DETERMINANTS OF USER INNOVATOR BEHAVIOUR IN THE SILVER MARKET
Konstantin Wellner () and
Cornelius Herstatt ()
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Konstantin Wellner: Technical University Hamburg-Harburg, Schwarzenbergstr. 95D 21073 Hamburg, Germany
Cornelius Herstatt: Technical University Hamburg-Harburg, Schwarzenbergstr. 95D 21073 Hamburg, Germany
International Journal of Innovation Management (ijim), 2014, vol. 18, issue 06, 1-24
Abstract:
The existing research on the behaviour of user innovators has focused almost exclusively on younger users. In light of the demographic shift and the increasing importance of the "Silver Market" segment (customers 55 years plus), we analysed whether important determinants of user innovator behaviour (use experience, product knowledge, technical expertise, and the lead user components) exert the same influence among older users. We conducted a study in the camping and caravanning industry and included 333 respondents from 19 to 86 years of age. The innovator share among older users was slightly lower (43% versus 57%). While use experience and product knowledge turned out less important for older users in our sample, technical expertise materialised as the most important determinant. Additionally, being ahead of trend is stronger related to dissatisfaction with existing products among older users. We found additional evidence that users with high use experience suffer from functional fixedness.
Keywords: User innovation; lead user; silver market; age; use experience; technical expertise; product knowledge; determinants (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:ijimxx:v:18:y:2014:i:06:n:s1363919614400143
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DOI: 10.1142/S1363919614400143
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