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Innovation and evolution of tourism supply chain

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  • Nadezhda Kraycheva

Abstract

Characteristics of innovation processes in tourism and significance of innovation for tourism supply chain development are discussed. Main directions of innovation activities in the field are presented. The use of contemporary information and communication technologies and their role for diminishing expenditures and increasing quality and efficiency in the creation of tourism products and management of processes in the supply chain in tourism are examined. The importance of new information and communication technologies for raising the competitiveness of logistics systems in tourism and creation of new marketing methods and distribution channels is underlined. Principles of sustainable development of tourism are treated. The importance of socially-responsible tourism for the preservation of biological resources of the planet, of national idiosyncrasy, of world historical and cultural heritage, and for the support of socio-economic development of the countries is underlined.

Suggested Citation

  • Nadezhda Kraycheva, 2015. "Innovation and evolution of tourism supply chain," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 99-114.
    • Handle: RePEc:bas:econth:y:2015:i:1:p:99-114
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    More about this item

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management

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