scholarly journals Technology Acceptance In Crowdfunding Among Retailers

2021 ◽  
Vol 39 (5) ◽  
Author(s):  
Mohammed Hariri Bakri ◽  
Mohammed Soleh Md Radzai ◽  
Ahmad Mujahid Mat Rasid

Crowdfunding is currently Malaysia's fastest growing source of alternative finance for companies. It is an enticing opportunity for entrepreneurs with innovative ideas who would not otherwise have found capital to leverage the power of the audience to bring goods and projects from the ground. Crowdfunding has traditionally been the go-to funding solution for individuals, startups and entrepreneurs. But more recently, retailers and larger companies have been using crowdfunding as an investment route, market research tool or promotional technique. The obvious attraction of crowdfunding for retailers is that it sidesteps the need to convince a bank or investor you can make their investment worthwhile. But the rewards of the crowdfunding model are not just financial. A crowdfunding campaign can raise awareness of a brand or product, deliver valuable information about demand for a product or service, and create an already established customer base once a campaign is complete. Hence, this research focused on determining the factors that could influence the prospective retailers' intention to collect fund from crowdfunding platform. The research selected the UTAUT model to determine the prospective retailer's intention toward collecting fund to the crowdfunding project. There were four independent variables, namely performance expectancy, effort expectancy, social influence, and reliability. The intention of the prospective retailer was selected as the dependent variable. With respect to the literature review, four hypotheses were developed in this study. To test the developed hypothesis in this study, descriptive research was adopted by applying a self-administered questionnaire distributed to respondents. For this study, convenience sampling was selected, whereby 379 respondents responded and answered the questions. All the independent variables have shown that they were positively significant to the intention of the prospective retailer. Hence, the intention of prospective retailer is influenced by performance expectancy, effort expectancy, social influence, and reliability. This research successfully contributed to the knowledge in this field by applying the UTAUT factor in the context of crowdfunding for expanding retail business. Regarding practitioners in this field, this research could act as a guideline or reference to enhance the retailer's intention to collect fund in a crowdfunding project. Lastly, for policymakers, it is hoped that this research could be used as a standard and reference for future crowdfunding initiatives by the government.

2020 ◽  
Author(s):  
Dong Yang Meier ◽  
Petra Barthelmess ◽  
Wei Sun ◽  
Florian Liberatore

BACKGROUND The advancement of wearable devices and growing demand of consumers to monitor their own health have influenced the medical industry. Health care providers, insurers, and global technology companies intend to develop more wearable devices incorporating medical technology and to target consumers worldwide. However, acceptance of these devices varies considerably among consumers of different cultural backgrounds. Consumer willingness to use health care wearables is influenced by multiple factors that are of varying importance in various cultures. However, there is insufficient knowledge of the extent to which social and cultural factors affect wearable technology acceptance in health care. OBJECTIVE The aims of this study were to examine the influential factors on the intention to adopt health care wearables, and the differences in the underlying motives and usage barriers between Chinese and Swiss consumers. METHODS A new model for acceptance of health care wearables was conceptualized by incorporating predictors of different theories such as technology acceptance, health behavior, and privacy calculus based on an existing framework. To verify the model, a web-based survey in both the Chinese and German languages was conducted in China and Switzerland, resulting in 201 valid Chinese and 110 valid Swiss respondents. A multigroup partial least squares path analysis was applied to the survey data. RESULTS Performance expectancy (β=.361, <i>P</i>&lt;.001), social influence (β=.475, <i>P</i>&lt;.001), and hedonic motivation (β=.111, <i>P</i>=.01) all positively affected the behavioral intention of consumers to adopt wearables, whereas effort expectancy, functional congruence, health consciousness, and perceived privacy risk did not demonstrate a significant impact on behavioral intention. The group-specific path coefficients indicated health consciousness (β=.150, <i>P=</i>.01) as a factor positively affecting only the behavior intention of the Chinese respondents, whereas the factors affecting only the behavioral intention of the Swiss respondents proved to be effort expectancy (β=.165, <i>P</i>=.02) and hedonic motivation (β=.212, <i>P</i>=.02). Performance expectancy asserted more of an influence on the behavioral intention of the Swiss (β=.426, <i>P</i>&lt;.001) than the Chinese (β=.271, <i>P</i>&lt;.001) respondents, whereas social influence had a greater influence on the behavioral intention of the Chinese (β=.321, <i>P</i>&lt;.001) than the Swiss (β=.217, <i>P</i>=.004) respondents. Overall, the Chinese consumers displayed considerably higher behavioral intention (<i>P</i>&lt;.001) than the Swiss. These discrepancies are explained by differences in national culture. CONCLUSIONS This is one of the first studies to investigate consumers’ intention to adopt wearables from a cross-cultural perspective. This provides a theoretical and methodological foundation for future research, as well as practical implications for global vendors and insurers developing and promoting health care wearables with appropriate features in different countries. The testimonials and support by physicians, evidence of measurement accuracy, and easy handling of health care wearables would be useful in promoting the acceptance of wearables in Switzerland. The opinions of in-group members, involvement of employers, and multifunctional apps providing credible health care advice and solutions in cooperation with health care institutions would increase acceptance among the Chinese.


Author(s):  
Mohd Izzat Latifa ◽  
Zukarnain Zakaria

Recently, Blockchain technology has attracted great attention in both private organisations and the public sector around the world. However, not many are aware and understand this new technology. Thus, lack of understanding of the Blockchain technology could influence the intention in adopting the technology. Therefore, the objective of this paper is to identify the behaviour intention towards adopting Blockchain Technology in the Malaysian Public Sector. Data were gathered using a questionnaire to analyse the relationship between factors such as Performance Expectancy, Effort Expectancy, Social Influence, Facilitating Conditions and Trust with Behavioural Intention to adopt Blockchain Technology. The data were gathered from 100 officers in various government department. The survey revealed that majority of the government officers are aware about the Blockchain technology. However, most of them have inadequate exposure and knowledge about the technology. Findings from the regression analysis found that Trust, Performance Expectancy and Social Influence positively and significantly influence the behaviour intention of government officers in adopting Blockchain technology. Meanwhile, Effort Expectancy and Facilitating Conditions were found not significant. The findings from this study suggest that it is essential to develop strategies to implement a suitable Blockchain application in the public sector. Prior to such implementation, it is imperative for government officers to be equipped with knowledge, skills and resources related to the Blockchain technology.


2020 ◽  
Vol 4 ◽  
pp. 00016
Author(s):  
RR. Adi Hendraningrum ◽  
Brainnanda Kevin Christanta ◽  
Cindiyosi Harits Ramadhani ◽  
Lalu Syafril Rahmadio

<p class="Abstract">This research is motivated by a collaboration between the Ministry of Tourism of the Republic of Indonesia and Grab Companies in Indonesia to provide tourism features in Grab Mobile Application. It is hoped that with this collaboration, tourists can use the application to travel and provide benefits. Based on this phenomenon the researcher wants to know how technology acceptance is, by using five factors, namely perceived performance expectancy, perceived effort expectancy, perceived trust, social influence, and perceived quality. This type of research is quantitative research with descriptive statistical research methods. The subjects of this study were 110 users of the Grab mobile application in Bandung. Data collection techniques that are used by researchers is by distributing questionnaires. In this research, we will discuss about 5 UTAUT factors in using the Grab application. The results of the study explained that the five factors show the good category where the perceived performance expectancy factor got score 2131 from 2750 as ideal score, perceived effort expectancy got 1362 from 1650, the perceived trust received 2519 from 3300, social influence got 845 from 1100 and perceived quality got 2854 from 3850. Suggestions regarding the Grab application in this study include intensifying the promotion of the Grab application and its tourism features so that more people are aware of and use the Grab application in tourism activities.&nbsp;<o:p></o:p></p>


Author(s):  
Kemi Ogunsola ◽  
Temilade Precious Olojo

This contribution examines the factors (performance expectancy, effort expectancy, social influence, and trust) that influence continuance usage intention of Web 2.0 by citizens. A questionnaire was administered to 311 users of Federal Inland Revenue Service and Federal Road Safety Commission's Facebook and Twitter pages in Lagos and Ibadan in Nigeria. Descriptive analyses were used to answer three research questions, while linear regression was used to test seven research hypotheses stated in the study. Findings reveal that there is a significant joint influence of performance expectancy, effort expectancy, and social influence on citizens' continuance usage intention of Web 2.0. There is also a significant joint influence relating to trust in the internet and the government on citizens' continuance usage intention of Web 2.0. Among others, the study recommends that government agencies should engage citizens more in public decisions making processes through the use of Web 2.0-related applications.


2017 ◽  
Vol 14 (2) ◽  
pp. 159-180 ◽  
Author(s):  
Pedro Isaias ◽  
Francisco Reis ◽  
Clara Coutinho ◽  
Jose Alberto Lencastre

Purpose This paper examines the acceptance, of a group of 79 students, of an educational forum, used for mobile and distance learning, that has been modified to include empathic characteristics and affective principles. Design/methodology/approach With this study is proposed that the introduction of empathic and affective principles in educational forums is a useful and effective way to increase students’ participation and motivation in educational contexts. After an analysis of existing literature and research on the subject of empathic technology, the unified theory of acceptance and use of technology (UTAUT) was used as a framework for the research model. The analysis of their acceptance is done via an extended version of the UTAUT that focuses on the use of the variable attitude toward technology and uses gender, age and experience as moderators. A partial least square technique has been used to test the nine hypotheses. Findings The results confirmed three of the nine hypotheses: performance expectancy and effort expectancy had a positive influence on the students attitudes towards empathic forums, while the effect of social influence and facilitating conditions was considered insignificant; social influence had a positive influence on the students’ behavioral intention to use emphatic forums, while attitude toward technology, performance expectancy, facilitating conditions and effort expectancy were considered not relevant. Originality/value The focus of this study was the influence of attitude toward empathic forums, used for mobile and distance learning, and the results establish the grounds for future research on attitude as an important determinant of technology acceptance.


2018 ◽  
Vol 8 (1) ◽  
pp. 33
Author(s):  
Alfan Amrullah ◽  
Anjar Priyono

Abstract: This research aims to analyse the acceptance of Go-Ride, motorbike taxibooking application, using Unified Theory of Acceptance and Usage of Technology(UTAUT) model. The uniqueness of this study is that it integrates risk into the UTAUTmodel. Four variables were used as independent variables including peformanceexpectancy, effort expectancy, social influence and facilitating condition. Meanwhile,three variables are used as moderating variables: gender, age and experience.University students were selected as respondent because young age people tends to bemore risk takers in comparison to the old one. According 151 data samples collectedfrom university students, the results demonstrated that acceptance of Go-Ridetechnology influenced by four factors: performance expectancy, effort expectancy,social influence and behavioral intention On the otherhand, performance risk, financialrisk, time risk and facilitating condition do not support to the acceptance and usage ofGo-Ride technolology.


2021 ◽  
Vol 16 (2) ◽  
pp. 27-58
Author(s):  
Shamsurin Ahmad ◽  
◽  
Sharina Tajul Urus ◽  
Sharifah Nazatul Faiza Syed Mustapha Nazri ◽  
◽  
...  

The Fourth Industrial Revolution (IR 4.0), which is complementary to the technological revolution, has given birth to Financial Technology (Fintech). Numerous advantages are offered by Fintech, yet the adoption rate is still low. This is especially from the employed fresh graduates’ perspectives that are regarded as the computer literate and IT savvy’s group. This research aims to examine the factors that affect the technology acceptance of Fintech payment services. The research attempts to measure the relationships between performance expectancy, effort expectancy, social influence, facilitating condition and consumers’ trust with the adoption of Fintech. Based upon the Unified Theory of Acceptance and Use of Technology (UTAUT), the quantitative method was employed via online survey of 179 respondents. The result showed that consumers’ trust had the highest impact on the adoption of Fintech payment services, followed by performance expectancy and effort expectancy. In contrast, facilitating conditions and social influence showed an insignificant relationship with the adoption of Fintech payment services. This finding would enhance the awareness for people to become more open towards the acceptance of Fintech for their daily transactions. Fintech companies are expected to develop into more secure services and design better products in becoming a cashless society. Keywords: UTAUT, consumers’ trust, financial technology, Fintech, Fintech payment services adoption, employed fresh graduates


2021 ◽  
Vol 13 (14) ◽  
pp. 7671
Author(s):  
Wenjuan Li

This research particularly aims to investigate how trust and perceived risk influence citizens’ e-government adoption. The findings of the study reveal that citizens’ trust of the government (TOG) and trust of the internet (TOI) positively affect citizens’ e-government adoption (EGA); perceived risk (PR) is negatively associated with citizens’ EGA. Interestingly, this study also demonstrates the negative moderating effect of PR on the relationship between TOG and EGA, TOI and EGA. The results also indicate that performance expectancy (PE), effort expectancy (EE), social influence (SI), and facilitation conditions (FC) influence citizens’ EGA positively. Lastly, implications for practice and research are discussed.


Author(s):  
Rita P. Francis

As wide-scale adoption by the market and consumers of ubiquitous devices or mobile apps that track fitness, sleep, nutrition, and basic metabolic parameters increases, it is vital to understand the attitudes of healthcare providers toward these devices. No researcher has previously examined how constructs related to technology acceptance have impacted healthcare providers' behavioral intention for self-monitoring devices (SMD). This was a quantitative, non-experimental study to examine SMD acceptance, intent to use, and other factors important to physicians regarding SMD. Statistical analysis of the data gathered showed that the second version of the Unified Theory of Acceptance and Usage of Technology (UTAUT2) constructs of performance expectancy, hedonic motivation, and price value were positively associated with the behavioral intention of SMD by physicians while effort expectancy and social influence were not. Furthermore, social influence was associated with use, while performance expectancy, effort expectancy, and hedonistic motivation were not. Major positive implications of these findings include: contribution to the body of literature in the health information technology (HIT) arena regarding factors that influence technology acceptance and potential increase in the adoption of SMD among healthcare providers.


2019 ◽  
Vol 39 (4) ◽  
pp. 175-179
Author(s):  
Okocha Foluke

The study examined the adoption of electronic books (e-books) among undergraduate students in Kwara State, Nigeria using the unified theory of technology acceptance and use model (UTAUT), with a view to understanding the factors that lead to its adoption. The population consisted of 300 undergraduate students from federal, state and private universities in Kwara State, Nigeria. Results showed that usage of electronic books in scholarly databases, procured by the library, was relatively low, with more than 50 per cent of respondents claiming to have used e-books only once. Students in federal and state universities showed preference for e-books while private university students showed preference for paper books. In examining the intention to adopt e-books, using the UTAUT model, results showed that performance expectancy, effort expectancy, social influence and facilitating conditions were major determinants of e-book adoption, while gender played a moderating role. Performance expectancy and effort expectance significantly influenced male students, while effort expectancy, social influence, facilitating conditions influenced female students significantly. It is paramount for university administrators to encourage the adoption of electronic books by promoting a lecturer-student model and improving the user interface to encourage the use of these resources.


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