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Innovation And Entrepreneurship In Tourism

Author

Listed:
  • Laura Gabriela Istudor

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

Tourism is a dynamic industry, with an important potential to stimulate entrepreneurship and social innovation by creating new jobs. In this way, it contributes to a long-run smart, sustainable and inclusive local development. This paper supports the idea that the tourism industry and mostly the cultural tourism can advance through innovative entrepreneurship, by introducing new methods of production, new delivery methods or simply new products and services that will attract customers. Since innovation involves doing things in a different and better manner, the paper’s goal is to identify the available innovative methods that can be applied to the tourism industry. Special reference is given to the cultural tourism, as part of the creative and cultural industries. The paper includes a series of statistical data regarding tourism in the European Union and an analysis of the impact on the customer experience and local economy development.

Suggested Citation

  • Laura Gabriela Istudor, 2019. "Innovation And Entrepreneurship In Tourism," Cactus - The tourism journal for research, education, culture and soul, Bucharest University of Economic Studies, vol. 1(1), pages 6-11.
  • Handle: RePEc:bum:cactus:v:1:y:2019:i:1:p:6-11
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    File URL: https://www.cactus-journal-of-tourism.ase.ro/Pdf/vol_1/Laura_Istudor.pdf
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    More about this item

    Keywords

    Tourism; cultural tourism; innovative entrepreneurship; entrepreneurship;
    All these keywords.

    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
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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