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Business Clusters Formation as a Means of Improving Competitiveness in the Tourism Sector

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  • Dimitris Lagos
  • Panayiotis G. Courtis

Abstract

Business Clusters became foreground of economic thought in the 90s due to Michael Porter’s research work, who argued that the most successful export companies belong to group of enterprises of the same industry that are geographically close to one another. This issue became even more acute because of the globalisation of the economy and the need to plan and implement policies aiming mainly at strengthening the competitiveness of small and medium sized enterprises. Tourism, as an economic activity, includes a wide range of small and medium enterprises engaging in various sectors of it. It is argued that business clusters within the field of tourism economics define de facto the competitiveness of a tourist destination. Business clusters of small and medium enterprises which operate in a tourism destination are a prerequisite contributing to its competitiveness. Especially in Greece, it is alleged that clusters can maximise the abilities offered by technology, new markets and other external factors and contribute to the strengthening of competitiveness in the tourism industry.

Suggested Citation

  • Dimitris Lagos & Panayiotis G. Courtis, 2008. "Business Clusters Formation as a Means of Improving Competitiveness in the Tourism Sector," European Research Studies Journal, European Research Studies Journal, vol. 0(1-2), pages 111-111.
    • Handle: RePEc:ers:journl:v:xi:y:2008:i:1-2:p:111-
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    References listed on IDEAS

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    1. Dimitris G. Lagos & Panayiotis G. Curtis, 2004. "An Integrated Total Quality Strategy To Endogenous Tourism Development," European Research Studies Journal, European Research Studies Journal, vol. 0(3-4), pages 17-28.
    2. Masahiko Aoki & Hirokazu Takizuwa, 2013. "Information, Incentives, and Option Value: The Silicon Valley Model," Chapters, in: Comparative Institutional Analysis, chapter 7, pages 72-104, Edward Elgar Publishing.
    3. Diana-Mihaela Pociovalisteanu Lecturer Ph. D., 2006. "Contribution of the Liberal Economical Thinking to the Industrial Development of Romania (1859-1918)," European Research Studies Journal, European Research Studies Journal, vol. 0(3-4), pages 91-100.
    4. Audretsch, David B, 1998. "Agglomeration and the Location of Innovative Activity," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 14(2), pages 18-29, Summer.
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    Cited by:

    1. Panayiotis Curtis & Michael Hanias & Eleftherios Kourtis & Michael Kourtis, 2021. "Financial Performance Assessment οf Strategy for Building Resilience and Readiness in the Hotel Sector of Greece," International Journal of Finance, Insurance and Risk Management, International Journal of Finance, Insurance and Risk Management, vol. 11(2), pages 3-27.
    2. Wieslawa Lizinska & Miroslaw Gornowicz & Tomasz Wierzejski, 2020. "International Competitive Position of the Polish Selected Food Markets," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 1355-1370.
    3. Dominika Kuberska & Mariola Grzybowska-Brzezinska, 2020. "Transformation of the Organic Food Market in Poland Using Concentration and Dispersion," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 617-638.
    4. Sedat Göçen & Mesut Albeni & Şevket Yirik & Hakan Yildiz & Mesut Akdere, 2017. "Competition, market structure and market power within the hotel-supplier sector in Antalya, Turkey," Tourism Economics, , vol. 23(3), pages 647-668, May.

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