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How Do Psychological Factors Affect Innovation And Adoption Decisions?

Author

Listed:
  • TIM STROH

    (,*College of Business and Law, RMIT University, 445 Swanston Street, Melbourne, 3000, Australia)

  • ANNE-LAURE MENTION

    (,*College of Business and Law, RMIT University, 445 Swanston Street, Melbourne, 3000, Australia†Tampere University, Kalevantie, 4, 33100 Tampere, Finland‡Singapore University of Social Sciences, 463 Clementi Road, 599494, Singapore§INESCTEC, R. Dr. Roberto Frias, 4200-465 Porto, Portugal)

  • CAMERON DUFF

    (,*College of Business and Law, RMIT University, 445 Swanston Street, Melbourne, 3000, Australia)

Abstract

Interest in the significant impact of psychological factors on innovation outcomes is growing rapidly. Our understanding of cognitive processes is, however, evolving, and research on the specific forms and role of these factors within innovation-related decisions is limited. We propose a theory of decision-making that offers consilience across research areas, is grounded in both physical and social sciences, explains the constructs already established by innovation, adoption and resistance research, and serves the needs of innovation researchers and practitioners as a pragmatic tool. Using a variety of established research tools in novel ways including semantic field and bibliometric analysis and by drawing on research from diverse disciplines, we identify evolved psychological mechanisms as influences on adoption decision processes. We conclude that Evolutionary Choice Theory, defined as the collective influence of these evolved psychological mechanisms, should be adopted by innovation practitioners and researchers and provide specific pragmatic applications to inform this adoption.

Suggested Citation

  • Tim Stroh & Anne-Laure Mention & Cameron Duff, 2022. "How Do Psychological Factors Affect Innovation And Adoption Decisions?," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 26(09), pages 1-42, November.
    • Handle: RePEc:wsi:ijimxx:v:26:y:2022:i:09:n:s1363919622400266
    DOI: 10.1142/S1363919622400266
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