Critical Factors Impacting the Adoption of Foresight by companies

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60461373%3A22810%2F17%3A43914988" target="_blank" >RIV/60461373:22810/17:43914988 - isvavai.cz</a>

Result on the web

<a href="http://www.emeraldinsight.com/doi/abs/10.1108/FS-02-2017-0009" target="_blank" >http://www.emeraldinsight.com/doi/abs/10.1108/FS-02-2017-0009</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1108/FS-02-2017-0009" target="_blank" >10.1108/FS-02-2017-0009</a>

Result language

angličtina

Original language name

Critical Factors Impacting the Adoption of Foresight by companies

Original language description

The presented study aims to provide an understanding of the mechanism whereby foresight is accepted by Czech companies. The results of the study can give an insight into how to design an optimized corporate foresight tool. The well-established framework of UTAUT2 served as a baseline for research into key determinants of the behavioral intention to use the foresight. The proposed research model included independent variables of UTAUT2 relevant in the context of foresight. The additional variable of personal innovativeness was introduced as a potential predictor. Structural equation modeling (SmartPLS 2.0 software) was used to evaluate the data. Findings: Performance expectancy regarding foresight was identified as the most substantial predictor of behavioral intention in line with the scientific literature. Surprisingly, the second strongest predictor was the construct of personal innovativeness, and social influence was also proven to affect behavioral intention. The results show that traditional determinants of effort expectancy, facilitating conditions, hedonic motivation and habit did not play a significant role in relation to behavioral intention to adopt the foresight. The attributes of cost as well as intention to use could not be included in the research model, as the corporate foresight is not commonly implemented. Secondly, the tested sample included 103 interviewed organizations but only from Czech Republic. The study primarily aims to enhance corporate foresight theory. Secondarily, it extends the UTAUT2 theoretical framework by testing personal innovativeness as a variable explaining behavioral intention. The authors provide statistical evidence of factors impacting the adoption of corporate foresight by companies.

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50204 - Business and management

Project

—

Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2017

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Foresight

ISSN

1463-6689

e-ISSN

—

Volume of the periodical

19

Issue of the periodical within the volume

6

Country of publishing house

GB - UNITED KINGDOM

Number of pages

18

Pages from-to

541-558

UT code for WoS article

000415703600001

EID of the result in the Scopus database

2-s2.0-85034619678