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Product innovation and process innovation in the hotel industry in Vietnam

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  • Nguyen Manh Thang

    (Researcher, Korea - Vietnam Incubator Park, Department of Business Planning, Can Tho, Vietnam)

Abstract

The aim of this research is to establish an integrated model which links knowledge-based green products to innovations in green processes, green product innovation, process innovations and hotel performance of Vietnam and tests this model in Vietnam. First, to assess reliability and validity measures reliability and factor analysis were used. Secondly, bivariate correlations were made to investigate bivariate relationships between variables. Third, the relations between variables have been estimated by several regressions. This study helps show the difference between product innovation and innovation in processes. In addition to sharing and accessing new knowledge streams, managers must concentrate on improving the absorption capacity of their organization in order to create innovation, in compliance with modern knowledge. Finally, for industry authorities, it is recommended.

Suggested Citation

  • Nguyen Manh Thang, "undated". "Product innovation and process innovation in the hotel industry in Vietnam," Review of Socio - Economic Perspectives 202189, Reviewsep.
    • Handle: RePEc:aly:journl:202189
    DOI: https://doi.org/10.19275/RSEP115
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    References listed on IDEAS

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    More about this item

    Keywords

    green product; green process; innovation; hotel industry; tourism;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • Z32 - Other Special Topics - - Tourism Economics - - - Tourism and Development

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