RISK-FOCUSED E-COMMERCE ADOPTION MODEL: A CROSS-COUNTRYSTUDY
Jinsoo Park, Korea University, KoreaDongwon Lee, University of Minnesota, USA , Joongho Ahn, Seoul National University, Korea
While e-commerce has proliferated, there has been insufficient research effortsconcerning its status in Korea. The United States, in contrast, has made significant effortin empirical research on the consumer’s adoption of e-commerce. This paper validatesthe e-Commerce Adoption Model (e-CAM) on the two countries. E-CAM integrates thetechnology acceptance model with the theories of perceived risk to explain the ecommerceadoption. The study findings not only provide interim support for thegeneralizability of e-CAM, but also suggest that online firms should consider thesecontextual factors in order to facilitate consumers’ adoption behavior.