross-sectional design further limits causal inference capabilities. Results suggest organizations should focus on capability development alongside blockchain adoption, though measurement validity issues necessitate substantial methodological refinement in future research. This study contributes to understanding blockchain-sustainability relationships in manufacturing contexts while highlighting critical methodological challenges that must be addressed before advancing theoretical knowledge. The findings align with Dynamic Capabilities Theory perspectives, suggesting that technological resources become valuable through organizational capability development rather than direct implementation.
Authors
- Ade Asria Radiany
- Halek Mu’min (ORCID: https://orcid.org/0009-0004-9946-0468)
- Yeasir Arafat (ORCID: https://orcid.org/0000-0003-4154-5501)
- Romi Pramono
- Ester Darmawan
- Lisnawati Mantero
Institutions
- INTI International University (MY)
- Pancasila University (ID)
- Universitas Ciputra (ID)
Publication Details
- Journal
- International Journal of Accounting and Economics Studies
- Published
- 2025-11-16
- DOI
- https://doi.org/10.14419/4vavsq26
- Primary Topic
- Impact of AI and Big Data on Business and Society
- Type
- article
- Field-Weighted Citation Impact
- 0.00