Exploring young customers’ purchasing intention for solar appliances in an emerging market: evidence from structural equation modeling approach
International Journal of Energy Sector Management
ISSN: 1750-6220
Article publication date: 19 November 2024
Abstract
Purpose
This study aims to investigate the impact of several constructs on young customers’ consumption of solar energy appliances in an emerging market by extending the theory of planned behavior (TPB).
Design/methodology/approach
This study collected primary data from 885 young customers in an emerging market, that is, Vietnam. Subsequently, this study used partial least squares structural equation modeling to investigate the relationships between examined variables.
Findings
The results indicated that personal innovativeness, environmental knowledge and renewable energy knowledge significantly improved attitudes toward solar energy appliances. In addition, purchasing intention is promoted by subjective norms and perceived behavioral control. Contradictorily, the perceived functional risk is a significant barrier to purchasing intention. It also negatively moderates two associations: attitude and purchasing intention, attitude and positive word-of-mouth. Despite being proven to influence word-of-mouth positively, attitude has no significant impact on purchasing intention.
Originality/value
These findings suggested several implications for enterprises, technology providers and policymakers to develop renewable energy appliance consumption.
Keywords
Acknowledgements
The authors really appreciate Thuongmai University, Hanoi, Vietnam for providing favorable working environment for us to carry out this research. They would like to note that this research is funded by Thuongmai University, Hanoi, Vietnam.
Citation
Vu, T.D., Nguyen, T.M.N. and Vu, P.T. (2024), "Exploring young customers’ purchasing intention for solar appliances in an emerging market: evidence from structural equation modeling approach", International Journal of Energy Sector Management, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/IJESM-07-2024-0031
Publisher
:Emerald Publishing Limited
Copyright © 2024, Emerald Publishing Limited