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Title: WILLINGNESS TO PAY FOR NANOTECHNOLOGY PRODUCTS: THE CZECH REPUBLIC EXPERIENCE
WILLINGNESS TO PAY FOR NANOTECHNOLOGY PRODUCTS: THE CZECH REPUBLIC EXPERIENCE

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Jarmila Zimmermannova; Simona Dobesova Cakirpaloglu; Tereza Schovankova; Ondrej Machaczka; Ondrej Holy
10.5593/sgem2024v/6.2/s23.06
10.5593/sgem2024v/6.2
1314-2704
978-619-7603-78-1
English
24
6.2
•    Prof. DSc. Oleksandr Trofymchuk, UKRAINE 
•    Prof. Dr. hab. oec. Baiba Rivza, LATVIA
Micro and Nano Technologies for Sustainable Development
The current development of nanotechnology responds to climate change, sustainability issues, the energy crisis, and the need to improve the quality of life. The question, however, is what are the societal impacts and public acceptance of nanotechnology? To explore this, a pilot cross-sectional study was conducted in the Czech Republic.
The main objective of this study is to discuss consumers' willingness to pay for products containing nanotechnology. A sub-objective is to present the results of a pilot cross-sectional study on willingness to pay for nanotechnology products in the Czech Republic. The methods of literature review, questionnaire survey and subsequent statistical evaluation are used. The number of respondents in the pilot cross-sectional study is 216. Respondents commented on 2 groups of products: 1) products containing nanotechnology, identical to conventional products, and 2) products containing nanotechnology with improved properties and/or design.
The findings reveal that people's willingness to pay for nanotechnology products varies, largely depending on their knowledge of nanomaterials, education, and income. Importantly, respondents showed a higher willingness to pay for products with nanotech- enhanced performance or design. Educating the public and raising awareness about the benefits of nanotechnology could be crucial steps in increasing its societal acceptance and promoting its role in addressing global challenges.
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[8] Krajnak, M., Cigarette taxation and consumption in the Czech Republic. Have these factors influenced tax revenue?, Financial Internet Quarterly, 2024, 20(3), pp 103-113. DOI: 10.2478/fiqf-2024-0022
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The work was supported from ERDF/ESF project TECHSCALE (No. CZ.02.01.01/00/22_008/0004587).
conference
https://doi.org/10.5593/sgem2024v/6.2/s23.06
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Proceedings of 24th International Multidisciplinary Scientific GeoConference SGEM 2024
24th International Multidisciplinary Scientific GeoConference SGEM 2024, 27 - 30 November, 2024
Proceedings Paper
STEF92 Technology
International Multidisciplinary Scientific GeoConference Surveying Geology and Mining Ecology Management, SGEM
SWS Scholarly Society; Acad Sci Czech Republ; Latvian Acad Sci; Polish Acad Sci; Russian Acad Sci; Serbian Acad Sci and Arts; Natl Acad Sci Ukraine; Natl Acad Sci Armenia; Sci Council Japan; European Acad Sci, Arts and Letters; Acad Fine Arts Zagreb Croatia; Croatian Acad Sci and Arts; Acad Sci Moldova; Montenegrin Acad Sci and Arts; Georgian Acad Sci; Acad Fine Arts and Design Bratislava; Russian Acad Arts; Turkish Acad Sci.
43-50
27 - 30 November, 2024
website
10158
Nanotechnology; Willingness to Pay; Sustainability; Consumers; Czech Republic

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