An investigation of willingness to buy generic prescription medicines in Australia

This paper investigates consumer perception on prescription generic medicines (PGM) in Australia. Specifically, it examines how consumer concern and consumer knowledge about counterfeit medicines influence attitudes towards generic prescription medicine and willingness to pay more for branded prescr...

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Main Authors: Liang, Johan, Phau, Ian
Format: Working Paper
Published: School of Marketing, Curtin Business School 2010
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/15969
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author Liang, Johan
Phau, Ian
author_facet Liang, Johan
Phau, Ian
author_sort Liang, Johan
building Curtin Institutional Repository
collection Online Access
description This paper investigates consumer perception on prescription generic medicines (PGM) in Australia. Specifically, it examines how consumer concern and consumer knowledge about counterfeit medicines influence attitudes towards generic prescription medicine and willingness to pay more for branded prescription medicines. Data were collected using mail surveys to reach mature age population and 281 usable responses were used for analysis. The consumer concern was found to be significant predictor of attitude and willingness to pay more for branded prescription medicines but consumer knowledge is an insignificant predictor. Implications of the study and the corresponding recommendations are presented and discussed.
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institution Curtin University Malaysia
institution_category Local University
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publishDate 2010
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spelling curtin-20.500.11937-159692017-01-30T11:53:05Z An investigation of willingness to buy generic prescription medicines in Australia Liang, Johan Phau, Ian willingness to buy Generic medicines consumer perception attitudes This paper investigates consumer perception on prescription generic medicines (PGM) in Australia. Specifically, it examines how consumer concern and consumer knowledge about counterfeit medicines influence attitudes towards generic prescription medicine and willingness to pay more for branded prescription medicines. Data were collected using mail surveys to reach mature age population and 281 usable responses were used for analysis. The consumer concern was found to be significant predictor of attitude and willingness to pay more for branded prescription medicines but consumer knowledge is an insignificant predictor. Implications of the study and the corresponding recommendations are presented and discussed. 2010 Working Paper http://hdl.handle.net/20.500.11937/15969 School of Marketing, Curtin Business School fulltext
spellingShingle willingness to buy
Generic medicines
consumer perception
attitudes
Liang, Johan
Phau, Ian
An investigation of willingness to buy generic prescription medicines in Australia
title An investigation of willingness to buy generic prescription medicines in Australia
title_full An investigation of willingness to buy generic prescription medicines in Australia
title_fullStr An investigation of willingness to buy generic prescription medicines in Australia
title_full_unstemmed An investigation of willingness to buy generic prescription medicines in Australia
title_short An investigation of willingness to buy generic prescription medicines in Australia
title_sort investigation of willingness to buy generic prescription medicines in australia
topic willingness to buy
Generic medicines
consumer perception
attitudes
url http://hdl.handle.net/20.500.11937/15969