Innovativeness and business performances in tourism SMEs

Research on innovation in the tourism industry has gained relevance, and in recent years knowledge of this complex phenomenon has increased. The article proposes a two-stage interactive model based on innovative capability, environment and other contextual factors of firms, in order to explain first...

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Bibliographic Details
Authors: Martínez Román, Juan Antonio, Tamayo Gallego, Juan Aurelio, Gamero Rojas, Francisco Javier, Romero García, José Enrique
Format: article
Status:Versión aceptada para publicación
Publication Date:2015
Country:España
Institution:Universidad de Sevilla (US)
Repository:idUS. Depósito de Investigación de la Universidad de Sevilla
OAI Identifier:oai:idus.us.es:11441/177130
Online Access:https://hdl.handle.net/11441/177130
https://doi.org/10.1016/j.annals.2015.07.004
Access Level:Open access
Keyword:Tourism industry
Innovative firm
Innovativeness
Profitability
Description
Summary:Research on innovation in the tourism industry has gained relevance, and in recent years knowledge of this complex phenomenon has increased. The article proposes a two-stage interactive model based on innovative capability, environment and other contextual factors of firms, in order to explain first, the innovative outcomes in products and processes and, subsequently, the influence of these outcomes on the profitability of SMEs in the Andalusian hospitality industry. The model has undergone various hypothesis tests, thus demonstrating its validity, the importance of the main explanatory variables and the existence of a positive linear relationship between innovative outcomes in products and processes, and business profitability.