Analysis of consumers` innovation efficiency: changes of the consumption patterns in the Ukrainian society over the last 25 years

This paper reviews the transformation of Ukrainian consumption patterns since 1991 and the impact this change had on Ukrainian consumers. The authors research the market forces and the influence those forces had on the consumer behavior. Also, the authors conclude that these market forces resulted i...

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Main Authors: Hanna Sanko, Artem Koldovskyi
Format: Article
Language:English
Published: LLC "CPC "Business Perspectives" 2017-06-01
Series:Geopolitics under Globalization
Subjects:
Online Access:https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/9480/GG_2017_02_Sanko_1.pdf
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author Hanna Sanko
Artem Koldovskyi
author_facet Hanna Sanko
Artem Koldovskyi
author_sort Hanna Sanko
collection DOAJ
description This paper reviews the transformation of Ukrainian consumption patterns since 1991 and the impact this change had on Ukrainian consumers. The authors research the market forces and the influence those forces had on the consumer behavior. Also, the authors conclude that these market forces resulted in transforming consumer behavior and consumption patterns. In this paper presents a conceptual analysis of the possible choices of market models and the implications of the Ukrainian society. Scientific findings demonstrate that users in Ukraine often play the main role in the creation of new conceptual products. But at the same time, there is a paucity of literature on this problem. The authors report a very high level of novelty by these consumers. The outcomes also reveal that innovating users can be distinguished from some non-innovating ones. Finally, innovation by users can be a significant basis of new product thoughts and ideas for consumer goods companies.
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spelling doaj.art-7e379b6ed3a947b98d45d891ad1218e02022-12-21T18:53:00ZengLLC "CPC "Business Perspectives"Geopolitics under Globalization2543-54932543-98202017-06-011241210.21511/gg.01(2).2017.019480Analysis of consumers` innovation efficiency: changes of the consumption patterns in the Ukrainian society over the last 25 yearsHanna Sanko0Artem Koldovskyi1Professor, M.S. in Accounting and Audit, Colorado State University, Global CampusPh.D., Senior Lecturer, Accounting and Tax Department, Sumy State UniversityThis paper reviews the transformation of Ukrainian consumption patterns since 1991 and the impact this change had on Ukrainian consumers. The authors research the market forces and the influence those forces had on the consumer behavior. Also, the authors conclude that these market forces resulted in transforming consumer behavior and consumption patterns. In this paper presents a conceptual analysis of the possible choices of market models and the implications of the Ukrainian society. Scientific findings demonstrate that users in Ukraine often play the main role in the creation of new conceptual products. But at the same time, there is a paucity of literature on this problem. The authors report a very high level of novelty by these consumers. The outcomes also reveal that innovating users can be distinguished from some non-innovating ones. Finally, innovation by users can be a significant basis of new product thoughts and ideas for consumer goods companies.https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/9480/GG_2017_02_Sanko_1.pdfconsumer behaviorconsumptioninnovation efficiencyUkrainian consumerUkrainian society
spellingShingle Hanna Sanko
Artem Koldovskyi
Analysis of consumers` innovation efficiency: changes of the consumption patterns in the Ukrainian society over the last 25 years
Geopolitics under Globalization
consumer behavior
consumption
innovation efficiency
Ukrainian consumer
Ukrainian society
title Analysis of consumers` innovation efficiency: changes of the consumption patterns in the Ukrainian society over the last 25 years
title_full Analysis of consumers` innovation efficiency: changes of the consumption patterns in the Ukrainian society over the last 25 years
title_fullStr Analysis of consumers` innovation efficiency: changes of the consumption patterns in the Ukrainian society over the last 25 years
title_full_unstemmed Analysis of consumers` innovation efficiency: changes of the consumption patterns in the Ukrainian society over the last 25 years
title_short Analysis of consumers` innovation efficiency: changes of the consumption patterns in the Ukrainian society over the last 25 years
title_sort analysis of consumers innovation efficiency changes of the consumption patterns in the ukrainian society over the last 25 years
topic consumer behavior
consumption
innovation efficiency
Ukrainian consumer
Ukrainian society
url https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/9480/GG_2017_02_Sanko_1.pdf
work_keys_str_mv AT hannasanko analysisofconsumersinnovationefficiencychangesoftheconsumptionpatternsintheukrainiansocietyoverthelast25years
AT artemkoldovskyi analysisofconsumersinnovationefficiencychangesoftheconsumptionpatternsintheukrainiansocietyoverthelast25years