Inherent factors of family business and transgenerational influencing tourism business in Malaysian islands

Ismail, Hairul Nizam; Puzi, Mohd Alif Mohd; Banki, Mohammed Bala; Yusoff, Nooraini

doi:10.1080/14766825.2018.1549058

Cited by 25 publications

(33 citation statements)

References 51 publications

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“…This vulnerability is usually due to shocks, such as an economic crisis, natural disasters, wars and, more recently, biological risks such as COVID-19. Over the years, transgenerational family tourism businesses that have survived, expanded and transcended into second-or third-generation ownership have gone through many hurdles (Ismail et al, 2019;Elmo et al, 2020). However, this form of resilience in this kind of industry has been due to the capability of a business to effectively and positively respond to the shocks (Farrell and Twining-Ward, 2004).…”

Section: Introductionmentioning

confidence: 99%

Innovative drivers for family business models in tourism

Arcese

Valeri

Poponi

et al. 2020

JFBM

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PurposeThe aim of this paper is to verify whether, in the tourism sector, the “family business model” is an important development opportunity and, in particular, if it is an innovation driver for this industry development. In the literature, there is no conclusive evidence of this for the tourism sector. In this context, the authors investigate personal and family needs and preferences alongside the relationship between family business model, growth and profit maximization and the development of tourism businesses through innovation drivers.Design/methodology/approachTo develop this topic, the authors conducted an extensive literature review considering the scientific papers published and contained mainly in database in the last 10 years (2010–2020) and focused the attention on the last five years. The authors ran content and structural analysis on the collected sources by main scientific databases (EBSCO, Scopus, Thomson Reuter, etc.). Based on a systematic literature review, the analysis was conducted using statistical criteria and bibliometric indicators. In detail, the authors used systematic literature review, bibliometric analysis and automatic text analysis (ATA) tools for identified lexicon analysis and strategic keywords and used statistical correlation to classify the different approaches in the literature and to outline the orientations of the various research groups.FindingsFrom this analysis, the correlation between tourism, hospitality, entrepreneurship, life cycle and innovation dynamics was analysed. Important research gaps are identified, and future research priorities are suggested. Implications for both family business and tourism theory are discussed.Originality/valueWhile the intersection between tourism management and family business model has been established in the literature, the number of related publications is still limited. Against this background, a literature review as a total analysis was an adequate and practicable research methodology. This paper proposes a comprehensive literature review and a reflection on the potential developments and applications for family business in the tourism sector. Authors also suggest several research directions that have not been adequately investigated yet. In particular, scholars do not seem to have caught all the implications of innovation adoption, especially for SMEs and family ownerships in tourism.

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Section: Introductionmentioning

confidence: 99%

Innovative drivers for family business models in tourism

Arcese

Valeri

Poponi

et al. 2020

JFBM

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“…In fact, it could be the missing link or the answer to the sustainable assembly of agricultural, gastronomic, tourist, cultural resources, and the agritourism product could be considered an innovative product, encompassing numerous fields/resources. About the household/agritourism farm it can be said that it differs from the classic agricultural farm, because it simultaneously carries out two fields of activity (agricultural and tourist) and it represents an innovation [40], a "business model", [41] at a small, family level, in most cases managed by members of the same family, in a sustainable way, and passed down from generation to generation [42], worthy of being followed by other farmers as well [43]. It is true that in rural areas businesses are born harder than in cities and die faster.…”

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confidence: 99%

Agritourism—A Business Reality of the Moment for Romanian Rural Area’s Sustainability

et al. 2021

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The agritourism activity can be a characteristic reality of the present, considering rural area’s sustainability, being at the same time a business reality for rural entrepreneurs and a “must have” for rural communities that have tourism potential. It is a form of tourism, through which the tourist can receive a qualitative product at a reasonable price, but also a field that can ensure sustainable development over time, being at the same time environmentally friendly. The purpose of this scientific paper is to identify the aspects that make agritourism “a possible business reality of the moment”, for Romanian rural area’s sustainability. We take into account the following areas: Bran-Moieciu area—considered “the oldest” in terms of agritourism experience, and Apuseni Mountains area, with a great inclination and potential for this activity. The study conducted for these two areas is focused on several aspects: the degree of involvement in agritourism activities, considering the number of years and managerial experience, the analysis of the types of activities/experiences offered by agritourism structures, the identification of the main reasons/motivations for the orientation towards agritourism and the manner in which this field is perceived. Aspects related to the marketing-finance part of the agritourism business are also taken into account: customers, distribution channels, financial sources, shortcomings observed by agritourism business owners and possible action directions so as to improve the activity/agritourism product. Agritourism may be “a possible business reality of the moment” for the studied areas and not only, but in the future, the entrepreneur/farmer must be constantly updated because of the changing situations that appear on the market, be able to make sustainable decisions for his/her own business, which in the future will ensure its viability and obviously its long-term profitability and development, and in the same time rural area’s sustainability.

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“…Long-term orientation implicit in familiness can improve survivability, social responsibility and sustainability practices. It influences the resilient factor of FB in island destinations causing sustainable development of tourism (Ismail et al, 2018); boost the attractiveness of regions promoting joint initiatives (Harms et al, 2015), as well as reduce the effects of extreme seasonality in rural spaces (Banki et al, 2016). This evidences the importance of familiness resources for tourism activity independently of geographical consideration.…”

Section: Familinessmentioning

confidence: 97%

“…In the studies reviewed, familiness has shown positive influence in sustaining business over time (Gonz alez-Mac ıas and Zizaldra-Hern andez, 2016; Ismail et al, 2018) in ecological and social responsibilities (Kallmuenzer et al, 2018;Kang et al, 2015;Harms et al, 2015;Singal, 2014;Walton, 2014) and tourist experience (Presas et al, 2011(Presas et al, , 2014.…”

Section: Literature Reviewmentioning

confidence: 99%

Family business in tourism: an international systematic review of literature with an emphasis on Latin America

López-Chávez

Maldonado-Alcudia

Núñez

2020

ARLA

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PurposeThe purpose of this study is to analyze the current state of knowledge of family businesses in tourism through a systematic review of international academic literature with an emphasis on Latin America.Design/methodology/approachThe paper opted for a systematic review involving analyzing international academic documents, articles, dissertations and papers that presented both theoretical and empirical research results. The search was conducted from January to April 2019 on online databases and search engines.FindingsStudies are concentrated in strategic planning and competitiveness. Most of them are published since 2014 by Ibero-American countries. Some features are coincident among the varied geographical contexts, as the importance of generational succession planning; search for family welfare throughout the business; and the existence of own capacities and resources. Besides, the owner's objectives and gender involvement differ in the research results of developed countries and emerging economies; some implications for Latin America are analyzed.Originality/valueThe family business has international economic relevance, especially in tourism. Still, the studies in this field are few, even when tourism implies processes and interactions that can influence the development of the companies that integrate their industry. In this way, a compilation of the recent works is carried out, in order to identify how the complex family dynamics with tourism are integrated into the studies, main contributions to the field and knowledge gaps.

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Inherent factors of family business and transgenerational influencing tourism business in Malaysian islands

Cited by 25 publications

References 51 publications

Innovative drivers for family business models in tourism

Innovative drivers for family business models in tourism

Agritourism—A Business Reality of the Moment for Romanian Rural Area’s Sustainability

Family business in tourism: an international systematic review of literature with an emphasis on Latin America

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