Sustainable tourism entrepreneurship in protected areas. A real options assessment of alternative management options

Chousa, Juan Piñeiro; López‐Cabarcos, M. Ángeles; Castro, Noelia Romero; Vázquez-Rodríguez, Paula

doi:10.1080/08985626.2021.1872937

Cited by 17 publications

(16 citation statements)

References 98 publications

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“…Entrepreneurship in general and tourism enterprises in particular are frequently viewed as a necessary evil in protected areas (Swanson & DeVereaux, 2017; Whitelaw et al, 2014). These enterprises provide funds and activities that facilitate both conservation and economic prosperity of the protected area, if carried out sustainably (Piñeiro‐Chousa et al, 2021). Although there are many policy studies on sustainable management of protected areas for sustainable development (Dedeke, 2017), the individual approaches, and supporting processes, used by sustainable entrepreneurs to implement sustainable entrepreneurship in this context have received less attention.…”

Section: Literaturementioning

confidence: 99%

“…Protected areas are internationally recognised sites for the conservation of nature and protection of cultural heritage. These areas are often inhabited and face complex ecological challenges such as invading species, pollution and the effects of climate change (Mackey et al, 2008); social challenges such as emigration (Salerno et al, 2013); and economic challenges such as decline of traditional industries, resulting in unemployment and poverty (Piñeiro‐Chousa et al, 2021), concurrently. Thus, sustainable development is important for the continued viability of these areas.…”

Section: Introductionmentioning

confidence: 99%

“…However, a majority of previous studies are generalised with regard to these challenges and do not explicitly examine the influence of existing socioecological contexts on barriers for sustainable entrepreneurship (Muñoz & Cohen, 2017). Sustainable entrepreneurs who engage in protected area economic development (Piñeiro‐Chousa et al, 2021), nature conservation (Job et al, 2017) and community development (de Lange & Dodds, 2017) simultaneously are likely to face barriers for establishing and growing their enterprises (Caldera et al, 2019). Protected areas avail a fragile socioecological context in which to study barriers for sustainable entrepreneurship and context specific approaches to overcome them.…”

Section: Introductionmentioning

confidence: 99%

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Sustainable entrepreneurship and legitimacy building in protected areas: Overcoming distinctive barriers through activism

2022

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Sustainable entrepreneurs operating in protected areas face distinctive barriers that place additional emphasis on the need to build legitimacy. To date, how they do this has not been entirely explored. This paper addresses this need through an exploratory study of sustainable entrepreneurs in a transnational protected area. The results indicate that sustainable entrepreneurs in protected areas face barriers that can be broadly classified as cognition spanning, locale and sector-related barriers.The findings highlight that a key way sustainable entrepreneurs overcome these distinctive barriers is by building legitimacy through activism. Activism became instrumental in building legitimacy with varied stakeholders and actors. This is all geared towards overcoming barriers during the sustainable entrepreneurship process. The findings add to existing literature on the role of legitimacy building in sustainable entrepreneurship by detailing the different forms of legitimacy and how they are built through activism. The paper concludes with propositions about the conditions necessary for sustainable entrepreneurs to build legitimacy in fragile socioecological contexts through activism.

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Section: Literaturementioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Sustainable entrepreneurship and legitimacy building in protected areas: Overcoming distinctive barriers through activism

2022

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“…The concept of carrying capacity is a term widely used in the study of ecology, tourism, or sustainable use of resources [50][51][52][53], trying to approximate the maximum number of visitors that can use an area without significant alterations to the conservation status of the vulnerable elements or to the quality of the visitor experience. Traditional management approaches based on the strict application of the carrying capacity principle are suboptimal, so an adaptive management framework has been demanded, but it has been scarcely explored [54].…”

Section: Actual Challenges and Strategies For Biodiversity Conservationmentioning

confidence: 99%

Galician Atlantic Islands National Park: Challenges for the Conservation and Management of a Maritime-Terrestrial Protected Area

Costa¹,

Rego²,

Guitián³

et al. 2022

Protected Area Management - Recent Advances

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At present, biodiversity conservation and management in Spanish National Parks in Spain must respond to a series of regulations at a European, national and regional level, also adapting to scientific-technical progress. The availability of increasingly precise data on the values to be conserved (ecosystems, habitats, species, geodiversity) in these protected areas enables more detailed management, but also requires more rigorous, powerful, and multidisciplinary tools. Maritime-terrestrial national parks are highly sensitive areas to public use, so their impact must be one of the most important factors to take into account when planning their management. This work evaluates the past and present challenges for conservation in Galician Atlantic Islands National Park (NW Spain), where biodiversity conservation and management has evolved over time in a significant way, providing a valid case study applicable to other national parks worldwide, as well as similar situations in other contexts and scenarios. Future challenges are arising in the National Park to improve the conservation status of natural habitats and wildlife, mainly through new European initiatives that may establish important synergies with other countries.

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“…Thus, scholars distinguish between the RO valuation, which applies formal models to estimate RO value, and RO reasoning, which identifies RO value conceptually, applying logic and heuristics (Trigeorgis & Reuer, 2017). Real option theory is applied to many practical decision situations in many industries, such as construction (Ribeiro et al, 2020), energy (Gupta & Mosiño, 2020), finance (Méndez-Suárez & Crespo-Tejero, 2021), healthcare (Gunter McGrath and Nerkar, 2004) or tourism (Piñeiro-Chousa et al, 2021), and many more. Also, risky endeavors, such as internationalization, can be subject to real option argumentation (Belderbos et al, 2020;Hunt et al, 2021;Ioulianou et al, 2021).…”

Section: Background and Past Reviewsmentioning

confidence: 99%

Tackling uncertain future scenarios with real options: A review and research framework

Gorupec

Brehmer

Tiberius

et al. 2022

The Irish Journal of Management

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Real options are widely applied in strategic and operational decision-making, allowing for managerial flexibility in uncertain contexts. Increased scholarly interest has led to an extensive but fragmented research landscape. We aim to measure and systematize the research field quantitatively. To achieve this goal, we conduct bibliometric performance analyses and bibliographic coupling analyses with an in-depth content review. The results of the performance analyses show an increasing interest in real options since the beginning of the 2000s and identify the most influential journals and authors. The science mappings reveal six and seven research clusters over the last two decades. Based on an in-depth analysis of their themes, we develop a research framework comprising antecedents, application areas, internal and external contingencies, and uncertainty resolution through real option valuation or reasoning. We identify several gaps in that framework, which we propose to tackle in future research.

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Sustainable tourism entrepreneurship in protected areas. A real options assessment of alternative management options

Cited by 17 publications

References 98 publications

Sustainable entrepreneurship and legitimacy building in protected areas: Overcoming distinctive barriers through activism

Sustainable entrepreneurship and legitimacy building in protected areas: Overcoming distinctive barriers through activism

Galician Atlantic Islands National Park: Challenges for the Conservation and Management of a Maritime-Terrestrial Protected Area

Tackling uncertain future scenarios with real options: A review and research framework

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