Adoption of renewable energy technologies in Mexico: The role of cognitive factors and innovation attributes
International Journal of Energy Sector Management
ISSN: 1750-6220
Article publication date: 5 September 2017
Issue publication date: 18 September 2017
Abstract
Purpose
This research aims to analyse cognitive factors, innovation attributes and their influence on adoption of solar renewable energy technologies (RETs) for urban households in Mexico. It expands existing cognitive frameworks by including variables from diffusion of innovation theory.
Design/methodology/approach
On the basis of the data of 291 urban consumers and through the use of partial least squares (PLS), the proposed model was empirically tested. Finite mixture PLS method helped identify two market segments.
Findings
Findings suggest that beliefs about consequences of adopting RETs have significant influence in shaping consumer’s attitudes towards RETs which were found to be an accurate predictor of the behavioural intention to adopt these technologies. Regarding innovation attributes, the results show that for a solar heater to be adopted, it should be compatible with the social values of the consumer. Triability and relative advantage show little influence on attitude formation. Two market segments found differ on the basis of beliefs and attitudes.
Research limitations/implications
The study was limited to analyse consumer responses to solar energy in residential urban settings.
Practical implications
Organizations wanting to increase their consumer base need to develop sound technological innovations with high levels of compatibility a low complexity.
Originality/value
The study combines diffusion of innovation theory with cognitive frameworks and finds that innovation attributes become strong predictors of intentions to adopt RETs.
Keywords
Acknowledgements
Authors wish to thank Daniela Chávez and Adriana de la Rosa, undergraduate students and to Dr Eugenia Aldana, Professor at Tecnológico de Monterrey CCM for their help in handling data. This research was funded by CONACYT Mexico and EGADE Business School under the scholarship for human resources formation (CVU 422234).
Citation
Reyes-Mercado, P. and , R. (2017), "Adoption of renewable energy technologies in Mexico: The role of cognitive factors and innovation attributes", International Journal of Energy Sector Management, Vol. 11 No. 4, pp. 626-649. https://doi.org/10.1108/IJESM-02-2017-0001
Publisher
:Emerald Publishing Limited
Copyright © 2017, Emerald Publishing Limited