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Establishing Local Wisdom Values to Develop Sustainable Competitiveness Excellence

Author

Listed:
  • Tjokorda Gde Raka Sukawati

    (Faculty of Economy and Business, Udayana University, Indonesia)

Abstract

"Objective � This research aimed to dig into local wisdom, values that grew and thrived amongst Balinese as well as its application in the tourism sector, particularly tourism marketing. The area scope of this research was Ubud and its surrounding area. Methodology/Technique � This research used ethnographic studies to describe and interpret the culture, social group or system. Even though the cultural meaning was very extensive, the ethnographic studies only focused on the patterns of activity, language, beliefs, rituals, and ways of life (Sukmadinata, 2006). Findings � The results showed that the values of society local wisdom had always accompanied the development of the Ubud area since the inception of civilization to become an international tourist area. These local wisdom values were the competitiveness excellence factors that were unique and difficult to imitate. As the result of the consistent application of local wisdom values, the tourism sector in Ubud could be sustained until today. Theoretically, this research had been able to uncover that the modern marketing concepts had existed on the values and practices of local wisdom implementation. Novelty � The model of developing competitiveness by implementing local culture became the further development of model stated by Barney and Clarke (2007) and Vorhies et al. (2009)."

Suggested Citation

  • Tjokorda Gde Raka Sukawati, 2017. "Establishing Local Wisdom Values to Develop Sustainable Competitiveness Excellence," GATR Journals jmmr154, Global Academy of Training and Research (GATR) Enterprise.
  • Handle: RePEc:gtr:gatrjs:jmmr154
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    References listed on IDEAS

    as
    1. Zhou, Kevin Zheng & Li, Caroline Bingxin, 2010. "How strategic orientations influence the building of dynamic capability in emerging economies," Journal of Business Research, Elsevier, vol. 63(3), pages 224-231, March.
    2. Maurizio Zollo & Sidney G. Winter, 2002. "Deliberate Learning and the Evolution of Dynamic Capabilities," Organization Science, INFORMS, vol. 13(3), pages 339-351, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Local Wisdom Values; Competitiveness; Sustainable; Ethnography; Ubud; Bali.;
    All these keywords.

    JEL classification:

    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing

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