IDEAS home Printed from https://ideas.repec.org/a/sae/toueco/v24y2018i8p998-1014.html
   My bibliography  Save this article

Drivers of innovation in tourism: An econometric study

Author

Listed:
  • Sarath Divisekera

    (Victoria University, Australia)

  • Van K Nguyen

    (Victoria University, Australia)

Abstract

This article analyzes the determinants of three types of innovation output—product, process, and organizational, generated by Australian tourism firms. It examines how collaboration, human capital, information technology, funding, firm, and market characteristics impact innovation outcomes. Of the inputs, collaboration for innovation is the one with a positive impact on the three types of innovation outputs. Human capital also contributes to the innovation process. However, its impacts are strongly felt only in the generation of product and organizational innovation. Information and communication technology is vital to the implementation of operational process and organizational innovations, while funding influences the implementation of new operational processes. Of firm and market characteristics, foreign ownership, degree of competition, and firm size have significant impacts on innovation intensity among firms.

Suggested Citation

  • Sarath Divisekera & Van K Nguyen, 2018. "Drivers of innovation in tourism: An econometric study," Tourism Economics, , vol. 24(8), pages 998-1014, December.
    • Handle: RePEc:sae:toueco:v:24:y:2018:i:8:p:998-1014
    DOI: 10.1177/1354816618794708
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/1354816618794708
    Download Restriction: no
    File URL: https://libkey.io/10.1177/1354816618794708?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Hjalager, Anne-Mette, 2010. "A review of innovation research in tourism," Tourism Management, Elsevier, vol. 31(1), pages 1-12.
    2. de Mel, Suresh & McKenzie, David & Woodruff, Christopher, 2009. "Innovative Firms or Innovative Owners? Determinants of Innovation in Micro, Small, and Medium Enterprises," IZA Discussion Papers 3962, Institute of Labor Economics (IZA).
    3. Bruno Crepon & Emmanuel Duguet & Jacques Mairesse, 1998. "Research, Innovation And Productivity: An Econometric Analysis At The Firm Level," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 7(2), pages 115-158.
    4. Lutz Schneider & Jutta Gunther & Bianca Brandenburg, 2010. "Innovation and skills from a sectoral perspective: a linked employer-employee analysis," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 19(2), pages 185-202.
    5. Maria Guadalupe & Olga Kuzmina & Catherine Thomas, 2012. "Innovation and Foreign Ownership," American Economic Review, American Economic Association, vol. 102(7), pages 3594-3627, December.
    6. Sundbo, Jon & Orfila-Sintes, Francina & Sorensen, Flemming, 2007. "The innovative behaviour of tourism firms--Comparative studies of Denmark and Spain," Research Policy, Elsevier, vol. 36(1), pages 88-106, February.
    7. Jan Mattsson & Jon Sundbo & Christjan Fussing-Jensen, 2005. "Innovation Systems in Tourism: The Roles of Attractors and Scene-Takers," Industry and Innovation, Taylor & Francis Journals, vol. 12(3), pages 357-381.
    8. Hans Lööf & Jacques Mairesse & Pierre Mohnen, 2017. "CDM 20 years after," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 26(1-2), pages 1-5, February.
    9. Crepon, B. & Duguet, E. & Mairesse, J., 1998. "Research Investment, Innovation and Productivity: An Econometric Analysis at the Firm Level," Papiers d'Economie Mathématique et Applications 98.15, Université Panthéon-Sorbonne (Paris 1).
    10. Frederique Savignac, 2008. "Impact Of Financial Constraints On Innovation: What Can Be Learned From A Direct Measure?," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 17(6), pages 553-569.
    11. Pilar Tejada & Pilar Moreno, 2013. "Patterns of innovation in tourism ‘Small and Medium-size Enterprises’," The Service Industries Journal, Taylor & Francis Journals, vol. 33(7-8), pages 749-758, May.
    12. Martínez-Román, Juan A. & Tamayo, Juan A. & Gamero, Javier & Romero, José E., 2015. "Innovativeness and business performances in tourism SMEs," Annals of Tourism Research, Elsevier, vol. 54(C), pages 118-135.
    13. Martín-de Castro, Gregorio & Delgado-Verde, Miriam & Navas-López, José E. & Cruz-González, Jorge, 2013. "The moderating role of innovation culture in the relationship between knowledge assets and product innovation," Technological Forecasting and Social Change, Elsevier, vol. 80(2), pages 351-363.
    14. Nola Hewitt-Dundas, 2006. "Resource and Capability Constraints to Innovation in Small and Large Plants," Small Business Economics, Springer, vol. 26(3), pages 257-277, April.
    15. Mikaela Backman & Johan Klaesson & Özge Öner, 2017. "Innovation in the hospitality industry," Tourism Economics, , vol. 23(8), pages 1591-1614, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Paolo Figini & Mondher Sahli & Laura Vici, 2018. "Advances in tourism economics: The sixth IATE (International Association for Tourism Economics) Conference," Tourism Economics, , vol. 24(8), pages 911-914, December.
    2. Eugenia Panfiluk, 2021. "Innovativeness of Tourism Enterprises: Example of Poland," Sustainability, MDPI, vol. 13(3), pages 1-17, January.
    3. Hongwei Liu & Chenchen Gao & Henry Tsai, 2024. "Spatial spillover and determinants of tourism efficiency: A low carbon emission perspective," Tourism Economics, , vol. 30(3), pages 543-566, May.
    4. Stojcic, Nebojsa & Vojvodic, Katija & Butigan, Nikola, 2019. "Service innovations and firm performance in the hospitality industry: evidence from tourism driven economies," MPRA Paper 108648, University Library of Munich, Germany.
    5. Wei Yang & Qiuxia Chen & Yanyue Dao & Xiaoting Huang & Weifang Shao, 2022. "Ecological Civilization and High-Quality Development: Do Tourism Industry and Technological Progress Affect Ecological Economy Development?," IJERPH, MDPI, vol. 20(1), pages 1-25, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Amador Durán-Sánchez & José Álvarez-García & María de la Cruz del Río-Rama & Beatriz Rosado-Cebrián, 2019. "Science Mapping of the Knowledge Base on Tourism Innovation," Sustainability, MDPI, vol. 11(12), pages 1-17, June.
    2. Sandro Montresor, 2018. "Innovation in tourism," Tourism Economics, , vol. 24(7), pages 765-780, November.
    3. Arza, Valeria & López, Emanuel, 2021. "Obstacles affecting innovation in small and medium enterprises: Quantitative analysis of the Argentinean manufacturing sector," Research Policy, Elsevier, vol. 50(9).
    4. Isidoro Romero & Igone Porto Gómez & Jon Mikel Zabala-Iturriagagoitia, 2019. "‘Cookpetition’: Do restaurants coopete to innovate?," Tourism Economics, , vol. 25(6), pages 904-922, September.
    5. TEKAM OUMBE, Honoré & PILAG KAKEU, Charles Bertin & Miamo Wendji, Clovis, 2019. "Impact de la qualité du capital humain sur la capacité d’innovation des PME : application sur un pays en développement [Impact of quality of human capital on the innovation capacity of SMEs: applic," MPRA Paper 92380, University Library of Munich, Germany.
    6. de Jong, Jeroen P.J. & Freel, Mark, 2010. "Absorptive capacity and the reach of collaboration in high technology small firms," Research Policy, Elsevier, vol. 39(1), pages 47-54, February.
    7. Jaan Masso & Amaresh K Tiwari, 2021. "Productivity Implications Of R&D, Innovation And Capital Accumulation For Incumbents And Entrants: The Case Of Estonia," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 130, Faculty of Economics and Business Administration, University of Tartu (Estonia).
    8. V A Hajivassiliou & Frédérique Savignac & Frédérique Savignac, 2019. "Novel Approaches to Coherency Conditions in Dynamic LDV Models: Quantifying Financing Constraints and a Firm's Decision and Ability to Innovate," STICERD - Econometrics Paper Series 606, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    9. Junguo Shi & Bert M. Sadowski & Xinru Zeng & Shanshan Dou & Jie Xiong & Qiuya Song & Sihan Li, 2023. "Picking winners in strategic emerging industries using government subsidies in China: the role of market power," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-8, December.
    10. Hewitt-Dundas, Nola & Roper, Stephen, 2008. "Ireland's Innovation Performance: 1991 to 2005," Quarterly Economic Commentary: Special Articles, Economic and Social Research Institute (ESRI), vol. 2008(2-Summer), pages 46-68.
    11. JUSTIN DORAN & NOIRIN McCARTHY & MARIE O’CONNOR, 2019. "The Importance Of Internal Knowledge Generation And External Knowledge Sourcing For Sme Innovation And Performance: Evidence From Ireland," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 23(07), pages 1-30, October.
    12. Di Ubaldo, Mattia & Siedschlag, Iulia, 2017. "The impact of investment in innovation on productivity: firm-level evidence from Ireland," Papers WP571, Economic and Social Research Institute (ESRI).
    13. David B. Audretsch & Alexander S. Kritikos & Alexander Schiersch, 2020. "Microfirms and innovation in the service sector," Small Business Economics, Springer, vol. 55(4), pages 997-1018, December.
    14. Vicente Salas-Fumás & Javier Ortiz, 2019. "Innovations’ Success and Failure in the Business Cycle," Sustainability, MDPI, vol. 11(15), pages 1-22, August.
    15. Anh Ngoc Mai & Huong Van Vu & Bien Xuan Bui & Tuyen Quang Tran, 2019. "The lasting effects of innovation on firm profitability: panel evidence from a transitional economy," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 32(1), pages 3417-3436, January.
    16. Misraku Molla Ayalew & Zhang Xianzhi & Yidersal Dagnaw Dinberu & Demis Hailegebreal Hailu, 2020. "The Determinants of Firm’s Innovation in Africa," Journal of Industry, Competition and Trade, Springer, vol. 20(3), pages 527-567, September.
    17. Bogliacino, Francesco & Cardona, Sebastian Gómez, 2014. "Capabilities and investment in R&D: An analysis on European data," Structural Change and Economic Dynamics, Elsevier, vol. 31(C), pages 101-111.
    18. Edeh, Jude N. & Acedo, Francisco J., 2021. "External supports, innovation efforts and productivity: Estimation of a CDM model for small firms in developing countries," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    19. Wang, Nannan & Gong, Zheng & Xu, Zhuhuizi & Liu, Zhankun & Han, Yu, 2021. "A quantitative investigation of the technological innovation in large construction companies," Technology in Society, Elsevier, vol. 65(C).
    20. Eugenia Panfiluk, 2021. "Innovativeness of Tourism Enterprises: Example of Poland," Sustainability, MDPI, vol. 13(3), pages 1-17, January.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:toueco:v:24:y:2018:i:8:p:998-1014. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.