Abstract
Small and medium-sized tourism enterprises (SMTEs) face the challenges of renewing business models to maintain competitiveness in the global economy. SMTE networking and product innovations are typical responses to these challenges. SMTE innovation processes and networking dynamics were analysed in the Saimaa Holiday network in the Savonlinna region of Finland. The Finnish Nationally Networked Centre of Expertise for Tourism (CET) networking model was used for the analysis. It was confirmed that innovation in SMTE networks was a synthetic process consisting of product, process and resource innovation. The network and its links to the university increased innovation potential and creativity in product innovation. Problem areas included business process development and ICT utilization.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: The International Journal of Entrepreneurship and Innovation
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.