Author:
Bae Youngim,Chang Hyunjoon
Abstract
PurposeThis study aims to identify factors that determine the smart TV buying decisions of users and analyze the relationships among the factors by using Bayesian network approach.Design/methodology/approachThis study investigates smart TV users' perception based on innovation diffusion theory (IDT) which includes five innovation attributes: relative advantage, compatibility, complexity, trialability, and observability. The authors employ Bayesian network to identify causal relationship among the innovation attributes and analyze the sensitivity of the intentions to changes in factors.FindingsThe results show that relative advantage has the greatest influence on the purchase intention of smart TV, followed by compatibility, entertainment, web‐browsing and n‐screen.Research limitations/implicationsThe reliability of the results is limited as the survey is not carried out on a large number of samples. The study, however, suggests a future direction for smart TV in consumers' point of view.Practical implicationsAccording to the findings, companies should focus on enhancing relative advantage, rather than other attributes and entertainment service, to encourage the adoption of smart TV.Originality/valueSmart TV is an evolving technology in the phase of market introduction. The definition and characteristics of smart TV are still uncertain. The previous literatures, however, were focused on the contents of smart TV and service, restructuring of broadcasting industry, and changes in the competitive landscape. The consumers have not been discussed in detail yet. This paper's contributions are twofold: first, it identifies important attributes for the adoption of smart TV in consumers' intention; second, it suggests a new methodology of Bayesian network in determining consumer buying factors.
Subject
Industrial and Manufacturing Engineering,Strategy and Management,Computer Science Applications,Industrial relations,Management Information Systems
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