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Different Sources of Market Information and Product Innovativeness Cover

Different Sources of Market Information and Product Innovativeness

Open Access
|Jul 2018

Abstract

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

DOI: https://doi.org/10.18559/ebr.2018.3.2 | Journal eISSN: 2450-0097 | Journal ISSN: 2392-1641
Language: English
Page range: 7 - 23
Submitted on: Dec 18, 2017
Accepted on: Apr 24, 2018
Published on: Jul 31, 2018
Published by: Poznań University of Economics and Business Press
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2018 Dariusz Dąbrowski, published by Poznań University of Economics and Business Press
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.