The Effects of Perceived Barriers on Innovation Resistance of Hydrogen-Electric Motorcycles
Han-Shen Chen,
Bi-Kun Tsai and
Chi-Ming Hsieh
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Han-Shen Chen: Department of Health Diet and Industry Management, Chung Shan Medical University, Taichung City 40201, Taiwan
Bi-Kun Tsai: Graduate Institute of Bio-Industry Management, National Chung Hsing University, Taichung City 40227, Taiwan
Chi-Ming Hsieh: International Bachelor Program of Agribusiness, National Chung Hsing University, Taichung City 40227, Taiwan
Sustainability, 2018, vol. 10, issue 6, 1-15
Abstract:
As environmental awareness among the public gradually improves, it is predicted that the trend of green consumption will make green products enter the mainstream market. Hydrogen-electric motorcycles, with eco-friendly and energy-efficient characteristics, have great advantages for development. However, as a type of innovative product, hydrogen-electric motorcycles require further examination with regard to consumer acceptance and external variables of the products. In this study, consumer behavioral intention (BI) for the use of hydrogen-electric motorcycles and its influencing factors are discussed, using innovation resistance as the basis and environmental concern as the adjusting variable. Consumers’ willingness-to-pay (WTP) for hydrogen-electric motorcycles is estimated using the contingent valuation method (CVM). The results found that (1) perception barriers, viz. , usage barrier, value barrier, risk barrier, tradition barrier, and price barrier are statistically significant, whereas image barrier is not; (2) a high degree of environmental concern will reduce the consumers’ innovation resistance to the hydrogen-electric motorcycles; (3) up to 94.79% of the respondents of the designed questionnaire suggested that the promotion of hydrogen-electric motorcycles requires a subsidy of 21.9% of the total price from the government. The mean WTP of consumers for the purchase of hydrogen-electric motorcycles is 10–15% higher than that of traditional motorcycles.
Keywords: hydrogen-electric motorcycle; innovation resistance; green consumption (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (14)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:10:y:2018:i:6:p:1933-:d:151554
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