Different Sources of Market Information and Product Innovativeness

The purpose of this study is to identify whether the gathering of market information from different sources - i.e. from customers, competitors and other entities - is related to product innovativeness. The relationships proposed so far have not been empirically investigated but they can have importa...

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Main Author: Dąbrowski Dariusz
Format: Article
Language:English
Published: Sciendo 2018-07-01
Series:Economics and Business Review
Subjects:
Online Access:https://doi.org/10.18559/ebr.2018.3.2
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author Dąbrowski Dariusz
author_facet Dąbrowski Dariusz
author_sort Dąbrowski Dariusz
collection DOAJ
description The purpose of this study is to identify whether the gathering of market information from different sources - i.e. from customers, competitors and other entities - is related to product innovativeness. The relationships proposed so far have not been empirically investigated but they can have important theoretical and practical implications for product innovation. To achieve the purpose of the paper data concerning 287 new products were used by applying confirmatory factor analysis and structural equation modelling. The findings indicate that the obtaining of market information from customers and market entities, other than customers and competitors, has a positive impact on product innovativeness, but there was no such relationship in the case of gathering information from competitors
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spelling doaj.art-98cd1f8d40c4408f98021ec23fd947372022-12-21T21:59:08ZengSciendoEconomics and Business Review2450-00972018-07-014372310.18559/ebr.2018.3.2ebr.2018.3.2Different Sources of Market Information and Product InnovativenessDąbrowski Dariusz0Gdańsk University of Technology, Faculty of Management and Economics, Marketing Department, ul. G. Narutowicza,Gdańsk, PolandThe purpose of this study is to identify whether the gathering of market information from different sources - i.e. from customers, competitors and other entities - is related to product innovativeness. The relationships proposed so far have not been empirically investigated but they can have important theoretical and practical implications for product innovation. To achieve the purpose of the paper data concerning 287 new products were used by applying confirmatory factor analysis and structural equation modelling. The findings indicate that the obtaining of market information from customers and market entities, other than customers and competitors, has a positive impact on product innovativeness, but there was no such relationship in the case of gathering information from competitorshttps://doi.org/10.18559/ebr.2018.3.2product innovativenessmarket informationnew productsources of information
spellingShingle Dąbrowski Dariusz
Different Sources of Market Information and Product Innovativeness
Economics and Business Review
product innovativeness
market information
new product
sources of information
title Different Sources of Market Information and Product Innovativeness
title_full Different Sources of Market Information and Product Innovativeness
title_fullStr Different Sources of Market Information and Product Innovativeness
title_full_unstemmed Different Sources of Market Information and Product Innovativeness
title_short Different Sources of Market Information and Product Innovativeness
title_sort different sources of market information and product innovativeness
topic product innovativeness
market information
new product
sources of information
url https://doi.org/10.18559/ebr.2018.3.2
work_keys_str_mv AT dabrowskidariusz differentsourcesofmarketinformationandproductinnovativeness