The Effect of Domain Specific Innovativeness on Exploratory Purchasing Behavior in Innovative Products
Subject Areas : Innovation and Invention
alireza khorakian
1
,
Mona Kardani malekinezhad
2
,
Fariborz Rahimnia
3
1 - Ferdosi University
2 - Ferdosi University
3 - Ferdosi University
Abstract :
Innovation in a company is the key to success and survival in a competitive environment. The current study provides insights into management of planning and marketing of innovative technologies such as wearable technology. Businesses with new ideas have to use strategic approaches to identify and effectively communicate with innovators with the goal of successfully launching innovative products such as wearable smart products. They need to comprehand the importance of modernizers as crucial determinants of the adoption of smart wearable products. Therefore, The present research investigates the effects of innovativeness to a specific domain on exploratory purchasing behavior of the consumers of innovative products. The research method is analytical-survey, and its statistical population is the consumers of smart wearable products in Mashhad. A questionnaire was used to collect the initial data. Using the appropriate formulas, the sample size was determined 390. After gathering data, research hypotheses were analyzed using structural equation modeling and Amos software. The results of the research show that domain specific innovativeness has a positive and significant effect on the exploration purchasing behavior of smart wearable products, and all four hypotheses are confirmed. Finally, suggestions are also presented based on the results.
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