Abstract
Affordable innovations, which serve consumers with a low willingness or ability to pay, are a means to address grand challenges while also generating economic value. However, less is known about how managers' and decision makers' individual-level preferences and attitudes for or against affordable innovation hinder their development. Hence, in addition to identifying and conceptualising the affordable innovation rejection (AIR) attitudes of decision makers as a major obstacle, this study proposes a scale to measure them. Specifically, with a series of qualitative and quantitative studies, this research develops and validates a parsimonious psychometric scale that can measure decision makers' AIR attitudes. The resulting six-item scale is based on a tripartite AIR conceptualisation, which proves valid in terms of convergent, discriminant, experimental, nomological, predictive, and test-retest reliability. The proposed research agenda in turn details some possible applications of this scale.
| Original language | English |
|---|---|
| Article number | 2250046 |
| Journal | International Journal of Innovation Management |
| Volume | 26 |
| Issue number | 6 |
| DOIs | |
| Publication status | Published - 1 Aug 2022 |
Keywords
- Affordable innovation
- BoP innovation
- constrained innovation
- decision-making bias
- frugal innovation
- scale development
ASJC Scopus subject areas
- Business and International Management
- Strategy and Management
- Management of Technology and Innovation
Cite this
- APA
- Author
- BIBTEX
- Harvard
- Standard
- RIS
- Vancouver