Bioplastics value chain and blockchain: reducing transaction costs

Purpose – This paper aims to identify and explain the main transaction costs (TCs) in the second-generation bioplastics value chain and to propose the insertion of blockchain technology to reduce TCs. Design/methodology/approach – It is a holistic single case study of a firm that produces a bioplast...

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Main Authors: Eduarda Lara Mendonça Moreira, Andrei Domingues Cechin
Format: Article
Language:English
Published: Emerald Publishing 2025-05-01
Series:RAUSP Management Journal
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/RAUSP-12-2023-0253/full/pdf
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author Eduarda Lara Mendonça Moreira
Andrei Domingues Cechin
author_facet Eduarda Lara Mendonça Moreira
Andrei Domingues Cechin
author_sort Eduarda Lara Mendonça Moreira
collection DOAJ
description Purpose – This paper aims to identify and explain the main transaction costs (TCs) in the second-generation bioplastics value chain and to propose the insertion of blockchain technology to reduce TCs. Design/methodology/approach – It is a holistic single case study of a firm that produces a bioplastic resin made from açaí seeds residues. It analyzed transactions occurred between input supplier (cooperative) and resin factory and between resin factory and transformation industry. Findings – Dominant TCs result from monitoring specific attributes of pretreated açaí seeds and biopolymers, supplier selection, environmental purchasing, time and place specificity, quality control management and technological specificity. Research limitations/implications – Blockchain can potentially reduce TCs by enhancing trust, transparency, material traceability and information exchange. Practical implications – Blockchain can support the further development and commercialization of genuine biodegradable bioplastics by assuring product quality and functioning as a distributed database for stakeholders, minimizing a specific type of opportunism: “greenwashing”. Social implications – This study can help create metrics and policies to achieve the United Nations’ Sustainable Development Goal related to consumption and production patterns by doing better with less and increasing resource efficiency while contributing to strengthening Brazil’s circular (bio)economy. Originality/value – This study’s originality lies in framing the most important challenges regarding TCs in developing bioplastics chains, which can be significantly reduced using a particular distributed database technology.
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institution Kabale University
issn 2531-0488
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publishDate 2025-05-01
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series RAUSP Management Journal
spelling doaj-art-7042e6ad16704cac80c54a8aab0e95b82025-08-20T03:53:57ZengEmerald PublishingRAUSP Management Journal2531-04882025-05-01601698510.1108/RAUSP-12-2023-0253Bioplastics value chain and blockchain: reducing transaction costsEduarda Lara Mendonça Moreira0Andrei Domingues Cechin1Institute of Biological Sciences, Universidade de Brasília, Brasília, BrazilDepartment of Economics, Universidade de Brasília, Brasília, BrazilPurpose – This paper aims to identify and explain the main transaction costs (TCs) in the second-generation bioplastics value chain and to propose the insertion of blockchain technology to reduce TCs. Design/methodology/approach – It is a holistic single case study of a firm that produces a bioplastic resin made from açaí seeds residues. It analyzed transactions occurred between input supplier (cooperative) and resin factory and between resin factory and transformation industry. Findings – Dominant TCs result from monitoring specific attributes of pretreated açaí seeds and biopolymers, supplier selection, environmental purchasing, time and place specificity, quality control management and technological specificity. Research limitations/implications – Blockchain can potentially reduce TCs by enhancing trust, transparency, material traceability and information exchange. Practical implications – Blockchain can support the further development and commercialization of genuine biodegradable bioplastics by assuring product quality and functioning as a distributed database for stakeholders, minimizing a specific type of opportunism: “greenwashing”. Social implications – This study can help create metrics and policies to achieve the United Nations’ Sustainable Development Goal related to consumption and production patterns by doing better with less and increasing resource efficiency while contributing to strengthening Brazil’s circular (bio)economy. Originality/value – This study’s originality lies in framing the most important challenges regarding TCs in developing bioplastics chains, which can be significantly reduced using a particular distributed database technology.https://www.emerald.com/insight/content/doi/10.1108/RAUSP-12-2023-0253/full/pdfSecond-generation bioplasticsBlockchainTransaction costsCircular economyBiodegradableValue chain transparency
spellingShingle Eduarda Lara Mendonça Moreira
Andrei Domingues Cechin
Bioplastics value chain and blockchain: reducing transaction costs
RAUSP Management Journal
Second-generation bioplastics
Blockchain
Transaction costs
Circular economy
Biodegradable
Value chain transparency
title Bioplastics value chain and blockchain: reducing transaction costs
title_full Bioplastics value chain and blockchain: reducing transaction costs
title_fullStr Bioplastics value chain and blockchain: reducing transaction costs
title_full_unstemmed Bioplastics value chain and blockchain: reducing transaction costs
title_short Bioplastics value chain and blockchain: reducing transaction costs
title_sort bioplastics value chain and blockchain reducing transaction costs
topic Second-generation bioplastics
Blockchain
Transaction costs
Circular economy
Biodegradable
Value chain transparency
url https://www.emerald.com/insight/content/doi/10.1108/RAUSP-12-2023-0253/full/pdf
work_keys_str_mv AT eduardalaramendoncamoreira bioplasticsvaluechainandblockchainreducingtransactioncosts
AT andreidominguescechin bioplasticsvaluechainandblockchainreducingtransactioncosts