Figure 1
Six stages form a sequential process across the top: initiation, adoption, adaptation, acceptance, routinisation and infusion. Supply chain structural amplifiers comprise downstream power, multi-tier dependencies, certification regimes and uneven cost distribution. An arrow from these amplifiers points towards 4 vertically arranged mechanisms: network legitimacy, uncertainty reduction, institutional paradoxes and cognitive reframing. Network legitimacy has an upward arrow towards the process between adaptation and acceptance. At the bottom, institutional pillars comprise regulative, normative and cognitive. An upward arrow from the institutional pillars points towards cognitive reframing.Institutional pressures and mechanisms influencing blockchain assimilation
Source: Authors’ own work