Analysis of consumers` innovation efficiency: changes of the consumption patterns in the Ukrainian society over the last 25 years

  • Received May 4, 2017;
    Accepted June 9, 2017;
    Published June 14, 2017
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    Volume 1 2017, Issue #2, pp. 4-12

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This paper reviews the transformation of Ukrainian consumption patterns since 1991 and the impact this change had on Ukrainian consumers. The authors research the market forces and the influence those forces had on the consumer behavior. Also, the authors conclude that these market forces resulted in transforming consumer behavior and consumption patterns. In this paper presents a conceptual analysis of the possible choices of market models and the implications of the Ukrainian society. Scientific findings demonstrate that users in Ukraine often play the main role in the creation of new conceptual products. But at the same time, there is a paucity of literature on this problem. The authors report a very high level of novelty by these consumers. The outcomes also reveal that innovating users can be distinguished from some non-innovating ones. Finally, innovation by users can be a significant basis of new product thoughts and ideas for consumer goods companies.

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    • Figure 1. Ukraine’s GDP, USD Billion
    • Figure 2. Ukraine’s GDP (forecast), USD Billion
    • Figure 3. GDP of some countries, USD
    • Figure 4. Ukraine Consumer Spending, UAH/million (2001–2016)
    • Figure 5. Ukraine Consumer Spending, UAH/million (2013–2016)
    • Figure 6. Ukraine Consumer Price Index (CPI), Index points (1991–2015)
    • Figure 7. Ukraine Consumer Price Index (CPI), Index points (2011–2016)
    • Table 1. Favorable factors