Factors affecting acceptance of smart retail solutions in Hungary: an empirical study using UTAUT2 model

In today's digitalisation process, retail is also undergoing a transformation, with the emergence of new smart solutions. Integrating intelligent solutions into a business model means new strategic challenges for retailing companies. The aim of the research is to examine the factors influencin...

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Main Authors: Eszter Szabó-Szentgroti, Gábor Szabó-Szentgróti
Format: Article
Language:English
Published: University of Debrecen 2022-02-01
Series:Apstract: Applied Studies in Agribusiness and Commerce
Subjects:
Online Access:https://ojs.lib.unideb.hu/apstract/article/view/10133
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author Eszter Szabó-Szentgroti
Gábor Szabó-Szentgróti
author_facet Eszter Szabó-Szentgroti
Gábor Szabó-Szentgróti
author_sort Eszter Szabó-Szentgroti
collection DOAJ
description In today's digitalisation process, retail is also undergoing a transformation, with the emergence of new smart solutions. Integrating intelligent solutions into a business model means new strategic challenges for retailing companies. The aim of the research is to examine the factors influencing the behavioural intention and use behaviour of smart retail solutions (SRS). The proposed model was based on the extended Unified Theory of Acceptance and Use of Technology (UTAUT2). Data was collected by conducting a questionnaire of 302 Hungarian respondents. Confirmatory factor analysis (CFA) and partial least squares (PLS-SEM) estimation were implemented. The results showed that behavioural intention is significantly and positively influenced by effort expectancy and it is significantly and negatively influenced by facilitating conditions. Most of the respondents are not yet regular users of SRS, and the market penetration of front-end intelligent solutions in retail is considered as rather low. JEL code: M10, M31, O14
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spelling doaj.art-18cdcdcc5fcc4acf9aef887ff74b91ca2022-12-21T17:24:42ZengUniversity of DebrecenApstract: Applied Studies in Agribusiness and Commerce1789-221X1789-78742022-02-01153-410.19041/APSTRACT/2021/3-4/6Factors affecting acceptance of smart retail solutions in Hungary: an empirical study using UTAUT2 modelEszter Szabó-Szentgroti0Gábor Szabó-Szentgróti1Department of Business Administration, Institute of Economic Science, Hungarian University of Agri-culture and Life SciencesHungarian University of Agriculture and Life Sciences) In today's digitalisation process, retail is also undergoing a transformation, with the emergence of new smart solutions. Integrating intelligent solutions into a business model means new strategic challenges for retailing companies. The aim of the research is to examine the factors influencing the behavioural intention and use behaviour of smart retail solutions (SRS). The proposed model was based on the extended Unified Theory of Acceptance and Use of Technology (UTAUT2). Data was collected by conducting a questionnaire of 302 Hungarian respondents. Confirmatory factor analysis (CFA) and partial least squares (PLS-SEM) estimation were implemented. The results showed that behavioural intention is significantly and positively influenced by effort expectancy and it is significantly and negatively influenced by facilitating conditions. Most of the respondents are not yet regular users of SRS, and the market penetration of front-end intelligent solutions in retail is considered as rather low. JEL code: M10, M31, O14 https://ojs.lib.unideb.hu/apstract/article/view/10133smart retailUTAUT2consumer surveyCFASEM-PLSindustry 4.0
spellingShingle Eszter Szabó-Szentgroti
Gábor Szabó-Szentgróti
Factors affecting acceptance of smart retail solutions in Hungary: an empirical study using UTAUT2 model
Apstract: Applied Studies in Agribusiness and Commerce
smart retail
UTAUT2
consumer survey
CFA
SEM-PLS
industry 4.0
title Factors affecting acceptance of smart retail solutions in Hungary: an empirical study using UTAUT2 model
title_full Factors affecting acceptance of smart retail solutions in Hungary: an empirical study using UTAUT2 model
title_fullStr Factors affecting acceptance of smart retail solutions in Hungary: an empirical study using UTAUT2 model
title_full_unstemmed Factors affecting acceptance of smart retail solutions in Hungary: an empirical study using UTAUT2 model
title_short Factors affecting acceptance of smart retail solutions in Hungary: an empirical study using UTAUT2 model
title_sort factors affecting acceptance of smart retail solutions in hungary an empirical study using utaut2 model
topic smart retail
UTAUT2
consumer survey
CFA
SEM-PLS
industry 4.0
url https://ojs.lib.unideb.hu/apstract/article/view/10133
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