User Innovators in the Silver Market
An Empirical Study among Camping Tourists
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Beschreibung
In this study among camping tourists of all age groups between 19 and 86 years of age, Konstantin Wellner compares key characteristics regarding innovative behavior of different age groups. The focus of the analysis is on the so-called “Silver Market” segment (consumers of at least 55 years) which gains importance to the demographic shift. Generally, older users are still actively innovating, especially if it relates to age-specific improvements (e.g., comfort and compatibility to other equipment). Analysis by a Structural Equation Model showed that the most important determinant of innovative behavior for older users is technical expertise and that being relatively ahead of trends increases their dissatisfaction with existing products. Additional evidence was found that user with high use experience suffer from functional fixedness.
Contents
- The Silver Market Phenomenon
- Users as Main Source of Innovations
- Introduction to the Research Field: Camping & Caravanning
Target Groups
- Researchers and students of Business Administration, Innovation Management and Marketing as well as Gerontology
- Interested persons in Innovation Management,Market Research and Consumer
The Author
Konstantin Wellner does research on the impact of demographic change on user innovation at the Hamburg University of Technology, focusing on the impact of age on characteristics and capability of older user innovators.
In this study among camping tourists of all age groups between 19 and 86 years of age, Konstantin Wellner compares key characteristics regarding innovative behavior of different age groups. The focus of the analysis is on the so-called “Silver Market” segment (consumers of at least 55 years) which gains importance to the demographic shift. Generally, older users are still actively innovating, especially if it relates to age-specific improvements (e.g., comfort and compatibility to other equipment). Analysis by a Structural Equation Model showed that the most important determinant of innovative behavior for older users is technical expertise and that being relatively ahead of trends increases their dissatisfaction with existing products. Additional evidence was found that user with high use experience suffer from functional fixedness.
Publication in the field of economic sciences Includes supplementary material: sn.pub/extras
Autor*in
Konstantin Wellner
Themen in »User Innovators in the Silver Market«
Age-specific Improvements Demographic Shift Innovation Lead User Partial Least Squares (PLS)