In this article, an innovation diffusion model with the nonlinear acceptance is proposed to describe the dynamics of three competing products in a market. It is proved that the model admits a unique positive equilibri...In this article, an innovation diffusion model with the nonlinear acceptance is proposed to describe the dynamics of three competing products in a market. It is proved that the model admits a unique positive equilibrium, which is globally stable by excluding the existence of periodic solutions and by using the theory of three dimensional competition systems.展开更多
In this article, a nonlinear mathematical model for innovation diffusion with stage structure which incorporates the evaluation stage （time delay） is proposed. The model is analyzed by considering the effects of ext...In this article, a nonlinear mathematical model for innovation diffusion with stage structure which incorporates the evaluation stage （time delay） is proposed. The model is analyzed by considering the effects of external as well as internal influences and other demographic processes such as emigration, intrinsic growth rate, death rate, etc. The asymptotical stability of the various equilibria is investigated. By analyzing the exponential characteristic equation with delay-dependent coefficients obtained through the variational matrix, it is found that Hopf bifurcation occurs when the evaluation period （time delay, T） passes through a critical value. Applying the normal form theory and the center manifold argument, we de- rive the explicit formulas determining the properties of the bifurcating periodic solutions. To illustrate our theoretical analysis, some numerical simulations are also included.展开更多
Strategic innovation diffusion converts newly created knowledge into increasing a firm’s value primarily through innovative product offerings.In this paper,we present a time-based adoption pattern with pricing and pr...Strategic innovation diffusion converts newly created knowledge into increasing a firm’s value primarily through innovative product offerings.In this paper,we present a time-based adoption pattern with pricing and promotional expenditure as a three-dimensional innovation diffusion model(3D-IDM).In our proposed 3D-IDM,we assume that value of the product plays a crucial role of being the major driver of diffusion,and is classified into the following three main factors:(1)continuation time of the product in the market–representing goodwill of the product;(2)price of the product–indicating consumers’buying behaviour;and(3)marketing efforts of the firm.A special form of the Cobb–Douglas production function is used to design the three-dimensional framework.An empirical study is performed on number of consumer-durable sales data to validate and compare the proposed model.Various performance measures are treated uniquely using the Mahalanobis distance-based approach(DBA)to determine the relative strength of each model.展开更多
The purpose of college English teaching is to train students in listening, speaking, reading and writing English proficiency in all aspects. With the rapid development of society and innovative college English teachin...The purpose of college English teaching is to train students in listening, speaking, reading and writing English proficiency in all aspects. With the rapid development of society and innovative college English teaching concepts and models, the use of innovation diffusion theory is to guide the reform of college English teaching this subject into the spotlight. The use of innovative teaching mode diffusion theory can mobilize students a variety of sensory coordination and cooperation can be achieved to enhance English learning, to enhance the purpose of English proficiency. This paper will apply to the specific circumstances of innovation diffusion theory college English teaching reform of College English Teaching in the diffusion of innovation theory perspective.展开更多
In this paper, the model of competing technologies diffusion was set up in order to analyze the relationship of competing technologies in diffusion process, and the stability of diffusion model with two kinds of compe...In this paper, the model of competing technologies diffusion was set up in order to analyze the relationship of competing technologies in diffusion process, and the stability of diffusion model with two kinds of competing technologies was analyzed. It is concluded that dominator can hold competing vantage by suppressing its opponent, and besides, whether competing technology can gain superiority in diffusion process depends on the success rates of technology diffusion when the two kinds of technology match each other in strength.展开更多
Cloud manufacturing is a specific implementation form of the "Internet + manufacturing" strategy. Why and how to develop cloud manufacturing platform(CMP), however, remains the key concern of both platform o...Cloud manufacturing is a specific implementation form of the "Internet + manufacturing" strategy. Why and how to develop cloud manufacturing platform(CMP), however, remains the key concern of both platform operators and users. A microscopic model is proposed to investigate advantages and diffusion forces of CMP through exploration of its diffusion process and mechanism. Specifically, a three-stage basic evolution process of CMP is innovatively proposed. Then, based on this basic process, a more complex CMP evolution model has been established in virtue of complex network theory, with five diffusion forces identified. Thereafter, simulations on CMP diffusion have been conducted. The results indicate that, CMP possesses better resource utilization,user satisfaction, and enterprise utility. Results of simulation on impacts of different diffusion forces show that both the time required for CMP to reach an equilibrium state and the final network size are affected simultaneously by the five diffusion forces. All these analyses indicate that CMP could create an open online cooperation environment and turns out to be an effective implementation of the "Internet + manufacturing" strategy.展开更多
The innovations actually diffuse among social network nowadays.Individual heterogeneity,interactions between individuals and network topology influence a lot.We established a "double threshold" modified mode...The innovations actually diffuse among social network nowadays.Individual heterogeneity,interactions between individuals and network topology influence a lot.We established a "double threshold" modified model and took the number of neighbors,neighbors' adoption and the cost-benefit parameters as crucial influencing factors.The diffusion of DaLingTong(CDMA450)products in MeiShan city of SiChuan province during 2004 to 2007 has been used to verity the model on Matlab.The validation results fit the actual diffusion pattern of DaLingTong(CDMA450) products very well.The results indicate that there exists a "tipping point(threshold)" in the process of innovation diffusion.If the initial adoption quantity is larger than the tipping point,then the product will spread to a large portion of people,otherwise is will collapse to zero.The model can effectively predict the diffusion of new products,and can influence the diffusion process by changing the value of the parameters.展开更多
This study presents a conceptual framework based on the new product diffusion and demand theory models. The proposed framework was creating a probability of demand function. Considering effectiveness of demand functio...This study presents a conceptual framework based on the new product diffusion and demand theory models. The proposed framework was creating a probability of demand function. Considering effectiveness of demand function transmitted by adopters, the optimal control policies of pricing are conducted according to the optimal control theorv.展开更多
Objective:The study aims to apply diffusion of innovation theory and structural equation modeling(SEM)to explore the current situation of personal risk perception and preparation of family emergency medicine kits(FEMK...Objective:The study aims to apply diffusion of innovation theory and structural equation modeling(SEM)to explore the current situation of personal risk perception and preparation of family emergency medicine kits(FEMKs)in Shanxi Province during the period of COVID-19.Moreover,the study intends to analyze the impact of innovation characteristics and risk perception to provide reference for the future popularization of FEMKs and the formulation of relevant policies.Methods:A total of 1,606 permanent residents in Shanxi Province were selected as respondents.SEM was used to analyze the relationship among innovation characteristics,personal risk perception,and behavioral intention.Results:The results demonstrate that only observability(λ=0.968)exerted a significant direct impact on the public's behavior of preparing FEMKs.Personal risk perception(λ=0.334)can have a significant direct impact on behavioral intention.Relative advantage,compatibility,and convenience of use exerted significant impacts on behavioral intention by influencing individual perceived risk(mediating effects=0.237,0.892,and 1.044,respectively).Conclusion:Residents are undergoing a period of change(i.e.,from the contemplation to the preparation stage).Thus,innovative characteristics can directly influence the behavior or behavioral intention of preparing FEMKs by influencing the public's risk perception.In the future,studies should focus on publicity and education of the behavior of preparing FEMKs to increase the awareness of residents and effectively improve the FEMKs level of importance given to this behavior.展开更多
With the amendments to the Detailed Rules for the Implementation of the Patent Law of the People's Republic of China and the Guidelines for Patent Examination,China's patent open license system has been fully ...With the amendments to the Detailed Rules for the Implementation of the Patent Law of the People's Republic of China and the Guidelines for Patent Examination,China's patent open license system has been fully implemented.The two-year pilot programs have garnered valuable insights into addressing patent royalty pricing,platform operations,and reduction and exemption in annual fees within the patent open license system.From the perspective of diffusion of innovations theory,innovation attributes serve as a key criterion for evaluating the market value of patent open license.The diversified and dynamic innovation attributes lead patentees to adopt pricing models,either algorithmbased pricing or flexible pricing.Mass media and face-to-face interaction channels function as primary vehicles for innovation diffusion through open license information platforms.Specifically,efficient pairing of supply and demand can be done through novel algorithmic matching mechanisms.Furthermore,user feedback modules and real-life engagement strategies can be integrated to facilitate homogeneous communication,enhancing potential licensees'recognition of the patent open license system.Innovation adoption theory suggests that public policy incentives for patentees should target early adopters with higher risk tolerance rather than apply universally.This indicates that,in terms of the reduction and exemption in annual fees,a degressive structure achieves greater incentive efficacy in early stages compared to fixed-amount reduction and exemption.In later phases,it enables systematic pruning of valueless of patent open licenses,yielding superior overall cost-benefit outcomes.展开更多
Blockchain technology has garnered substantial interest due to its capacity to transform numerous industries by amplifying transparency and bolstering security measures.Despite the increasing interest,there is a void ...Blockchain technology has garnered substantial interest due to its capacity to transform numerous industries by amplifying transparency and bolstering security measures.Despite the increasing interest,there is a void in existing literature regarding the alignment of actors with the Diffusion of Innovation(DOI)principles in the context of blockchain adoption.This gap restricts comprehension of the factors influencing adoption.This research addresses this void by investigating how actors align with the DOI principles in making decisions about blockchain adoption.The DOI model is combined with the innovation translation concept derived from Actor-Network Theory(ANT)to explore these complex dynamics in more detail.The results indicate that the decision-making process for blockchain adoption corresponds to the knowledge,persuasion,and decision stages,mirroring the phases found in the innovation translation approach.This research offers theoretical insights and practical knowledge that can be beneficial to individuals and organisations looking to promote the successful implementation of blockchain technology.展开更多
Drawing on a valence framework and innovation diffusion theory,this study examines Yuebao deployment to model consumers’intention to use financial products offered online.We collect data via an online survey among a ...Drawing on a valence framework and innovation diffusion theory,this study examines Yuebao deployment to model consumers’intention to use financial products offered online.We collect data via an online survey among a young age bracket and use a VisualPLS graphic interface to test our model.The results indicate that first,compatibility and advantages in relative utility significantly enhance consumers’use intentions and that ease of use has an indirect influence.Second,the negative utility of perceived risk no longer significantly affects intention to use.This mainly lies in consumers’perceived risk focused on the security of online financial products,which has become a part of all online transactions.Third,trust indirectly affects intention to use by influencing utility.展开更多
The digital innovation accompanied by explicit economic incentives have fundamentally changed the process of innovation diffusion.As a representative of digital innovation,NFTs(Non-Fungible Tokens)potentially offer ne...The digital innovation accompanied by explicit economic incentives have fundamentally changed the process of innovation diffusion.As a representative of digital innovation,NFTs(Non-Fungible Tokens)potentially offer new revenue streams in the digital space.However,current researches mainly focus on transaction networks and community culture,leaving the interplay among diffusion dynamics,economic dynamics,and social constraints on Twitter.By collecting and analyzing NFTs-related tweet dataset,the motivations of retweeters,the information mechanisms behind emojis,and the networked-based diffusion dynamics is systematically investigated.Results indicate that Retweeting is fueled by Freemint and trading information,with the higher economic incentives as a major motivation and some potential organizational tendencies.The diffusion of NFTs is primarily driven by a“Ringed-layered”information mechanism involving individual promoters and speculators.The presentation of content contribute positively to the growth of the retweet network.This study contributes to the innovation diffusion theory with economic incentives embedded.展开更多
Adaptive online platforms,powered by artificial intelligence,commonly referred to as robo-advice,steadily increase their market share.Yet these comparably new financial services are critically understudied.Little is k...Adaptive online platforms,powered by artificial intelligence,commonly referred to as robo-advice,steadily increase their market share.Yet these comparably new financial services are critically understudied.Little is known about why some investors adopt robo-advice for something as essential as asset allocation.The current paper tries to close this gap by shedding light on the causal effect of investor overconfidence on the propensity of using robo-advice.The study proposes a theoretical framework that combines the divergence of opinion hypothesis with consumer behavior insights and information technology diffusion research.The framework is empirically tested on the Investor Sample of the 2015 National Financial Capability Study,a subsample of 2000 US investors.The results from a series of generalized linear,structural,and semipara-metric models show that in a pre-chasm market,overconfident investors have a significantly higher propensity of adopting robo-advice.While higher financial literacy seems to decrease robo-advice uptake,unjustified confidence in one’s knowledge causally increases it.Willingness to take financial risk cannot account for the significantly increased adoption of robo-advice among overconfident investors.The findings help managers to better position robo-advice by offering behavioral insights into their user base.In addition,the results outline a managerial tool to take demand-side actions to increase the likelihood of an end-user innovation crossing the chasm.展开更多
Based on diffusion of innovation(DOI)theory and economic consumption analysis as well as the concept of frugal innovation,this study develops an extended DOI model that theorizes the characteristics of the diffusion o...Based on diffusion of innovation(DOI)theory and economic consumption analysis as well as the concept of frugal innovation,this study develops an extended DOI model that theorizes the characteristics of the diffusion of frugal information communication technologies(ICTs)and their impacts on the Internet diffusion.This model posits that frugal digital ICTs diffuse more rapidly in developing countries than in developed countries and significantly bridge the digital divide between them.The diffusion of frugal smartphones is investigated as a case of the diffusion of frugal digital ICTs,which provides empirical evidence for the theoretical model presented herein.展开更多
Health institutions in the People’s Republic of Chinaare under considerable challenge. Innovations in management systems may support the challenge to increase both efficiency and effectiveness. The balanced scorecard...Health institutions in the People’s Republic of Chinaare under considerable challenge. Innovations in management systems may support the challenge to increase both efficiency and effectiveness. The balanced scorecard (BSC) is one such innova-tion. We have used a model to explore the factors that may impact the diffusion of the BSC in Chinese government hospitals. In particular, we concentrate on three factors — the outer context, the nature of the innovation and the communication and influence. The outer context and the nature of the innovation do provide an inducement to implement a BSC. The strength of the communica-tion and influence may affect the level of take-up. However, we recognise that they may choose the BSC not for any apparent technical excellence but for the legitimation that Western man-agement practices may bring to local managers.展开更多
Researchers have shown that ＂cluster＂ is a more useful unit of analysis than ＂nation＂ in innovation studies. Clusters are characterized by interconnected organizations, shared resources and frequent knowledge flow...Researchers have shown that ＂cluster＂ is a more useful unit of analysis than ＂nation＂ in innovation studies. Clusters are characterized by interconnected organizations, shared resources and frequent knowledge flows. Within national boundaries, multiple clusters with different relative advantages may coexist, and exhibit very different innovation patterns. Yet, in studies of innovation in emerging economies, there remains little attention on cluster-based advantages, and how these advantages generate distinct patterns of innovation. To bridge this gap, this study analyzes the diffusion patterns of nanotechnology in two Chinese clusters--Beijing and Shanghai. With different relative advantages, the diffusion of nanotechnology has been oriented by different levels of ＂imitation＂ and ＂innovation＂ forces in the two Chinese clusters. This study applies the Bass Model to quantify imitation and innovation forces, and compare the resultant diffusion patterns of nanotechnology in the two clusters with other technologies. Supplementary qualitative data is also provided to show how Chinese scientists perceive their relative advantages in different clusters. Among other things, the findings suggest that scientists of emerging economies favor the learning-by-doing principle while utilizing external networks.展开更多
As the information on telecommunication products updates rapidly, using E-learning in staff training becomes an edge for company operation. However, previous studies showed that staff＇s attitude toward E-learning sig...As the information on telecommunication products updates rapidly, using E-learning in staff training becomes an edge for company operation. However, previous studies showed that staff＇s attitude toward E-learning significantly affected the outcomes of training. The purpose of this study is to investigate the acceptance of E-learning in a telecommunication company. The researchers adopted the technology acceptance model （TAM） and diffusion of innovation theory to evaluate the perceived usefulness and perceived ease of use on E-learning, in addition to employees＇ self-directed learning motivation, attitude toward computers, and organizational influence. We randomly chose 571 employees of the telecommunication entrepreneur at the Taichung office in Taiwan to participate in this survey. The result showed that employees＇ background factors such as age, job position, marital status, education level and the scale of job unit had the significant impact on behavioral intention to use E-learning. Employees＇ self-directed learning, attitude toward computers, and organizational influence respectively also had positive effects on perceived usefulness of E-learning and perceived ease of use of E-learning. Furthermore, employees＇ perceived usefulness of E-learning and perceived ease of use of E-learning also had a positive effect on behavioral intention to use E-learning systems.展开更多
基金Project Supported by the National Natural Science Fund of China(10571143) the Research Fund of Southwest Normal University
文摘In this article, an innovation diffusion model with the nonlinear acceptance is proposed to describe the dynamics of three competing products in a market. It is proved that the model admits a unique positive equilibrium, which is globally stable by excluding the existence of periodic solutions and by using the theory of three dimensional competition systems.
基金the Support Provided by the I.K.G. Punjab Technical University,Kapurthala,Punjab,India,where one of us(RK) is a Research Scholar
文摘In this article, a nonlinear mathematical model for innovation diffusion with stage structure which incorporates the evaluation stage （time delay） is proposed. The model is analyzed by considering the effects of external as well as internal influences and other demographic processes such as emigration, intrinsic growth rate, death rate, etc. The asymptotical stability of the various equilibria is investigated. By analyzing the exponential characteristic equation with delay-dependent coefficients obtained through the variational matrix, it is found that Hopf bifurcation occurs when the evaluation period （time delay, T） passes through a critical value. Applying the normal form theory and the center manifold argument, we de- rive the explicit formulas determining the properties of the bifurcating periodic solutions. To illustrate our theoretical analysis, some numerical simulations are also included.
文摘Strategic innovation diffusion converts newly created knowledge into increasing a firm’s value primarily through innovative product offerings.In this paper,we present a time-based adoption pattern with pricing and promotional expenditure as a three-dimensional innovation diffusion model(3D-IDM).In our proposed 3D-IDM,we assume that value of the product plays a crucial role of being the major driver of diffusion,and is classified into the following three main factors:(1)continuation time of the product in the market–representing goodwill of the product;(2)price of the product–indicating consumers’buying behaviour;and(3)marketing efforts of the firm.A special form of the Cobb–Douglas production function is used to design the three-dimensional framework.An empirical study is performed on number of consumer-durable sales data to validate and compare the proposed model.Various performance measures are treated uniquely using the Mahalanobis distance-based approach(DBA)to determine the relative strength of each model.
文摘The purpose of college English teaching is to train students in listening, speaking, reading and writing English proficiency in all aspects. With the rapid development of society and innovative college English teaching concepts and models, the use of innovation diffusion theory is to guide the reform of college English teaching this subject into the spotlight. The use of innovative teaching mode diffusion theory can mobilize students a variety of sensory coordination and cooperation can be achieved to enhance English learning, to enhance the purpose of English proficiency. This paper will apply to the specific circumstances of innovation diffusion theory college English teaching reform of College English Teaching in the diffusion of innovation theory perspective.
文摘In this paper, the model of competing technologies diffusion was set up in order to analyze the relationship of competing technologies in diffusion process, and the stability of diffusion model with two kinds of competing technologies was analyzed. It is concluded that dominator can hold competing vantage by suppressing its opponent, and besides, whether competing technology can gain superiority in diffusion process depends on the success rates of technology diffusion when the two kinds of technology match each other in strength.
基金supported by the National High-Tech R&D Program,China(2015AA042101)
文摘Cloud manufacturing is a specific implementation form of the "Internet + manufacturing" strategy. Why and how to develop cloud manufacturing platform(CMP), however, remains the key concern of both platform operators and users. A microscopic model is proposed to investigate advantages and diffusion forces of CMP through exploration of its diffusion process and mechanism. Specifically, a three-stage basic evolution process of CMP is innovatively proposed. Then, based on this basic process, a more complex CMP evolution model has been established in virtue of complex network theory, with five diffusion forces identified. Thereafter, simulations on CMP diffusion have been conducted. The results indicate that, CMP possesses better resource utilization,user satisfaction, and enterprise utility. Results of simulation on impacts of different diffusion forces show that both the time required for CMP to reach an equilibrium state and the final network size are affected simultaneously by the five diffusion forces. All these analyses indicate that CMP could create an open online cooperation environment and turns out to be an effective implementation of the "Internet + manufacturing" strategy.
基金ACKNOWLEDGEMENTS Project supported by the National Social Science Foundation of China （Grant No. 11BGL041）, Ministry of Education Humanities and Social Sciences General Project （12YJA630166）.
文摘The innovations actually diffuse among social network nowadays.Individual heterogeneity,interactions between individuals and network topology influence a lot.We established a "double threshold" modified model and took the number of neighbors,neighbors' adoption and the cost-benefit parameters as crucial influencing factors.The diffusion of DaLingTong(CDMA450)products in MeiShan city of SiChuan province during 2004 to 2007 has been used to verity the model on Matlab.The validation results fit the actual diffusion pattern of DaLingTong(CDMA450) products very well.The results indicate that there exists a "tipping point(threshold)" in the process of innovation diffusion.If the initial adoption quantity is larger than the tipping point,then the product will spread to a large portion of people,otherwise is will collapse to zero.The model can effectively predict the diffusion of new products,and can influence the diffusion process by changing the value of the parameters.
文摘This study presents a conceptual framework based on the new product diffusion and demand theory models. The proposed framework was creating a probability of demand function. Considering effectiveness of demand function transmitted by adopters, the optimal control policies of pricing are conducted according to the optimal control theorv.
基金Science and Technology Development Center of Chinese Pharmaceutical Society Fund(Grand:CMEI2021KPYJ00607)Social Science Foundation of Shaanxi Province(Grand:2020M016).
文摘Objective:The study aims to apply diffusion of innovation theory and structural equation modeling(SEM)to explore the current situation of personal risk perception and preparation of family emergency medicine kits(FEMKs)in Shanxi Province during the period of COVID-19.Moreover,the study intends to analyze the impact of innovation characteristics and risk perception to provide reference for the future popularization of FEMKs and the formulation of relevant policies.Methods:A total of 1,606 permanent residents in Shanxi Province were selected as respondents.SEM was used to analyze the relationship among innovation characteristics,personal risk perception,and behavioral intention.Results:The results demonstrate that only observability(λ=0.968)exerted a significant direct impact on the public's behavior of preparing FEMKs.Personal risk perception(λ=0.334)can have a significant direct impact on behavioral intention.Relative advantage,compatibility,and convenience of use exerted significant impacts on behavioral intention by influencing individual perceived risk(mediating effects=0.237,0.892,and 1.044,respectively).Conclusion:Residents are undergoing a period of change(i.e.,from the contemplation to the preparation stage).Thus,innovative characteristics can directly influence the behavior or behavioral intention of preparing FEMKs by influencing the public's risk perception.In the future,studies should focus on publicity and education of the behavior of preparing FEMKs to increase the awareness of residents and effectively improve the FEMKs level of importance given to this behavior.
基金funded by the Hunan Think Tank Ad Hoc Major Commission Program,i.e.,"Strategies and Advice for Enhancing Intellectual Property Commercialization in Hunan Universities under Innovation-Driven Development"(No.18ZWA08).
文摘With the amendments to the Detailed Rules for the Implementation of the Patent Law of the People's Republic of China and the Guidelines for Patent Examination,China's patent open license system has been fully implemented.The two-year pilot programs have garnered valuable insights into addressing patent royalty pricing,platform operations,and reduction and exemption in annual fees within the patent open license system.From the perspective of diffusion of innovations theory,innovation attributes serve as a key criterion for evaluating the market value of patent open license.The diversified and dynamic innovation attributes lead patentees to adopt pricing models,either algorithmbased pricing or flexible pricing.Mass media and face-to-face interaction channels function as primary vehicles for innovation diffusion through open license information platforms.Specifically,efficient pairing of supply and demand can be done through novel algorithmic matching mechanisms.Furthermore,user feedback modules and real-life engagement strategies can be integrated to facilitate homogeneous communication,enhancing potential licensees'recognition of the patent open license system.Innovation adoption theory suggests that public policy incentives for patentees should target early adopters with higher risk tolerance rather than apply universally.This indicates that,in terms of the reduction and exemption in annual fees,a degressive structure achieves greater incentive efficacy in early stages compared to fixed-amount reduction and exemption.In later phases,it enables systematic pruning of valueless of patent open licenses,yielding superior overall cost-benefit outcomes.
文摘Blockchain technology has garnered substantial interest due to its capacity to transform numerous industries by amplifying transparency and bolstering security measures.Despite the increasing interest,there is a void in existing literature regarding the alignment of actors with the Diffusion of Innovation(DOI)principles in the context of blockchain adoption.This gap restricts comprehension of the factors influencing adoption.This research addresses this void by investigating how actors align with the DOI principles in making decisions about blockchain adoption.The DOI model is combined with the innovation translation concept derived from Actor-Network Theory(ANT)to explore these complex dynamics in more detail.The results indicate that the decision-making process for blockchain adoption corresponds to the knowledge,persuasion,and decision stages,mirroring the phases found in the innovation translation approach.This research offers theoretical insights and practical knowledge that can be beneficial to individuals and organisations looking to promote the successful implementation of blockchain technology.
基金the National Natural Science Foundation of China(71571139 and 71171153).
文摘Drawing on a valence framework and innovation diffusion theory,this study examines Yuebao deployment to model consumers’intention to use financial products offered online.We collect data via an online survey among a young age bracket and use a VisualPLS graphic interface to test our model.The results indicate that first,compatibility and advantages in relative utility significantly enhance consumers’use intentions and that ease of use has an indirect influence.Second,the negative utility of perceived risk no longer significantly affects intention to use.This mainly lies in consumers’perceived risk focused on the security of online financial products,which has become a part of all online transactions.Third,trust indirectly affects intention to use by influencing utility.
基金supported in part by the National Natural Science Foundation of China under Grant No.62206112in part by the Humanities and Social Sciences Project of Ministry of Education of China under Grant No.22YJC860037in part by Key Laboratory of Smart Education of Guangdong Higher Education Institutes,Jinan University under Grant No.2022LSYS003。
文摘The digital innovation accompanied by explicit economic incentives have fundamentally changed the process of innovation diffusion.As a representative of digital innovation,NFTs(Non-Fungible Tokens)potentially offer new revenue streams in the digital space.However,current researches mainly focus on transaction networks and community culture,leaving the interplay among diffusion dynamics,economic dynamics,and social constraints on Twitter.By collecting and analyzing NFTs-related tweet dataset,the motivations of retweeters,the information mechanisms behind emojis,and the networked-based diffusion dynamics is systematically investigated.Results indicate that Retweeting is fueled by Freemint and trading information,with the higher economic incentives as a major motivation and some potential organizational tendencies.The diffusion of NFTs is primarily driven by a“Ringed-layered”information mechanism involving individual promoters and speculators.The presentation of content contribute positively to the growth of the retweet network.This study contributes to the innovation diffusion theory with economic incentives embedded.
文摘Adaptive online platforms,powered by artificial intelligence,commonly referred to as robo-advice,steadily increase their market share.Yet these comparably new financial services are critically understudied.Little is known about why some investors adopt robo-advice for something as essential as asset allocation.The current paper tries to close this gap by shedding light on the causal effect of investor overconfidence on the propensity of using robo-advice.The study proposes a theoretical framework that combines the divergence of opinion hypothesis with consumer behavior insights and information technology diffusion research.The framework is empirically tested on the Investor Sample of the 2015 National Financial Capability Study,a subsample of 2000 US investors.The results from a series of generalized linear,structural,and semipara-metric models show that in a pre-chasm market,overconfident investors have a significantly higher propensity of adopting robo-advice.While higher financial literacy seems to decrease robo-advice uptake,unjustified confidence in one’s knowledge causally increases it.Willingness to take financial risk cannot account for the significantly increased adoption of robo-advice among overconfident investors.The findings help managers to better position robo-advice by offering behavioral insights into their user base.In addition,the results outline a managerial tool to take demand-side actions to increase the likelihood of an end-user innovation crossing the chasm.
文摘Based on diffusion of innovation(DOI)theory and economic consumption analysis as well as the concept of frugal innovation,this study develops an extended DOI model that theorizes the characteristics of the diffusion of frugal information communication technologies(ICTs)and their impacts on the Internet diffusion.This model posits that frugal digital ICTs diffuse more rapidly in developing countries than in developed countries and significantly bridge the digital divide between them.The diffusion of frugal smartphones is investigated as a case of the diffusion of frugal digital ICTs,which provides empirical evidence for the theoretical model presented herein.
文摘Health institutions in the People’s Republic of Chinaare under considerable challenge. Innovations in management systems may support the challenge to increase both efficiency and effectiveness. The balanced scorecard (BSC) is one such innova-tion. We have used a model to explore the factors that may impact the diffusion of the BSC in Chinese government hospitals. In particular, we concentrate on three factors — the outer context, the nature of the innovation and the communication and influence. The outer context and the nature of the innovation do provide an inducement to implement a BSC. The strength of the communica-tion and influence may affect the level of take-up. However, we recognise that they may choose the BSC not for any apparent technical excellence but for the legitimation that Western man-agement practices may bring to local managers.
文摘Researchers have shown that ＂cluster＂ is a more useful unit of analysis than ＂nation＂ in innovation studies. Clusters are characterized by interconnected organizations, shared resources and frequent knowledge flows. Within national boundaries, multiple clusters with different relative advantages may coexist, and exhibit very different innovation patterns. Yet, in studies of innovation in emerging economies, there remains little attention on cluster-based advantages, and how these advantages generate distinct patterns of innovation. To bridge this gap, this study analyzes the diffusion patterns of nanotechnology in two Chinese clusters--Beijing and Shanghai. With different relative advantages, the diffusion of nanotechnology has been oriented by different levels of ＂imitation＂ and ＂innovation＂ forces in the two Chinese clusters. This study applies the Bass Model to quantify imitation and innovation forces, and compare the resultant diffusion patterns of nanotechnology in the two clusters with other technologies. Supplementary qualitative data is also provided to show how Chinese scientists perceive their relative advantages in different clusters. Among other things, the findings suggest that scientists of emerging economies favor the learning-by-doing principle while utilizing external networks.
文摘As the information on telecommunication products updates rapidly, using E-learning in staff training becomes an edge for company operation. However, previous studies showed that staff＇s attitude toward E-learning significantly affected the outcomes of training. The purpose of this study is to investigate the acceptance of E-learning in a telecommunication company. The researchers adopted the technology acceptance model （TAM） and diffusion of innovation theory to evaluate the perceived usefulness and perceived ease of use on E-learning, in addition to employees＇ self-directed learning motivation, attitude toward computers, and organizational influence. We randomly chose 571 employees of the telecommunication entrepreneur at the Taichung office in Taiwan to participate in this survey. The result showed that employees＇ background factors such as age, job position, marital status, education level and the scale of job unit had the significant impact on behavioral intention to use E-learning. Employees＇ self-directed learning, attitude toward computers, and organizational influence respectively also had positive effects on perceived usefulness of E-learning and perceived ease of use of E-learning. Furthermore, employees＇ perceived usefulness of E-learning and perceived ease of use of E-learning also had a positive effect on behavioral intention to use E-learning systems.
