2021
DOI: 10.3390/su13084178
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Industry Leaders’ Perceptions of Residential Wood Pellet Technology Diffusion in the Northeastern U.S.

Abstract: Within a shifting climate of renewable energy options, technology innovations in the energy sector are vital in combating fossil-fuel-driven climate change and economic growth. To enter this market dominated by fossil fuels, renewable energy innovations need to overcome significant barriers related to cost, relative advantages compared to fossil fuels, and policy incentive programs. A better understanding of the innovation diffusion of new technologies in establishing the renewable energy industry can aid poli… Show more

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“…Relative advantage is defined as "the degree to which an innovation is perceived as being better than the idea it supersedes" (Jensen, 2020;Rogers, 2003). Olechnowicz et al (2021) proclaim that the degree of Relative Advantage is frequently represented in terms of economic profitability, social prestige, or other advantages such as time, effort savings and cost savings. The following hypotheses were posited in the regard: H4a: Relative Advantage has significant influence on the Acceptance of the HRIS.…”
Section: H3bmentioning
confidence: 99%
“…Relative advantage is defined as "the degree to which an innovation is perceived as being better than the idea it supersedes" (Jensen, 2020;Rogers, 2003). Olechnowicz et al (2021) proclaim that the degree of Relative Advantage is frequently represented in terms of economic profitability, social prestige, or other advantages such as time, effort savings and cost savings. The following hypotheses were posited in the regard: H4a: Relative Advantage has significant influence on the Acceptance of the HRIS.…”
Section: H3bmentioning
confidence: 99%