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The Role of Innovation Activities in Tourism and Regional Growth in Europe

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  • Korres, George M.

Abstract

Tourism plays a crucial role for national economies throughout the world. In Europe, international tourism receipts were almost three times higher in the late 1990s than they were in the late 1980s. Tourism has great potential as regards contributing to the achievements of several major EU objectives, such as economic growth, employment, sustainable development and economic and social cohesion. The importance of innovation was long underestimated in service and tourism activities. Successful innovation, as for instance innovation that is also profitable to the tourism firm in a competitive market, must increase the value of the whole tourism product. The production and the dissemination of new technologies has been the subject of much research. This paper illustrates why technological innovation is considered as a major force in tourism industry. It also attempts to analyze the impact of technological innovation and the implications on regional growth of member states.

Suggested Citation

  • Korres, George M., 2007. "The Role of Innovation Activities in Tourism and Regional Growth in Europe," MPRA Paper 25380, University Library of Munich, Germany, revised 23 Jun 2007.
  • Handle: RePEc:pra:mprapa:25380
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    File URL: https://mpra.ub.uni-muenchen.de/25380/1/MPRA_paper_25380.pdf
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    References listed on IDEAS

    as
    1. Enrico Santarelli, 1998. "Start-up size and post-entry performance: the case of tourism services in Italy," Applied Economics, Taylor & Francis Journals, vol. 30(2), pages 157-163, February.
    2. Abernathy, William J. & Clark, Kim B., 1985. "Innovation: Mapping the winds of creative destruction," Research Policy, Elsevier, vol. 14(1), pages 3-22, February.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Tourism; innovation activities; competitiveness; regional growth;

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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