Motivation for Service Sector Foreign Direct Investments in Emerging Economies: Insights from the Tourism Industry in Jamaica

2008 ◽  
Vol 97 (396) ◽  
pp. 419-437 ◽  
Author(s):  
Densil A. Williams ◽  
Derrick Deslandes
Keyword(s):  
Emerging Economies ◽  
Service Sector ◽  
Tourism Industry ◽  
Foreign Direct Investments

Investments by Emerging-Market Multinationals in Other Emerging Markets

2018 ◽  
pp. 630-656
Author(s):  
Jing Li ◽  
Daniel Shapiro
Keyword(s):  
Sustainable Development ◽  
Corporate Governance ◽  
Emerging Economies ◽  
Multinational Enterprises ◽  
Emerging Market ◽  
Institutional Development ◽  
Spillover Effects ◽  
Investment Strategy ◽  
Future Research ◽  
Foreign Direct Investments

This chapter reviews the literature on foreign direct investments among emerging economies (E-E FDI), focusing on the motivations behind E-E FDI, country-specific advantages and firm-specific advantages associated with emerging-economy multinational enterprises (EMNEs), and spillover effects of E-E FDI on host-country economic and institutional development. We identify the following topics as posing important questions for future research: EMNEs’ ability to leverage home-government resources and diplomatic connections to promote investment in other emerging economies; nonmarket strategies of EMNEs in emerging economies; ownership and corporate governance affecting investment strategy and performance of EMNEs; E-E FDI contributions to sustainable development in host countries. Future studies should also consider potential heterogeneity among EMNEs by integrating insights from institutional theory, network theory, political science, corporate governance, corporate social responsibility, and sustainable-development research.

scholarly journals Online Tourist Behaviour: An Evaluation of the Tourism Industry of India

2018 ◽  
Vol 13 (1) ◽  
pp. 19-28
Author(s):  
Bivek Dutta ◽  
Sajnani M
Keyword(s):  
Service Sector ◽  
Adult Population ◽  
Travel Behaviour ◽  
Tourism Industry ◽  
Review Of Literature ◽  
Customer Expectation ◽  
Internet Users ◽  
Tourist Behaviour ◽  
Key Aspects ◽  
Online Travel

A review of literature pertaining to online travel behaviour shows that most travel purchases in India are done online. In India, 68% of the population book flight tickets directly. India has an urban adult population of 240 million out of which 27% or 65 million go on holidays. India has 205 million internet users and 110 million Smartphone users. Online Travel bookings are expected to grow rapidly as India’s online travel penetration is expected to increase It is not only restricted to online product purchases. This paper is an attempt to discuss online tourist behaviour in the burgeoning Tourism Industry. The paper also looks into some key aspects such as the performance of the service sector, E-commerce and development of internet which are majorly responsible for developing customer expectation. It also throws light on online tourist behaviour and means of delivering a good experience to the tourists through an array of online services.

THE ROLE OF INFORMATION TECHNOLOGIES AND CORPORATE E-TRAINING FOR THE EMPLOYEES IN BULGARIAN TOURISM INDUSTRY

2020 ◽  
Author(s):  
Asya Pandzherova ◽  
Keyword(s):  
Human Resource Development ◽  
Information Technologies ◽  
Service Sector ◽  
Corporate Training ◽  
Tourism Industry ◽  
Training Process ◽  
Continuous Training ◽  
E Learning ◽  
Role Of Information

The success of the tourism industry as part of the service sector depends on the quality in a great extent, therefore qualified and motivated employees are crucial. Tourism is above all a business for the people, and the quality of the relationship between the employees in the tourism enterprise and the tourists is one of the most important components for the overall tourist experience. Education and training are key factors for the sustainable development of tourism by providing the necessary skills at all levels. Global development and mobility opportunities make it possible for tourism development to outstrip staffing levels. There is a mismatch between the existing education, the vocational training, and the real needs of the sector. At the same time, new challenges arise, and they require continuous training for employees in the sector. The main purpose of the scientific report is to investigate the role of information technologies and corporate e-learning in the Bulgarian tourism industry. Based on the bibliographic review, there was a lack of research on corporate e-learning in the field of tourism in Bulgaria as well as insufficient information on the role of information technologies as part of the training process. The study, the results of which will be presented in the report, identifies existing practices on corporate training and the application of information technologies as part of the training process among the respondents - Bulgarian tourism organizations. The study aims to identify the difference between the possibilities of available information technologies and their real application in the process of corporate training and human resource development in Bulgarian tourism.

Technological knowledge access and transfer of multinational corporations from emerging economies: a comparison study

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Feng Zhang
Keyword(s):  
Multinational Corporations ◽  
Emerging Economies ◽  
Explicit Knowledge ◽  
Technological Knowledge ◽  
Foreign Direct Investments ◽  
Industrialized Countries ◽  
Content Type ◽  
Wilcoxon Rank Sum Test ◽  
The Us ◽  
Knowledge Access

Purpose This study aims to analyze the subsequent investment success of EMNCs after their strategic asset-seeking foreign direct investments (FDIs), while internationalization trajectories of multinational corporations from emerging economies (EMNCs) have been extensively studied, Post-internationalization investment success of EMNCs is defined as extensive technological knowledge access and transfer for knowledge combination. This paper focuses on EMNC explicit knowledge access and transfer. Design/methodology/approach This study analyzes US patents granted between 2000 and 2014 to leading innovation-oriented EMNCs from China and India as well as to their key competitors from mature industrialized countries (MMNCs). Wilcoxon Rank Sum Test is used to compare the explicit technological knowledge access and transfer patterns of EMNCs and MMNCs. With MMNCs as the benchmark, the comparison allows to imply the patterns and extent of technological knowledge access and transfer of EMNCs. Findings While subsidiary reverse knowledge transfer is largely missing, EMNCs adopt a parent-centric approach in which the parent directly accesses and transfers explicit knowledge from the external environment of host locations. In doing so, EMNCs at least partially achieve the knowledge access and transfer goals of strategic asset-seeking FDIs. Originality/value This study contributes to an in-depth understanding of EMNCs by empirically testing key predictions in extant EMNC literature, namely, the strategic asset-seeking in host locations and the systematic integration of accessed knowledge and resources with home country activities. This study also pioneers the use of the US patent and citation data to empirically study EMNCs.

Facilitating collaboration and community participation in tourism development: The case of South-Eastern Nigeria

2020 ◽  
pp. 146735842096603
Author(s):  
Afamefuna Eyisi ◽  
Diane Lee ◽  
Kathryn Trees
Keyword(s):  
Focus Group ◽  
Community Participation ◽  
Emerging Economies ◽  
Tourism Development ◽  
Tourism Industry ◽  
Exploratory Research ◽  
Focus Group Discussions ◽  
Group Discussions ◽  
Southeastern Region

Collaboration and community participation are crucial for securing sustainable tourism and highlight the need to listen and respond to the broad range of stakeholders’ voices, opinions, and concerns. These concepts dominated the discourse of sustainable-responsible tourism and gave rise to collaboration theory as well as various types of community participation. Many scholars in both Western and emerging economies have employed these concepts; however, there is limited research on how they apply in the Nigerian tourism industry. Therefore, this exploratory research discusses collaboration and community participation in tourism development in Nigeria, using the Southeastern region as a case study. In this area, tourism is in the early phase of growth. The paper reports on interviews and focus group discussions used to interact with tourism stakeholders in the region (traditional rulers, men, women, and youth representatives, chief priests, security agents, and tourism officials). Results showed that while the stakeholders are willing to collaborate, challenges affecting their efforts include autocratic governance structures leading to mistrust, clash of responsibilities, inadequate funding for security, lack of tourism awareness and little respect for local culture. The paper concludes that to develop a resident-friendly tourism destination and sustain collaboration and community participation, stakeholders require education about tourism and opportunities to participate in planning.

Alpine Trekkers and Tours: economic condition and its impacts on tourism industry of Pakistan

2019 ◽  
Vol 9 (2) ◽  
pp. 1-14
Author(s):  
Syed Shaan Abbas ◽  
Muhammad Akhtar
Keyword(s):  
Learning Outcomes ◽  
Service Sector ◽  
Foreign Currency ◽  
Tourism Industry ◽  
Marketing Strategies ◽  
Content Type ◽  
Academic Level ◽  
The Government ◽  
The Masses ◽  
Trained Manpower

Learning outcomes The paper has the following learning outcomes: to understand the historical and geographical aspect of Pakistan vis-à-vis other countries of South East Asia and the world; to be able to understand the different marketing strategies of the tourism company; to gather the knowledge of many unknown facts which remain out of sight and hardly surface; to boost economy if its facts and figures are given due weight age and followed with true letter and spirit; and to give a big boost to an industry which remains mostly dormant for many decades. The ratio analysis of service sector is explained. How finances can be arranged in shortest time and generates profitability for the company is also discussed. Case overview/synopsis The study provides an overview on the following topics: lack of interest by the Government in promotion; training of tour operators and guide; and managing the expected income from this industry. This study makes the masses aware that how much potential exist in the field of tourism in Pakistan. How the tour operators find huge potential in all segments of tourism and how the big force of trained manpower can be formed and creates employment. Service sector mostly run on equity finances because of lack of collateral, how efficiently they manage the finance for the business year. It gives details of extensive marketing strategy, the huge profit margin in foreign currency and cost volume profit systems of tourism companies. Complexity academic level BBA, MBA and MS. Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes. Subject code CSS 1: Accounting and Finance.

scholarly journals Marketing-mix in tourism: modern concept in the context of sustainable tourism

2013 ◽  
pp. 326-332
Author(s):  
Igor Smyrnov ◽  
Oksana Shmatok
Keyword(s):  
Service Sector ◽  
Sustainable Tourism ◽  
Classical Model ◽  
Marketing Mix ◽  
Tourism Industry ◽  
Modern Concept ◽  
Resource Base ◽  
Innovative Model ◽  
Tourism Resource ◽  
The One

Classical model of the marketing mix (complex) 4P and its modification 6P, 7P and 4C are analysed. Attention to the peculiarities of the tourism industry within the service sector, in particular, the value and use of travel resources for creating tourist products were drawn. Proposed original innovative model of marketing mix in tourism, which, on the one hand, takes into account specific characteristics of sustainable tourism with its obligatory binding and attention to tourist resources, on the other – it is based on classic model of marketing mix. Key words: marketing mix, sustainable tourism, tourism resource base.

scholarly journals Issues, Challenges and Scope for Tourism Development in Kumaun Region of Uttarakhand

2021 ◽  
Vol 7 (6) ◽  
pp. 135-141
Author(s):  
Dr. Bhuwan Chandra Melkani and Anil Kumar
Keyword(s):  
Service Sector ◽  
Local Population ◽  
National Income ◽  
Tourism Development ◽  
Tourism Industry ◽  
Travel And Tourism ◽  
Secondary Sources ◽  
Efficient Planning ◽  
Rich Flora ◽  
A Site

Tourism industry in the modern era is emerging one of the largest service-sector industry which is contributing in many ways towards economies through generating national income as well as by creating job opportunities especially for local population and thus become an avenue of socio-economic development and cultural exchange. Travel and Tourism is not only an activity for leisure and entertainment but it is also enriching and energizing activity. Uttarakhandone of the most beautiful state in the northern belt known as ‚Devbhoomi‛ or ‘Abode of Gods’ is a site of temples and pilgrimage, endowed with salubrious climate, exotic greenery, rich flora besides its rich culture. ‚Kumaon‛one of the two region of the state Uttarakhandattracts large numbers of tourists and is becoming as one of the preferred choice of visit among travellers. Beside all this the tourism industry in the Kumaunregion is facing some issues and challenges which need to be considered to capitalize the potential of tourism in the Kumaun region. The present study tries to examine the Challenges and scope of tourism development in the Kumaun region of the Uttarakhand state, the nature of the research is qualitative and employs the secondary sources of data. The results of the study reveals that there are challenges for tourism development, but with certain improvements and proper planning the region can be developed as one of the best tourist destination because there is vast scope in new forms of tourism and which can be capitalized with proper and efficient planning and execution

scholarly journals The Influence Of Expanded Marketing on Visiting Interest to Lawata Beach in Bima, Indonesia

2021 ◽  
Vol 2 (1) ◽  
pp. 012-022
Author(s):  
Sri Ernawati Zunaidin
Keyword(s):  
Service Sector ◽  
Swot Analysis ◽  
Sampling Technique ◽  
Tourism Industry ◽  
City Government ◽  
Tourist Attractions ◽  
Tourist Destinations ◽  
Development Paradigm ◽  
Scale Data

The development paradigm in many countries is currently more oriented towards the service sector and industry, including the tourism industry. In the tourism system, the marketing strategy carried out on tourist objects is an important element in supporting the desire of tourists to visit. This study aims to determine and analyze whether expanded marketing affects the visiting decision Lawata Beach. This study uses a mix method quantitative and a qualitative. The population in this study are tourists who have visited lawata beach tourist destinations in Bima City. Sampling with purposive sampling technique, where the determination of the sample based on certain criteria that are tailored to the needs of the study. The sample in this study amounted to 100 people with the research instrument using a questionnaire with a Likert scale. Data analysis used simple linear regression, partial test with t test. To test the effect between variables using SPSS (Statistical Service Product Solutions) version 20.00 and SWOT analysis. The results of the study stated that expanded marketing had a positive and significant effect on the Visiting Decision Lawata Beach Bima City and from the results of the SWOT analysis, the Bima City government had to always develop attractive tourist attractions, making Lawata Beach an economic creative area and adding supporting facilities on the Lawata beach, facilities and infrastructure can add attractiveness and increase competitiveness with tourist objects in other areas.

Sign in / Sign up

Export Citation Format

Share Document