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The research model has demonstrated convincing explanatory power and so may be employed for further studies in other contexts. Prior experience does indeed significantly moderate the two influences that perceived usefulness receives from relative advantage and compatibility, respectively. Other constructs on innovative characteristics and social influences are validated to be significant as hypothesized. The research findings reveal that all cultural dimensions demonstrate direct effect on perceived usefulness though the influence of uncertainty avoidance is found marginally significant. The resulting research model is analyzed by partial least squares (PLS)-based Structural Equation Modeling (SEM) approach. As the last antecedent to perceived usefulness, prior experience serves to bring in the time variation factor to allow level of prior experience to exert both direct and moderating effects on perceived usefulness. Besides, the normative accountability of the research model is strengthened by embracing two social influences, namely subjective norm and image. TAM is also integrated with the innovation diffusion theory (IDT) to borrow two constructs in relation to innovative characteristics, namely relative advantage and compatibility, in order to enhance the explanatory power of the proposed research model. Four cultural dimensions developed by Hofstede are included in this study, namely uncertainty avoidance, masculinity, individualism, and Confucian Dynamism (long-term orientation), to explore their influence on usage behavior through the mediation of perceived usefulness. In this vein, the technology acceptance model (TAM) is adapted, extended, and tested for its applicability cross-culturally in Hong Kong on the Octopus. Explicit cultural characteristics at individual level are tapped into here instead of applying generalization of cultural beliefs to users to more accurately reflect cultural bias. Since the present research is conducted in Hong Kong where a majority of population is Chinese ethnicity and yet is westernized in a number of aspects, assuming that users in Hong Kong are characterized by eastern or western culture is less useful. This research seeks to thoroughly analyze the Octopus from technology adoption behavior perspectives.Ĭultural impacts on adoption behavior are one of the key areas that this research posits to investigate. The Octopus in Hong Kong has provided a rare opportunity for investigating smart card-based E-payment system because of its unprecedented success. This signals the fact that researchers have not had much opportunity to critically review a smart card-based E-payment system that has gained wide support and overcome the hurdle of critical mass adoption. However, research interest focuses mostly on why a smart card-based E-payment system results in a failure or how the system could have grown into a success.

Understanding of user adoption behavior of E-payment systems that employ smart card technology becomes a research area that is of particular value and interest to both IS researchers and professionals. Smart card-based E-payment systems are receiving increasing attention as the number of implementations is witnessed on the rise globally.
