Tourism Entrepreneurship – Review and Future Directions

Solvoll, Sølvi; Alsos, Gry Agnete; Bulanova, Oxana

doi:10.1080/15022250.2015.1065592

Cited by 140 publications

(114 citation statements)

References 96 publications

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“…Addressing these issues, this study applies the entrepreneurial orientation (EO)-financial performance relationship from general management research (Lumpkin & Dess, 1996;Miller, 1983;Rauch, Wiklund, Lumpkin, & Frese, 2009) to rural tourism (Solvoll, Alsos, & Bulanova, 2015) and considers firm size as a contingency factor in its investigation of family firms' ability to implement entrepreneurial efforts. The study relies on data from a survey with 198 family firm owner-managers and 4 follow-up interviews (Jansen, Merchant, & van der Stede, 2009) in rural tourism regions of Western Austria.…”

Section: Introductionmentioning

confidence: 99%

Entrepreneurial behaviour, firm size and financial performance: the case of rural tourism family firms

Kallmuenzer

Peters

2017

Tourism Recreation Research

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Family firms dominate the rural tourism industry, and within these firms family related interests guide entrepreneurial behaviour. This study utilises the entrepreneurial orientation (EO)-performance relationship to investigate which kind of entrepreneurial behaviour is important in order for rural tourism family firms to perform well. Considering the moderating effect of firm size, findings based on a sample of 198 firms and 4 follow-up interviews with owner-managers show that Innovativeness and Proactiveness are relevant variables to explain performance, while Risk-Taking is not. In addition, the Proactiveness-performance effect was negatively impacted by micro firm size. Initiatives to foster firm collaboration to overcome the disadvantage of small firm size and to stimulate entrepreneurship and innovation are suggested. ARTICLE HISTORY

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Section: Introductionmentioning

confidence: 99%

Entrepreneurial behaviour, firm size and financial performance: the case of rural tourism family firms

Kallmuenzer

Peters

2017

Tourism Recreation Research

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“…Park et al (2015) observe that the definition of tourism aims to include an understanding of spatial areas, so as to determine the home region, destination region, and transit routes related to planning development. Rapid economic growth is evidence of exquisite entrepreneurship in a community and has led to the creation of more new business start-ups (Solvoll, Alsos & Bulanova, 2015). Furthermore, tourism should be looked from another perspective such as supply rather than demand (tourist).…”

Section: Figure 1 Sustainable Family Business Modelmentioning

confidence: 99%

“…Getz, Carlsen and Morrison (2004) state that over two-thirds of all tourism business firms in western countries are controlled by families, especially small and medium enterprises. Tourism is a major economy worldwide and consists of industries undergoing rapid economic development (Solvoll, Alsos & Bulanova, 2015). The type of destination is a top category for tourism researchers because the way in which dynamic tourism supply meets the demands of a particular place is one of the key concepts in tourism research (Park et al, 2015).…”

Section: Figure 1 Sustainable Family Business Modelmentioning

confidence: 99%

“…Aldrich and Cliff (2003) identify that family resources and characteristics influence an individual to create new ventures, which later become successful, hence creating suitable grounds to nurture new entrepreneurship. Solvoll, Alsos and Bulanova (2015) introduce tourism entrepreneurship as a potential research gap in both fields. Entrepreneurship is not entirely accepted as a distinctive characteristic of tourism (Solvoll, Alsos & Bulanova, 2015) and until recently there has been a lack of research in tourism entrepreneurship.…”

Section: Introduction the Emergence Of Transgenerational Entrepreneurmentioning

confidence: 99%

“…Solvoll, Alsos and Bulanova (2015) introduce tourism entrepreneurship as a potential research gap in both fields. Entrepreneurship is not entirely accepted as a distinctive characteristic of tourism (Solvoll, Alsos & Bulanova, 2015) and until recently there has been a lack of research in tourism entrepreneurship. Getz, Carlsen and Morrison (2004) started a similar research on family business and tourism development relationship, but they only discussed on the usual old family business theory in a tourism environment.…”

Section: Introduction the Emergence Of Transgenerational Entrepreneurmentioning

confidence: 99%

See 2 more Smart Citations

Critical Review on the Existence of Transgenerational Entrepreneurship in Tourism Businesses: Current Trend and Interest

Puzi¹,

Ismail

2017

PMJ

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Tourism, one of Malaysia's fastest growing economic sector, has created many business opportunities, the majority of which are family-controlled businesses. New ventures are started by founders who will eventually invite their relatives, especially as successors for their businesses. Nowadays, a successful family business is not determined by traditional methods alone such as profit, assets, or capital, but also take into account survivability or entrepreneurship transmission between generations. Unfortunately, entrepreneurship researchers have not fully embraced tourism because of the prevailing assumption that tourism is a just regular business. Both tourism and transgenerational entreprenership fields employ empirical studies to justify their idiosyncrasies but remain separate from each other. If studied together, it would lead to better understanding of both fields and would even spark the curiosity of researchers to investigate family relationships in conglomerate tourism businesses. Further research into this mixture of fields will also provide a conceptual economic model for tourism destination development bodies that will enhance and promote local community entrepreneurship.

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The impact of tourism on entrepreneurship in developing countries

Subramaniam

Masron

2021

Bus Strat Dev

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As an important factor of production, economist traditionally considers entrepreneurship as a key factor for encouraging economic growth, especially in developing countries. With tourism is one of the fastest growing economic sectors and closely linked to development of most developing countries, this study aims to examine the effect of tourism on entrepreneurship by using panel data of 56 developing countries for the period between 2010 and 2017. Using a panel data technique, namely the generalized method of moments (GMM) estimator, the results suggest that tourism play an important role in improving the level of entrepreneurship in developing countries, which are robust across different specification. Therefore, governments should aim to further develop the tourism industry to support a more sustainable entrepreneurship development in developing countries.

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Tourism Entrepreneurship – Review and Future Directions

Abstract: ABSTRACT

Cited by 140 publications

References 96 publications

Entrepreneurial behaviour, firm size and financial performance: the case of rural tourism family firms

Entrepreneurial behaviour, firm size and financial performance: the case of rural tourism family firms

Critical Review on the Existence of Transgenerational Entrepreneurship in Tourism Businesses: Current Trend and Interest

The impact of tourism on entrepreneurship in developing countries

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