factors promoting and retarding the adoption of innovation
TRANSCRIPT
WELCOME
TOPICFACTORS INFLUENCING THE RATE OF ADOPTION OF
INNOVATION
PRESENTED BY
Khating Suresh (2015A/86M)Ladeiphi Kharsati(2015A/87M)Ajay Meargewar (2015A/88M)
CONTENTSSl no
index PRESENTED BY
1 INTRODUCTIONa. What is innovation?b. What is adoption?c. Need of adoption of innovationd. What is rate of adoption.
KHATING SURESH
11 FACTORS INFLUENCING THE RATE OF ADOPTION OF INNOVATIONa. Social factorsb.Cultural factorsc. Personal factors
LADEIPHI KHARSATI
d. Situational factorse. Others.
AJAY MEARGEWAR
111 EXAMPLES AJAY MEARGEWAR
INTRODUCTION
WHAT IS INNOVATION?An innovation is an idea, practice or object, that is perceived as new by an individual or other unit of adoption
WHAT IS ADOPTION?
•Adoption is the decision to make full use of an innovation as the best course of action available.
NEED OF INNOVATION AND ADOPTION
RATE OF ADOPTION
•Rate of adoption is the relative speed with which an innovation is adopted by members of a social system.• It is generally measured as the number of individuals who adopt a new idea in a specified period. So the rate of adoption is a numerical indicator of the steepness of the adoption curve for an innovation
FACTORS INFLUENCING THE RATE OF ADOPTION OF INNOVATION
I. SOCIAL FACTORS:
SOCIAL FACTORS INCLUDE :
2.SOCIAL CLIQUES: 1.FORMAL GROUP 3.LOCALITY GROUPS
6.REFERENCE GROUPS4.SOCIAL STATUS
FACTORS
II.
CULTURAL FACTORS INCLUDE :
VALUES
NORMS
TRADITIONS
ATTITUDES.
III. PERSONAL FACTORS
PERSONAL FACTORS INCLUDE
1.AGE 2.EDUCATION 3.PSYCHOLOGICAL
IV. SITUATIONAL FACTORS
1.FARM INCOME
2.FARM SIZE:
3.TENURE STATUS
SITUATIONAL FACTORS INCLUDES
4.SOURCES OF INFORMATION USED
5.STANDARD OF LIVING
6.THE NATURE OF THE PRACTICES:
a.COMPLEXITY
b.COMPATIBILITYc. OBSERVIBILITY
d.cost and net returns
V. OTHERS:
• Lack of well-coordinated efforts• Ease of maintenance• Upgraded technology• Communication network:
EXAMPLES
FORGET YESTERDAY - IT HAS ALREADY FORGOTTEN YOU. DON'T SWEAT TOMORROW - YOU HAVEN'T EVEN MET. INSTEAD, OPEN YOUR EYES AND YOUR HEART TO A TRULY PRECIOUS GIFT - TODAY. STEVE MARABOLI