Consumer adoption of new technologies : the role of perceived risk

Alomran, Abdullah M.

Abstract

Driven by perceived Internet technology advantage and significant market potential, this study focuses on the impacts of Perceived Risk and Trust Belief on Behavioural Intention to use hotel e-booking services in Saudi Arabia. The study employs the UTAUT2 (Unified Theory of Acceptance and Use of Technology ІІ). The objective is to establish and assess a new model that can be used to determine the various elements, which impact usage behaviour among customers of hotel e-booking services. This study places special emphasis on the unique role of trust belief, and the perception of risk.
The data were collected from a cross-sectional survey of 465 respondents. Partial Least Squares-Structured Equation Modelling (PLS-SEM) was employed in analysing the data. Our study adds to the current literature by proposing new variables linking ‘Perceived Risk’ and ‘Trust Belief’ to the UTAUT2. Furthermore, this study provides a response to appeals for further examination and use of aspects, which enlarge the tools, and usage of UTAUT2.
The research model represents a pioneering study integrating perceived risk from consumer adoption of new technology literature, employing the UTAUT2 model to assist in initiating the integration of multi-disciplinary research in electronic marketing. In this research, Trust Belief (TR) was hypothesized, for first time, as a mediator that mediates the influence of Perceived Risk (PR) toward Behavioural Intention (BI). It was found that trust belief completely mediates the negative relationship between perceived risk and behavioural intention.
Within the context of electronic booking in the hospitality industry in Saudi Arabia, this research provides the first attempt in which the UTAUT2 model is employed to identify the various factors that impact a consumer’s choice to embrace and utilise hotel e-booking services. All constructs within the UTAUT2 model exhibited a significant and sufficient extent of discriminant and convergent validity and reliability, except for the construct of facilitating conditions. The results provide backing for utilising the UTAUT2 model for predicting consumers’ intention to adopt and utilise e-booking hotel services within the context of Saudi Arabia. Therefore, this study offers valuable contributions to the existing body of literature, by investigating the validity and reliability of the UTAUT model, originally developed for the Western world, to clarify parallel behaviours in a non-Western context.

Citation

Alomran, A. M. (2018). Consumer adoption of new technologies : the role of perceived risk. (Thesis). University of Hull. Retrieved from https://hull-repository.worktribe.com/output/4200786

• Thesis Type: Thesis
• Deposit Date: Feb 14, 2023
• Publicly Available Date: Feb 14, 2023
• Keywords: Business
• Public URL: https://hull-repository.worktribe.com/output/4200786
• Award Date: 2018-05