Using innovation and entrepreneurship for creating edge in service firms: A review research of tourism and hospitality industry

This paper aims to inform policy and research in the domain of tourism and hospitality on the role of innovation and entrepreneurship. The paper applies the review research methodology to collate, comprehend, and synthesise 139 papers selected through a standard procedure. Our findings show that inn...

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Main Authors: Gagan Deep Sharma, Babak Taheri, Dariusz Cichon, Jaya Singh Parihar, Aeshna Kharbanda
Format: Article
Language:English
Published: Elsevier 2024-10-01
Series:Journal of Innovation & Knowledge
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2444569X24001112
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author Gagan Deep Sharma
Babak Taheri
Dariusz Cichon
Jaya Singh Parihar
Aeshna Kharbanda
author_facet Gagan Deep Sharma
Babak Taheri
Dariusz Cichon
Jaya Singh Parihar
Aeshna Kharbanda
author_sort Gagan Deep Sharma
collection DOAJ
description This paper aims to inform policy and research in the domain of tourism and hospitality on the role of innovation and entrepreneurship. The paper applies the review research methodology to collate, comprehend, and synthesise 139 papers selected through a standard procedure. Our findings show that innovation drives growth and value in new tourism and hospitality firms. The study examines external factors, particularly government policies, influencing industry stakeholders’ entrepreneurial orientation and the macroeconomic environment affecting entrepreneurial activities. It also highlights the importance of social entrepreneurship in industry innovation and sustainability. This article emphasises the importance of innovation and entrepreneurship in tourism and hospitality growth, value creation, and social and environmental issues.
format Article
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issn 2444-569X
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publishDate 2024-10-01
publisher Elsevier
record_format Article
series Journal of Innovation & Knowledge
spelling doaj-art-1faf073b330e4aad9df2d530788f1d2a2025-08-20T02:21:07ZengElsevierJournal of Innovation & Knowledge2444-569X2024-10-019410057210.1016/j.jik.2024.100572Using innovation and entrepreneurship for creating edge in service firms: A review research of tourism and hospitality industryGagan Deep Sharma0Babak Taheri1Dariusz Cichon2Jaya Singh Parihar3Aeshna Kharbanda4Centre of International Programmes, Széchenyi István University, Győr, Hungary; University School of Management Studies, Guru Gobind Singh Indraprastha University, Sector 16C, Dwarka, New Delhi, India; Corresponding author.Department of Hospitality, Hotel Management & Tourism, Texas A&M University, USADepartment of Business Management, AGH University of Krakow, PolandCentre of Excellence in Disaster Management, Guru Gobind Singh Indraprastha University, Sector 16C, Dwarka, New Delhi, IndiaUniversity School of Management Studies, Guru Gobind Singh Indraprastha University, Sector 16C, Dwarka, New Delhi, IndiaThis paper aims to inform policy and research in the domain of tourism and hospitality on the role of innovation and entrepreneurship. The paper applies the review research methodology to collate, comprehend, and synthesise 139 papers selected through a standard procedure. Our findings show that innovation drives growth and value in new tourism and hospitality firms. The study examines external factors, particularly government policies, influencing industry stakeholders’ entrepreneurial orientation and the macroeconomic environment affecting entrepreneurial activities. It also highlights the importance of social entrepreneurship in industry innovation and sustainability. This article emphasises the importance of innovation and entrepreneurship in tourism and hospitality growth, value creation, and social and environmental issues.http://www.sciencedirect.com/science/article/pii/S2444569X24001112D83L26L83O31Q01Q56
spellingShingle Gagan Deep Sharma
Babak Taheri
Dariusz Cichon
Jaya Singh Parihar
Aeshna Kharbanda
Using innovation and entrepreneurship for creating edge in service firms: A review research of tourism and hospitality industry
Journal of Innovation & Knowledge
D83
L26
L83
O31
Q01
Q56
title Using innovation and entrepreneurship for creating edge in service firms: A review research of tourism and hospitality industry
title_full Using innovation and entrepreneurship for creating edge in service firms: A review research of tourism and hospitality industry
title_fullStr Using innovation and entrepreneurship for creating edge in service firms: A review research of tourism and hospitality industry
title_full_unstemmed Using innovation and entrepreneurship for creating edge in service firms: A review research of tourism and hospitality industry
title_short Using innovation and entrepreneurship for creating edge in service firms: A review research of tourism and hospitality industry
title_sort using innovation and entrepreneurship for creating edge in service firms a review research of tourism and hospitality industry
topic D83
L26
L83
O31
Q01
Q56
url http://www.sciencedirect.com/science/article/pii/S2444569X24001112
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