Journal of Strategic Innovation in Economics and Business
Vol. 2 No. 1 (2026): Journal of Strategic Innovation in Economics and Business

Hedonic Gratification Versus Risk Paranoia in the Sharing Economy: The Strategic Architecture of Generation Z Platform Retention

Zahra Zaituna Khalida (Master of Management Program, Faculty of Economics and Business, Universitas Negeri Jakarta, Indonesia)
Musawer Hakimi (Samangan University, Afghanistan)
Sheik Mohamed (S.A. College of Arts & Science, India)



Article Info

Publish Date
28 Jul 2026

Abstract

The global sharing economy faces a strategic paradox regarding user retention, particularly among Generation Z digital natives who demand immersive hedonic gratification yet simultaneously exhibit extreme risk paranoia. This study aims to structurally map the behavioral architecture of collaborative consumption by evaluating how hedonic value, perceived ease of use, and perceived risk influence behavioral intention through the mediation of consumer attitude. Employing a quantitative explanatory design, primary data was extracted from 400 Generation Z respondents in Central Java, Indonesia, and analyzed using Variance-Based Partial Least Squares Structural Equation Modeling (PLS-SEM). The empirical results demonstrate that hedonic value and perceived ease of use significantly cultivate positive attitudes, whereas perceived risk operates as a systemic cognitive destructor that substantially degrades these affirmative evaluations. Furthermore, attitude functions as the ultimate central mediator that deterministically drives sustainable collaborative consumption intentions. These findings theoretically advance the Stimulus-Organism-Response paradigm by proving that affective stimulation outpaces traditional utilitarian calculus within emerging digital markets. Strategically, this research provides a prescriptive blueprint for platform architects, compelling a managerial pivot toward digital infrastructures that simultaneously neutralize cybersecurity threats and deliver highly gamified experiences to secure long-term commercial viability.

Copyrights © 2026






Journal Info

Abbrev

SINEBIS

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Strategic Innovation in Economics and Business is a peer-reviewed forum for high-quality, original research that advances our understanding of how strategic innovation drives economic development and business performance. The journal welcomes empirical and theoretical contributions that ...