| Literature DB >> 34898759 |
Junwei Cao1, Feng Liu2, Meng Shang3, Xiaotong Zhou4.
Abstract
With the progress of epidemic containment, the Chinese government has relaxed its regulatory policies on street vending, hoping to help people who have lost their livelihoods and to assist in the restoration of social and economic order. In response, Chinese people poured into the stall economy, especially individual peddlers, with great expectations for street vending. Street vending has become a hot topic on Chinese social network sites (SNSs). Based on the push-pull-mooring framework, SNS information overload theory was introduced and combined with the actual situations of street vending in China, and a structural equation model was established to study factors affecting individual Chinese peddlers' intention to engage in street vending and the effects of SNS information overload on these factors. Results revealed that perceived policy benefits, subjective norms, and switching cost perceptions of individual peddlers were positive factors affecting their intention to engage in street vending. SNS information overload positively affected individual peddlers' dissatisfaction with their original business model, anxieties over their livings, perception of policy benefits, and subjective norms but negatively affected individual peddlers' perception of switching costs.Entities:
Keywords: COVID-19; Information overload; Push-pull-mooring framework; Street vending; Switching intention
Year: 2021 PMID: 34898759 PMCID: PMC8646579 DOI: 10.1016/j.techsoc.2021.101669
Source DB: PubMed Journal: Technol Soc ISSN: 0160-791X
Fig. 1The degree of attention given to street vending according to the Baidu Index between 2020.05.20 and 2020.06.05 in China.
Fig. 2The degree of attention given to street vending in major regions of China according to the Baidu Index.
Fig. 3Proposed research model.
Results of confirmatory factor analysis (CFA) for the measurement model.
| Latent variable | Item | Loading | Cronbach's a | CR | AVE | VIF |
|---|---|---|---|---|---|---|
| SIO | SIO1 | 0.971 | 0.937 | 0.970 | 0.941 | – |
| SIO2 | 0.969 | |||||
| AAL | AAL1 | 0.948 | 0.833 | 0.921 | 0.854 | 1.012 |
| AAL2 | 0.899 | |||||
| MD | MD1 | 0.926 | 0.858 | 0.913 | 0.778 | 1.717 |
| MD2 | 0.909 | |||||
| MD3 | 0.807 | |||||
| SCC | SCC1 | 0.865 | 0.721 | 0.877 | 0.781 | 2.041 |
| SCC2 | 0.902 | |||||
| PFP | PFP1 | 0.910 | 0.818 | 0.916 | 0.846 | 1.310 |
| PFP2 | 0.930 | |||||
| SN | SN1 | 0.922 | 0.829 | 0.921 | 0.854 | 2.272 |
| SN2 | 0.927 | |||||
| SW | SW1 | 0.938 | 0.854 | 0.931 | 0.872 | – |
| SW2 | 0.930 |
Abbreviations: MD (Dissatisfaction with current business model), AAL (Anxiety about life), PFP (Perceived benefit of policies), SN (Subjective norm), SCC (Perceived Switch Cost), SIO (SNS information overload), SW (Intention to Switch to Street Vending).
Factor correlation coefficients and square roots of the AVE.
| AAL | MD | PFP | SCC | SIO | SN | SW | |
|---|---|---|---|---|---|---|---|
| AAL | 0.924 | ||||||
| MD | 0.038 | 0.882 | |||||
| PFP | −0.036 | 0.475 | 0.920 | ||||
| SCC | −0.084 | −0.428 | −0.191 | 0.884 | |||
| SIO | 0.274 | 0.232 | 0.175 | −0.664 | 0.970 | ||
| SN | 0.086 | 0.511 | 0.177 | −0.709 | 0.453 | 0.924 | |
| SW | 0.088 | 0.424 | 0.214 | −0.715 | 0.521 | 0.849 | 0.934 |
Abbreviations: MD (Dissatisfaction with current business model), AAL (Anxiety about life), PFP (Perceived benefit of policies), SN (Subjective norm), SCC (Perceived Switch Cost), SIO (SNS information overload), SW (Intention to Switch to Street Vending).
Fig. 4Testing results of the research model (*p < 0.05; **p < 0.01; ***p < 0.001, ns: nonsignificant).
Hypotheses testing results.
| Hypotheses | ß | STDEV | T Statistics | P Values | Result |
|---|---|---|---|---|---|
| MD- > SW | −0.076 | 0.043 | 1.767 | 0.077 | Reject |
| AAL- > SW | 0.013 | 0.034 | 0.381 | 0.703 | Reject |
| PFP- > SW | 0.082 | 0.040 | 2.029 | 0.042 | Support |
| 0.711 | 0.060 | 11.939 | 0.000 | Support | |
| SCC- > SW | −0.227 | 0.060 | 3.769 | 0.000 | Support |
| SIO- > MD | 0.232 | 0.052 | 4.440 | 0.000 | Support |
| SIO- > AAL | 0.274 | 0.046 | 5.937 | 0.000 | Support |
| SIO- > PFP | 0.175 | 0.064 | 2.730 | 0.006 | Support |
| SIO- > SN | 0.453 | 0.040 | 11.196 | 0.000 | Support |
| SIO- > SCC | −0.664 | 0.023 | 28.398 | 0.000 | Support |
Abbreviations: MD (Dissatisfaction with current business model), AAL (Anxiety about life), PFP (Perceived benefit of policies), SN (Subjective norm), SCC (Perceived Switch Cost), SIO (SNS information overload), SW (Intention to Switch to Street Vending.
| Factors | Serial Num. | Item | Reference |
|---|---|---|---|
| SNS Information overload (SIO) | SIO1 | There is too much information about street vending in SNS. | Lee et al. [ |
| SIO2 | I need to spend more time reviewing the information about street vending contained in the SNS. | ||
| Dissatisfaction with the current model (MD) | MD1 | After obtaining information about my business from SNS (or communicating with my peers), I am dissatisfied with my previous business model. | Chang et al. [ |
| MD2 | After obtaining information about my business from SNS (or communicating with my peers), I am unwilling to continue my previous business model. | ||
| MD3 | After obtaining information about my business from SNS (or communicating with colleagues), I feel uneasy about continuing to engage in the previous business model. | ||
| Anxiety about life (AAL) | AAL1 | After obtaining information about my business from SNS (or communicating with my peers), in recent life, I feel that I am easily affected by emotions such as excitement, anger, shock or fear. | Swar et al. [ |
| AAL2 | After getting information about my business from SNS (or communicating with my colleagues), I feel very worried about my recent life. | ||
| Perceived benefit of policies (PFP) | PFP1 | According to the information obtained through SNS, I think the current policy is beneficial to try out the street vending. | Li et al. [ |
| PFP2 | According to the information obtained through SNS, I think the cost of trying street vending under the current policy is very low. | ||
| Subjection norm (SN) | SN1 | My friend thinks that I should try the business model of a street stall. | Liu and Kuo [ |
| SN2 | Most people I think are important think I should try the street vending mode. | ||
| Perceived Switching cost (SCC) | SCC1 | From the information obtained through SNS, I think if I change the original business model and try street vending, I will lose a lot. | Sun et al. [ |
| SCC2 | From the information obtained through SNS, I think it takes a lot of time and energy to try street vending. | ||
| Switching intention (SW) | SW1 | I am considering trying street vending. | Chang et al. [ |
| SW2 | In order to solve my current problems, I am willing to try street vending. |