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Innovativeness and business performances in tourism SMEs

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  • Martínez-Román, Juan A.
  • Tamayo, Juan A.
  • Gamero, Javier
  • Romero, José E.

Abstract

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.

Suggested Citation

  • 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.
    • Handle: RePEc:eee:anture:v:54:y:2015:i:c:p:118-135
    DOI: 10.1016/j.annals.2015.07.004
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    2. Martínez-Román, Juan A. & Gamero,Javier & Tamayo, Juan A. & Romero, José E., 2017. "Tipología de la empresa innovadora en productos y procesos en una región periférica europea /Typology of Firms Innovating in Products and Processes in a European Peripheral Region," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 35, pages 673-696, Agosto.
    3. Zach, Florian J. & Nicolau, Juan L. & Sharma, Abhinav, 2020. "Disruptive innovation, innovation adoption and incumbent market value: The case of Airbnb," Annals of Tourism Research, Elsevier, vol. 80(C).
    4. Zaragoza-Sáez, Patrocinio & Marco-Lajara, Bartolomé & Úbeda-García, Mercedes & Manresa-Marhuenda, Encarnación, 2024. "Exploratory and co-exploratory innovation. The mediating role of digitalization on competitiveness in the hotel industry," Technological Forecasting and Social Change, Elsevier, vol. 199(C).
    5. 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.
    6. Yang Yang & Lin Guo & Zhuling Zhong & Mu Zhang, 2018. "Selection of Technological Innovation for Service-Orientated Enterprises," Sustainability, MDPI, vol. 10(11), pages 1-13, October.
    7. Rafał Kusa & Marcin Suder & Belem Barbosa & Beata Glinka & Joanna Duda, 2022. "Entrepreneurial behaviors that shape performance in small family and non-family hotels during times of crisis," International Entrepreneurship and Management Journal, Springer, vol. 18(4), pages 1545-1575, December.
    8. Yang, Zhaiting & Liu, Huiqin & Jiang, Youwei & Zhang, Zhuyun, 2023. "Innovative strategies for green economic recovery: Enhancing efficiency in resource markets," Resources Policy, Elsevier, vol. 86(PB).
    9. Sarath Divisekera & Van K Nguyen, 2018. "Drivers of innovation in tourism: An econometric study," Tourism Economics, , vol. 24(8), pages 998-1014, December.
    10. Sonia Cruz-Ros & Diana L. Guerrero-Sánchez & Maria-Jose Miquel-Romero, 2021. "Absorptive capacity and its impact on innovation and performance: findings from SEM and fsQCA," Review of Managerial Science, Springer, vol. 15(2), pages 235-249, February.
    11. 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.
    12. Eugenia Panfiluk, 2021. "Innovativeness of Tourism Enterprises: Example of Poland," Sustainability, MDPI, vol. 13(3), pages 1-17, January.
    13. Martínez-Román, Juan A. & Gamero, Javier & Tamayo, Juan A. & Delgado-González, Loreto, 2020. "Empirical analysis of organizational archetypes based on generation and adoption of knowledge and technologies," Technovation, Elsevier, vol. 96.

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