There are three aims for this paper: firstly, the differences of consumer innovation between Korean and Chinese consumers are explored; secondly, as the key factor in the evaluation of the purchasing intention, the specific elements that influence the...
There are three aims for this paper: firstly, the differences of consumer innovation between Korean and Chinese consumers are explored; secondly, as the key factor in the evaluation of the purchasing intention, the specific elements that influence the purchase of smart devices are studied; thirdly, the regulating effects of the product attributes on the relationship between the consumer innovation and the purchasing intention are discussed. The universities students in Shandong Province, China and those in Busan, Korea are investigated and two hundred and seventy questionnaires are used. Based on the result of the analysis, three conclusions can be drawn: Firstly, the general innovation and the orientation innovation can exercise positive roles in the Korean university students while the general innovation and the behavior innovation play this role in Chinese university student;
Secondly, for most Chinese university students, the practical attributes are highly valuated in their purchase of smart devices; in contrast, the effects of these kinds of attributes can be most ignored for most of the Korean university students buyers.
Thirdly, Chinese university students differ with their Korean counterparts in evaluating the general innovation part and the behavior innovation part and they hold a much lower score for the former one and a much higher score for the latter one compared with the Korean university students. This research can enlighten the IT industry in Korea in helping them master the purchasing characters of the consumers so as to achieve better development in the domestic markets and expand their business in the international market especially in the Chinese market. With the aim of adjusting the differences of the consumer innovation in the purchase of smart devices, the specific marketing strategy should be employed by the Korean companies.