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Factors affecting SME executives’ intentions to adopt smart factories

The case of Korea

Bibliographic Data

ID21501005
AuthorsChangweon Kwak (Urban Regeneration Division, City of Jeongeup, Korea (the Republic of)), Cheolho Yoon (0000-0003-3315-5941, Mokpo National University, Korea (the Republic of), corresponding author), José Martí Parreño (0000-0001-5928-7956, Valencian International University), José Martí-Parreño (Universidad Internacional de Valencia-VIU, Spain)
Year2025
Volume41
Issue4
Pages1423-1441
Publication date2025-11-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueInformation Development (JOURNAL)
Journal identifiersISSN: 0266-6669 • E-ISSN: 1741-6469
PublisherSAGE Publications (PUBLISHER • US)
DOI10.1177/02666669231205525
OpenAlexW4387300069
LanguageEN
Citations received1
References cited29

In order to enhance the competitiveness of the manufacturing industry in the face of the great turning point of the 4th Industrial Revolution, governments around the world are making great efforts to spread smart factories to small and medium enterprises (SMEs). The purpose of this study was to explore the factors that influence SME executives’ intentions to adopt a smart factory. To this end, a research model was developed based on the technology acceptance model (TAM), the technology-organization-environment (TOE) framework, and resource dependence theory (RDT). Data from 175 valid questionnaires were collected from SME executives in Korea and analyzed using structural equation modeling. The results of the analysis indicated that perceived usefulness did not influence SME executives’ intentions to adopt a smart factory. However, the perceived importance extracted from the RDT had a strong impact on SME executives’ intention to adopt a smart factory. As a result of the study, we identified practical implications for SMEs’ adoption of smart factories

Business · Industrial organization · Knowledge management · Structural equation modeling · Technology Acceptance Model · Usability · Computer Science · Impact of AI and Big Data on Business and Society · Innovation Diffusion and Forecasting · Technology Adoption and User Behaviour · Marketing

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Unique citing works1
Citations per year1
Citation span2025 - 2025 (1)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 1

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