INDIVIDUAL CULTURAL FACTORS AFFECTING NEW PRODUCT ACCEPTING BEHAVIOR: THE CASE OF ELECTRONIC MARKET IN VIETNAM
Abstract
Today individualized culture playes an important role in promoting acceptance consumer behavior towards new electronic products in Vietnam. The article explores the influence of individual cultural factors on the consumer accepting behavior. 600 questionnaires in total were distributed among the people residing in HCM city, Vietnam. A structural equation model (SEM) is used to analyze their consumer behavior in relation to new electronic products’ acceptance. According to the analysis of personal factors, fear of risk, innovation and collectiveness significantly influence the consumer acceptance behavior.
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The EUrASEANs
International College Suan Sunandha
Rajabhat University, Bangkok, Thailand