<i>Research Note:</i> Environmental Innovation as a Competitiveness Factor in the Balearic Islands

Jacob, Marta; Florido, Carmen; Aguiló, Eugeni

doi:10.5367/000000010792278365

Cited by 33 publications

(29 citation statements)

References 21 publications

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“…With this objective, the destination manager provides a subsidy (g) to those hotels that undertake green management. 11 For instance, the local government in the Balearic Islands provides financial incentives to tourism firms for the adoption of environmental innovations (Jacob et al 2010). Second, the quantity of the destination's accommodation units sold by the TO (that is, N) is assumed to be constant through time.…”

Section: Environmental Managementmentioning

confidence: 99%

The Greening Role of Tour Operators

Lozano

Arbulú

Rey‐Maquieira

2015

Environmental Management

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This paper shows that the tour operators (TOs) can play a coordinating role in the adoption of environmental management upstream the tourism supply chain. This is done using a dynamic model to analyze the environmental management adoption by hotels in a tourism destination induced by a TO. The TO can create incentives to greening hotels' management through the sharing of an environmental price premium. We show that the extent of green management adoption depends on interest rate, the willingness to pay for environmental quality, and hotels' organizational inertia. We also show how the financial yields from green management are shared between TOs and hotels. Finally, we consider a destination manager that subsidizes hotels' green management. If the destination manager does not take the greening role of TOs into account, she could mistake the true trade-off that she faces between the destination's economic and environmental outcomes for the win-win setting that characterizes the general problem.

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Section: Environmental Managementmentioning

confidence: 99%

The Greening Role of Tour Operators

Lozano

Arbulú

Rey‐Maquieira

2015

Environmental Management

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“…According to Hjalager (2010), the analysis of innovation in tourism helps understand its economic dynamics and, in this regard, several authors have studied different facets of hotel innovation: Jacob et al (2010) examine environmental innovation as a competitiveness factor, Pulido et al (2011) identify the critical external factors that influence innovation, González and León (2001) describe the determinant factors of environmental innovations, Hashim et al (2010) In general terms, four problems affects innovation management and its current practice ( Van de Ven, 1986): the human problem of managing attention, the process problem of managing ideas into good currency, the structural problem of managing part-whole relationship, and the strategic problem of institutional leadership.…”

Section: Innovation In the Hotel Industrymentioning

confidence: 99%

The effect of innovation on hotel market value

Nicolau

Santa-María

2013

International Journal of Hospitality Management

161

100

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The purpose of this article is to analyze the effect of hotel innovations on firm value.Specifically, this study fills a research gap in the previous literature by examining this effect through market value and by distinguishing the potential different impact of distinct innovation types: product, process, organization and marketing. This research contributes to consolidating the empirical evidence of hotel innovation and performance, by analyzing whether distinct types of innovation lead to different levels of results. The findings show that innovations are perceived to have a positive impact on the future sales of the company: in a four-day period (0,+3), there is an increase in returns of 1.53%, which is equivalent to annual returns of 300%. In terms of innovation types, process and marketing innovations are found to have a higher positive effect on hotel market value than product and organization innovations; which is explained by the potential cost differences among innovations.

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“…Nevertheless, tourism firms and destinations operate in a competitive demand-driven sector: firms' and destinations' competitiveness depends on their innovativeness in achieving lower costs, higher quality outputs and new products and services (Sundbo et al, 2007;Jacob et al, 2010). Thus, the innovativeness of tourism sector has gained an increasing amount of attention from academics in the very recent years [for an extensive overview on the subject see Hjalager (2010)].…”

Section: Innovation Rural Development and Tourism Attractionsmentioning

confidence: 99%

ICT Innovation and Local Economy: Mobile Game as a Tourist Attraction

Makkonen

Hokkanen

2013

Scandinavian Journal of Hospitality and Tourism

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Innovations are considered crucial in boosting the growth of regions. Similarly, tourism is an important regional development tool especially in areas with no industrial potential.Research on tourism innovation has been scarce until the very recent years and the local economic impacts of innovation in tourism studies remain unexplored. This study addresses the innovative ICT application, a mobile game, and its significance as a tourist attraction in Pielinen Museum in Lieksa, a peripheral town in Eastern Finland. Pielinen Museum has a substantial effect on Lieksa municipality economy and the average visitor expenditure is substantially higher than expected based on previous studies on other local attractions. We conclude, however, the game is not known by general public to attract visitors. From museum's point of view the innovation will not have extensive influence as a standalone, one time effort. It needs better integration into museum's general public image and continuous support and updating for both contents and technique. Extensive networking with existing regional visitor attractions for increasing the publicity without excessive costs is highly advisable.

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Research Note: Environmental Innovation as a Competitiveness Factor in the Balearic Islands

Cited by 33 publications

References 21 publications

The Greening Role of Tour Operators

The Greening Role of Tour Operators

The effect of innovation on hotel market value

ICT Innovation and Local Economy: Mobile Game as a Tourist Attraction

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