SearcharxivSearch

arXiv · 2412.13556

An Analysis of the Relationship Between the Characteristics of Innovative Consumers and the Degree of Serious Leisure in User Innovation

Abstract

This study examines the relationship between the concept of serious leisure and user innovation. We adopted the characteristics of innovative consumers identified by Luthje (2004)-product use experience, information exchange, and new product adoption speed-to analyze their correlation with serious leisure engagement. The analysis utilized consumer behavior survey data from the "Marketing Analysis Contest 2023" sponsored by Nomura Research Institute, examining the relationship between innovative consumer characteristics and the degree of serious leisure (Serious Leisure Inventory and Measure: SLIM). Since the contest data did not directly measure innovative consumer characteristics or serious leisure engagement, we established alternative variables for quantitative analysis. The results showed that the SLIM alternative variable had positive correlations with diverse product experiences and early adoption of new products. However, no clear relationship was found with information exchange among consumers. These findings suggest that serious leisure practice may serve as a potential antecedent to user innovation. The leisure career perspective of the serious leisure concept may capture the motivations of user innovators that Okada and Nishikawa (2019) identified.

Explore related subjects

Keep this discovery

Explore connections, maps & timelines

BibTeXRIS

Taichi Abe, Yasunobu Morita. 2024-12-18. An Analysis of the Relationship Between the Characteristics of Innovative Consumers and the Degree of Serious Leisure in User Innovation. https://arxiv.org/abs/2412.13556

Cite the original work for its findings. Save a collection to share your selection of sources.

KEEP EXPLORING

Related papers

Identification in Linear Quantile Panel Models

This paper studies identification in linear quantile panel models with unrestricted individual heterogeneity when the number of time periods is fixed and small. We impose strict exogeneity, whereby the conditional quantile restriction holds given the individual's complete regressor history and latent individual effect, but otherwise allow the disturbances to be arbitrarily dependent over time.

econ.EM

Experimental Design for Policy Choice

We show how to optimally design experiments when the resulting data will be used to choose a welfare-maximizing policy subject to constraints. A decision maker seeks to maximize Bayes expected welfare by choosing a policy whose effects depend on an unknown finite-dimensional parameter. The decision maker has access to a first wave of experimental data with a fixed design but may choose the design of a second wave that will be collected before choosing the policy. The resulting experimental design--policy choice problem is a very high-dimensional dynamic program that is generally intractable in finite samples. We propose a tractable approximation based on the limit experiment and show it is asymptotically optimal using a new asymptotic representation theorem for adaptive experiments with continuous treatments. We apply the method to a conditional cash transfer experiment and demonstrate the potential for large gains from tailoring the experiment to the policy choice.

econ.EM

Designing Spatial Treatments

Spatial treatments are interventions assigned to locations potentially distinct from those of the responding units. We study their optimal design under a general model in which a unit's response diminishes with distance to a treated site. Our estimand of interest is an ``uncontaminated'' effect equal to the average impact of a single intervention site over all hypothetical sites. We propose a novel design based on a Mat\'{e}rn point process which separates treatments by a distance of at least $r$. A larger choice of $r$ reduces bias by separating interventions but increases variance by reducing their numerosity. We choose $r$ to maximize the rate of convergence of a Horvitz-Thompson estimator and prove that this is minimax rate-optimal. We provide weak conditions under which the estimator is asymptotically normal and propose a variance estimator.

econ.EM