Cover image for Innovation Behavior of Older Consumers : An Empirical Analysis of Older and Younger Consumers' Determinants of Consumer Electronic Products Ownership.
Innovation Behavior of Older Consumers : An Empirical Analysis of Older and Younger Consumers' Determinants of Consumer Electronic Products Ownership.
Title:
Innovation Behavior of Older Consumers : An Empirical Analysis of Older and Younger Consumers' Determinants of Consumer Electronic Products Ownership.
Author:
Tank, Armin.
ISBN:
9783653031805
Personal Author:
Physical Description:
1 online resource (369 pages)
Series:
Marktorientierte Unternehmensführung ; v.36

Marktorientierte Unternehmensführung
Contents:
Cover -- Vorwort des Herausgebers -- Editor's Preface -- Table of Content -- Figures -- Tables -- Abbreviations -- Statistical Abbreviations and Symbols -- 1 Introduction -- 1.1 Aging Societies and the Importance of Older Consumers -- 1.2 "Older Consumer" Definition -- 1.3 Research Objective -- 1.4 Dissertation Structure -- 2 Gerontology - Aging from the Perspective of Different Sciences -- 2.1 History and Objective of Gerontology -- 2.2 Demographic Aspects of Aging -- 2.3 Biological Aspects of Aging -- 2.3.1 Changes of External Appearance -- 2.3.2 Changes of Sensory Organs -- 2.3.3 Changes of Locomotor System -- 2.3.4 Changes in Health and Epidemiology -- 2.4 Psychological Aspects of Aging -- 2.4.1 Learning and Memory -- 2.4.2 Intelligence -- 2.4.3 Personality -- 2.5 Sociological Aspects of Aging -- 2.5.1 Daily Activities -- 2.5.2 Social Network -- 2.5.3 Family Life Cycle -- 2.5.4 Critical Life Events and Daily Hassles -- 2.6 Aging Theories -- 2.6.1 Change Theories -- 2.6.2 Continuity Theories -- 2.7 Economic Aspects of Aging -- 2.7.1 Financial Situation of Old Consumers -- 2.7.2 Expenses of Old Consumers -- 2.8 Conclusion -- 3 Innovation Theory -- 3.1 Innovation Definition -- 3.2 Innovation Diffusion Research -- 3.3 Innovation Adoption Research -- 3.4 Innovation Decision Process -- 3.4.1 Different Models of the Innovation Decision Process -- 3.4.2 Awareness -- 3.4.3 Interest -- 3.4.4 Evaluation -- 3.4.5 Adoption or Rejection -- 3.5 Conceptualization of Adoption Determinants -- 3.5.1 Product-Specific Variables as Adoption Determinants -- 3.5.1.1 Perceived Relative Advantage -- 3.5.1.2 Perceived Compatibility -- 3.5.1.3 Perceived Complexity -- 3.5.1.4 Perceived Trialability and Divisibility -- 3.5.1.5 Perceived Observability and Communicability -- 3.5.1.6 Perceived Risk -- 3.5.2 Personal Characteristic Variables as Adoption Determinants.

3.5.2.1 Sociodemographic Variables -- 3.5.2.2 Psychographic Variables -- 3.5.2.3 Social Integration -- 3.5.3 Situational Variables as Adoption Determinants -- 4 Older Consumers and Consumer Electronic Products -- 4.1 Product Category Selection: Consumer Electronic Products -- 4.2 Assessing the Relevance of Determinants in the Context of Older and Younger Consumers Regarding Innovations -- 4.2.1 Role of "Age" in Innovation Adoption -- 4.2.2 Assessing the Relevance of Product-Specific Variables -- 4.2.2.1 Perceived Relative Advantage -- 4.2.2.2 Perceived Compatibility -- 4.2.2.3 Perceived Product Complexity -- 4.2.2.4 Perceived In-Store Complexity -- 4.2.2.5 Perceived Trialability and Divisibility -- 4.2.2.6 Perceived Observability and Communicability -- 4.2.2.7 Perceived Risk -- 4.2.3 Assessing the Relevance of Personal CharacteristicVariables -- 4.2.3.1 Sociodemographic Variables -- 4.2.3.2 Psychographic Variables -- 4.2.3.3 Social Assistance -- 4.2.4 Assessing the Relevance of Situational Variables -- 5 Empirical Analysis -- 5.1 Summary of Hypotheses and Research Strategy -- 5.1.1 Summary of Hypotheses -- 5.1.2 Research Strategy -- 5.2 Operationalization -- 5.2.1 Theoretical Background of the Operationalization Process -- 5.2.2 Single-Item Measures -- 5.2.2.1 Sociodemographic Variables -- 5.2.2.2 Further Descriptive Variables -- 5.2.3 Multi-Item Measures: Scales -- 5.2.3.1 Relative Advantage -- 5.2.3.2 Product Complexity -- 5.2.3.3 In-Store Complexity -- 5.2.3.4 Performance Risk -- 5.2.3.5 Financial Risk -- 5.2.3.6 Interest -- 5.2.3.7 Psychological Risk -- 5.2.3.8 Self-Efficacy -- 5.2.3.9 Social Pressure -- 5.2.4 Multi-Item Measures: Weighted Indices -- 5.2.4.1 Weighted CEPO Index (CEPO_w) -- 5.2.4.2 Social Assistance Index -- 5.2.4.3 Knowledge Compatibility Index -- 5.3 Questionnaire Development and Data Collection Strategy.

5.3.1 Particularities in Surveying Older Respondents -- 5.3.2 Questionnaire Structure -- 5.3.3 Study Sample -- 5.3.4 Data Collection Procedure -- 5.4 Statistical Data Analysis Methods -- 5.4.1 Exploratory Factor Analysis -- 5.4.1.1 Theoretical Background -- 5.4.1.2 Assumptions -- 5.4.1.3 Scale Reliability -- 5.4.2 Analysis of Variance -- 5.4.2.1 Theoretical Background -- 5.4.2.2 Assumptions -- 5.4.3 Regression Analysis -- 5.4.3.1 Theoretical Background -- 5.4.3.2 Assumptions -- 5.5 Description of the Survey Sample -- 5.5.1 Preliminary Sample Analysis -- 5.5.1.1 Questionnaire Response -- 5.5.1.2 Plausibility Checks -- 5.5.2 Sociodemographic Description of the Survey Sample -- 5.5.3 CEPO Analysis -- 5.5.3.1 Possession of Innovative and Non-Innovative CEP (ProductView) -- 5.5.3.2 Respondent Analysis Regarding CEPO (Personal View) -- 5.5.3.3 CEPO_w Analysis (Personal View) -- 5.5.4 Descriptive Statistics of the Adoption Determinant Items -- 5.6 Scale Development -- 5.6.1 Testing for EFA Assumptions -- 5.6.1.1 Unbiased Intercorrelations -- 5.6.1.2 Multivariate Normality -- 5.6.1.3 Substantial Intercorrelations -- 5.6.2 Factor Extraction and Interpretation -- 5.6.3 Scale Reliability -- 5.6.4 Descriptive Statistics of the Final Scales and Indices -- 5.7 Hypotheses Testing and Empirical Analysis of the Research Questions -- 5.7.1 Relationship Between Age and CEP Ownership -- 5.7.2 Consumers' General Assessment of Innovative CEP -- 5.7.2.1 Assumption Testing -- 5.7.2.2 Results -- 5.7.2.3 Summary -- 5.7.3 Impact of Age on CEP Ownership and on Adoption Determinants -- 5.7.3.1 Assumption Testing -- 5.7.3.2 Results of the Single Regression Analyses -- 5.7.3.3 Summary -- 5.7.4 Impact of Adoption Determinants on CEP Ownership -- 5.7.4.1 Assumption Testing -- 5.7.4.2 Results of the Multiple Regression Analyses -- 5.7.4.3 Summary.

5.7.5 Diverse Research Questions and Analyses -- 5.7.5.1 Information Source Selection -- 5.7.5.2 Social Assistance -- 5.7.5.3 Situational Variables -- 5.7.5.4 Cognitive Age -- 5.7.5.5 Gender Analyses -- 6 Conclusion -- 6.1 Synopsis and Interpretation of the Results -- 6.2 Limitations of the Study and Critical Discussion -- 6.3 Outlook and Further Research -- Appendix -- Bibliography.
Abstract:
This book picks up two mega trends: On the one hand population figures demonstrate the structural transition of the majority of western industrial nations. This demographic change has manifold consequences, especially on companies and their clients. On the other hand most of the markets are characterized by increasingly shorter product life cycles and global competition. The commercialization of innovations represents one possibility to remain competitive in this environment. The author connects important aspects of these two subject matters and identifies existing differences in the consumer behavior of older and younger individuals regarding innovative consumer electronic devices - a product category that is characterized by an exceptionally high pace of innovation.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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