Perceived risk and trust in purchase intention towards generic drugs in Malaysia

This study aims to examine factors that influence purchase intention towards generic drugs in Malaysia. We proposed that perceived risk and trust are the determinants of purchase intention towards generic medicines. Self-administered questionnaires were distributed using both offline and online...

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Main Authors: Hong, Keai Sin, Kamisah Ismail
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2021
Online Access:http://journalarticle.ukm.my/17464/
http://journalarticle.ukm.my/17464/1/36109-159659-3-PB.pdf
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author Hong, Keai Sin
Kamisah Ismail,
author_facet Hong, Keai Sin
Kamisah Ismail,
author_sort Hong, Keai Sin
building UKM Institutional Repository
collection Online Access
description This study aims to examine factors that influence purchase intention towards generic drugs in Malaysia. We proposed that perceived risk and trust are the determinants of purchase intention towards generic medicines. Self-administered questionnaires were distributed using both offline and online method. 283 responses were collected and analysed using SmartPLS version 3. The results showed that all six dimensions of perceived risk has significant influence on the intention to purchase generic drugs. Performance risk has the highest contribution towards perceived risk. Besides, the findings revealed that trust does not influence perceived risk but influence purchase intention. The results suggested that the mediation effect of perceived risk between trust and purchase intention is not significant. The findings provide significant implications to government, policy makers, pharmaceutical manufacturers and marketers in their quests to reduce the escalating pharmaceutical costs and to increase generic substitution rate.
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spelling oai:generic.eprints.org:174642021-10-07T06:37:18Z http://journalarticle.ukm.my/17464/ Perceived risk and trust in purchase intention towards generic drugs in Malaysia Hong, Keai Sin Kamisah Ismail, This study aims to examine factors that influence purchase intention towards generic drugs in Malaysia. We proposed that perceived risk and trust are the determinants of purchase intention towards generic medicines. Self-administered questionnaires were distributed using both offline and online method. 283 responses were collected and analysed using SmartPLS version 3. The results showed that all six dimensions of perceived risk has significant influence on the intention to purchase generic drugs. Performance risk has the highest contribution towards perceived risk. Besides, the findings revealed that trust does not influence perceived risk but influence purchase intention. The results suggested that the mediation effect of perceived risk between trust and purchase intention is not significant. The findings provide significant implications to government, policy makers, pharmaceutical manufacturers and marketers in their quests to reduce the escalating pharmaceutical costs and to increase generic substitution rate. Penerbit Universiti Kebangsaan Malaysia 2021 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/17464/1/36109-159659-3-PB.pdf Hong, Keai Sin and Kamisah Ismail, (2021) Perceived risk and trust in purchase intention towards generic drugs in Malaysia. Jurnal Pengurusan, 61 . pp. 17-30. ISSN 0127-2713 https://ejournal.ukm.my/pengurusan/issue/view/1409
spellingShingle Hong, Keai Sin
Kamisah Ismail,
Perceived risk and trust in purchase intention towards generic drugs in Malaysia
title Perceived risk and trust in purchase intention towards generic drugs in Malaysia
title_full Perceived risk and trust in purchase intention towards generic drugs in Malaysia
title_fullStr Perceived risk and trust in purchase intention towards generic drugs in Malaysia
title_full_unstemmed Perceived risk and trust in purchase intention towards generic drugs in Malaysia
title_short Perceived risk and trust in purchase intention towards generic drugs in Malaysia
title_sort perceived risk and trust in purchase intention towards generic drugs in malaysia
url http://journalarticle.ukm.my/17464/
http://journalarticle.ukm.my/17464/
http://journalarticle.ukm.my/17464/1/36109-159659-3-PB.pdf