• Title/Summary/Keyword: Marginal Effect Anlalysis

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Analysis of Factors Influencing the Intention of New Technology Adoption -Focusing on the Pilot Project on 'Bean Stinkbug Trap'- (신기술 도입의향에 관한 영향요인 분석 - '콩 노린재 포획트랩'시범사업을 중심으로 -)

  • Yun, Jin-Woo;Chae, Yong-Woo
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.1
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    • pp.448-456
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    • 2020
  • This study found that it is critical to consider farmers' intention to adopt new technology in order to facilitate the spread of new technology. Based on this assumption, the research team analyzed the following: factors that influence intention of adoption and marginal effects on those factors. The data were collected from 99 farmers who did not participate in the pilot projects on dissemination of new technologies developed by the Rural Development Administration (RDA). A total of 19 observed variables were set to measure seven latent variables: educational support; technical support; funding support; compatibility; trialability; observability; and antipathy. The intention to adopt new technology was established as the dependent variable. According to the ordered logit analysis, educational support, observability, and antipathy were found to have significantly affected the intention to adopt new technology; their odds ratio were 6.938, 2.716, and 0.501, respectively. According to the marginal analysis, educational support, observability, and antipathy were found to have significantly affected the intention to adopt new technology; their marginal effects were 20.2 %, 10.4 %, and -7.2 %, respectively. Therefore, this study suggests the following to facilitate the spread of new technology: first, provide quality support services through effective deduction; second, increase the visibility of new technology; and third, enhance the credibility of agricultural institutions by developing continuous relations with farmers to reduce their antipathy.