EconPapers    
Economics at your fingertips  
 

Why Consumers Commit Voluntarily to Collaborative Innovation with Firms by Using Social Media?: Case of Japanese consumers

Hiroki Idota, Joji Nakaya and Masatsugu Tsuji

30th European Regional ITS Conference, Helsinki 2019 from International Telecommunications Society (ITS)

Abstract: It is necessary to grasp and utilize consumer's needs for firms to improve existing products and developing new products. Especially, collaboration with consumers for product innovation is indispensable. On the other hand, social media has been spreading all over the world. Network communities formed by social media are one of key factors of innovation achieved by collaborating with consumer innovators, which is referred to as consumer collaborative innovation. This paper studies how Japanese firms achieve consumer collaborative innovation based on authors' questionnaire survey data in Japan. In particular, the types of users and the strength of ties between firms and consumers and types of consumer innovators are focused on. In addition, consumers' motivation of collaboration such as the intrinsic and extrinsic motivations of lead users and collaborative innovators are elucidated. This paper finds the role of lead users and pecuniary rewards which are more important than other motivations. Based on results obtained, some measures to promote consumer collaborative innovation in Japan are proposed.

Keywords: Consumer collaborative innovation; social media; network community; lead user; motivation; monetary rewards (search for similar items in EconPapers)
Date: 2019
New Economics Papers: this item is included in nep-pay and nep-sbm
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/205183/1/Idota-et-al.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:itse19:205183

Access Statistics for this paper

More papers in 30th European Regional ITS Conference, Helsinki 2019 from International Telecommunications Society (ITS)
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().

 
Page updated 2025-03-20
Handle: RePEc:zbw:itse19:205183