An analysis of consumers' knowledge and perceptions in relation to genetically engineered (GE) Cotton : marketing and utility

Cotton makes up a majority of the world’s fiber market, with genetically engineered (GE) cotton the current staple of the US agricultural landscape. With GE cotton’s overall acceptance for US farmers and manufacturers, it is of concern that the majority of literature concerning GE crops primarily c...

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Bibliographic Details
Main Author: Watson, Megan Mignon
Format: Others
Language:English
Published: 2012
Subjects:
GE
GM
Online Access:http://hdl.handle.net/2152/ETD-UT-2011-12-4425
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spelling ndltd-UTEXAS-oai-repositories.lib.utexas.edu-2152-ETD-UT-2011-12-44252015-09-20T17:05:07ZAn analysis of consumers' knowledge and perceptions in relation to genetically engineered (GE) Cotton : marketing and utilityWatson, Megan MignonGEGenetically engineeredGenetically modified cottonGMRisk TheoryPurchase intentionsAttitudes towards GE cottonKnowledgePerceived benefitsPerceived risksCommunicationTrustIntrinsic attributesExtrinsic attributesUS marketCotton makes up a majority of the world’s fiber market, with genetically engineered (GE) cotton the current staple of the US agricultural landscape. With GE cotton’s overall acceptance for US farmers and manufacturers, it is of concern that the majority of literature concerning GE crops primarily compares negative attitudes towards GE food crops in stricter economies such as the European Union. Due to the inadequate literature regarding both the market advantages and consumer perceptions of GE cotton specifically, this study was conceived to provide marketers with a baseline analysis of the factors that affect US consumers’ current attitudes (knowledge, risk perceptions, etc.) regarding GE cotton. Multiple regression analyses were used for our models which measured purchase intentions towards GE cotton and perceived risks of GE cotton based on both intrinsic and extrinsic factors. Paired and single t-tests were performed to predict the current positioning of GE cotton as a marketable alternative to organic and conventional cotton, and to determine which institutions consumer’s trust most for information on the risks and benefits of GE cotton. Our studies showed that while knowledge of cotton and agriculture is low, GE cotton was regarded more positively than conventional cotton with the potential to improve in consumer’s opinions. According to our findings, by efficiently communicating the benefits of GE cotton through trusted channels of communication (i.e. scientists, consumer organizations, the media), particularly addressing ethical concerns, policy regulation, and how the product is useful to the consumer individually, GE cotton could become a comparative market alternative to organic, at a greater available supply.text2012-02-10T17:25:16Z2012-02-10T17:25:16Z2011-122012-02-10December 20112012-02-10T17:25:29Zthesisapplication/pdfhttp://hdl.handle.net/2152/ETD-UT-2011-12-44252152/ETD-UT-2011-12-4425eng
collection NDLTD
language English
format Others
sources NDLTD
topic GE
Genetically engineered
Genetically modified cotton
GM
Risk Theory
Purchase intentions
Attitudes towards GE cotton
Knowledge
Perceived benefits
Perceived risks
Communication
Trust
Intrinsic attributes
Extrinsic attributes
US market
spellingShingle GE
Genetically engineered
Genetically modified cotton
GM
Risk Theory
Purchase intentions
Attitudes towards GE cotton
Knowledge
Perceived benefits
Perceived risks
Communication
Trust
Intrinsic attributes
Extrinsic attributes
US market
Watson, Megan Mignon
An analysis of consumers' knowledge and perceptions in relation to genetically engineered (GE) Cotton : marketing and utility
description Cotton makes up a majority of the world’s fiber market, with genetically engineered (GE) cotton the current staple of the US agricultural landscape. With GE cotton’s overall acceptance for US farmers and manufacturers, it is of concern that the majority of literature concerning GE crops primarily compares negative attitudes towards GE food crops in stricter economies such as the European Union. Due to the inadequate literature regarding both the market advantages and consumer perceptions of GE cotton specifically, this study was conceived to provide marketers with a baseline analysis of the factors that affect US consumers’ current attitudes (knowledge, risk perceptions, etc.) regarding GE cotton. Multiple regression analyses were used for our models which measured purchase intentions towards GE cotton and perceived risks of GE cotton based on both intrinsic and extrinsic factors. Paired and single t-tests were performed to predict the current positioning of GE cotton as a marketable alternative to organic and conventional cotton, and to determine which institutions consumer’s trust most for information on the risks and benefits of GE cotton. Our studies showed that while knowledge of cotton and agriculture is low, GE cotton was regarded more positively than conventional cotton with the potential to improve in consumer’s opinions. According to our findings, by efficiently communicating the benefits of GE cotton through trusted channels of communication (i.e. scientists, consumer organizations, the media), particularly addressing ethical concerns, policy regulation, and how the product is useful to the consumer individually, GE cotton could become a comparative market alternative to organic, at a greater available supply. === text
author Watson, Megan Mignon
author_facet Watson, Megan Mignon
author_sort Watson, Megan Mignon
title An analysis of consumers' knowledge and perceptions in relation to genetically engineered (GE) Cotton : marketing and utility
title_short An analysis of consumers' knowledge and perceptions in relation to genetically engineered (GE) Cotton : marketing and utility
title_full An analysis of consumers' knowledge and perceptions in relation to genetically engineered (GE) Cotton : marketing and utility
title_fullStr An analysis of consumers' knowledge and perceptions in relation to genetically engineered (GE) Cotton : marketing and utility
title_full_unstemmed An analysis of consumers' knowledge and perceptions in relation to genetically engineered (GE) Cotton : marketing and utility
title_sort analysis of consumers' knowledge and perceptions in relation to genetically engineered (ge) cotton : marketing and utility
publishDate 2012
url http://hdl.handle.net/2152/ETD-UT-2011-12-4425
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