Determinants of technology adoption in US oil and gas industry Online publication date: Tue, 27-Jul-2021
by Ronald Salazar; Rupak Rauniar; Jeff Blodgett
International Journal of Technology, Policy and Management (IJTPM), Vol. 21, No. 2, 2021
Abstract: Studies point out that the extent of new technology adoption in an organisation is a good indicator of both successful implementation and integration of such technology in operations. Implementation of new technologies in an organisation requires proper top management support and resource commitment for resource requirements to adoption effort. An important measure to indicate organisational readiness to adopt new technology is the organisation's absorptive capacity. New and innovative technologies are continuously being introduced in O&G industry despite the turbulent economic cycle it had been facing since 2014. Yet this segment of economy has received less attention in scientific management studies. The current study empirically investigates relationship between key variables identified in adoption literatures- i.e., absorptive capacity, top management support, resource commitment, and task-technology fit with adoption of new technology in US Oil and Gas (O&G) industry. Discussion of the empirical results, implications, and limitation of this study is also provided.
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