2017

Innovation in the Hospitality Industry: Firm or Location?

Reprint No. 2017:62

Author(s): Mikaela Backman, Johan Klaesson and Özge ÖnerYear: 2017 Title: Tourism Economics Volume (No.): 23 (8) Pages: 1591–1614
Online article (restrictions may apply)


The hospitality industry is a rapidly growing revenue generator in many countries and is becoming economically important for generating employment and for integrating of immigrants into the labor market. As an industry where firms face fierce competition, it is important for the firms to maintain their competitiveness by distinguishing themselves from others through continuous improvements and innovations. In this article, we investigate the determinants of innovation in the hospitality industry by analyzing survey data gathered from over 900 firms in Sweden. In the analysis, we differentiate between firm-specific and location-specific features. We conclude that the most important characteristics that explain innovation lie within the firm itself, not the location. These results provide important insights regarding firm- versus location-placed innovation policies.


Reference:
Backman, Mikaela, Johan Klaesson and Özge Öner (2017), "Innovation in the Hospitality Industry: Firm or Location?". Tourism Economics 23(8), 1591–1614.

Özge Öner

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Ph: +46 8 665 4519
ozge.oner@ifn.se

Johan Klaesson

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Mob: 0722 49 29 09
johan.klaesson@ju.se

An Agenda for Europe

Institutional Reform for Innovation and Entrepreneurship

Omslag 2017 Institutional Reform for Innovation and Entrepreneurship.jpg

The authors of this book, Niklas Elert, Magnus Henrekson and Mikael Stenkula, advise the economies of the European Union to become more entrepreneurial in promoting innovation and economic growth. The authors propose a reform strategy with respect to several aspects to achieve this goal.

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