Abstract
A longitudinal research design was used to assess the potential internationalization benefits that may occur when hosting a music festival in a small island destination (SID). A macroeconomic analysis was used to assess these benefits. The results reveal that a music festival may make a positive economic impact and provide internationalization benefits for a small economy under the eclectic paradigm and the ownership, location, and internationalization framework. The study contributes to the understanding of music festivals as a strategic resource to enhance the competitiveness of SIDs.
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