Please use this identifier to cite or link to this item:
http://hdl.handle.net/10397/89563
Title: | The asset-light business model and firm performance in complex and dynamic environments : the dynamic capabilities view | Authors: | Seo, K Woo, L Mun, SG Soh, J |
Issue Date: | Aug-2021 | Source: | Tourism management, Aug. 2021, v. 85, 104311 | Abstract: | Although academic research examining the effects of the asset-light business model continues to grow in the tourism and hospitality literature, the extant studies lack comprehensive theoretical foundations to develop and establish clear quantitative models of analysis. Inconsistent findings from these studies call into question the issue of their exploratory nature. Using the dynamic capabilities view, this study provides a solid conceptual framework that recognizes the asset-light business model as an industry-specific dynamic capability for lodging firms. Furthermore, this study extends recent theoretical accounts on the moderating role of environments in the dynamic capabilities-performance relationship by focusing on the service-oriented and cyclical nature of the tourism and hospitality industry. Incorporating industry-specific performance measures, the current study suggests an alternative approach to the analysis of performance of a lodging firm. The findings also provide important implications to help lodging owners, managers, and investors to strategically cope with complex and dynamic environments. | Keywords: | Asset-Light business model Dynamic capabilities Environments Lodging Performance |
Publisher: | Pergamon Press | Journal: | Tourism management | ISSN: | 0261-5177 | EISSN: | 1879-3193 | DOI: | 10.1016/j.tourman.2021.104311 |
Appears in Collections: | Journal/Magazine Article |
Show full item record
Page views
106
Last Week
1
1
Last month
Citations as of Apr 28, 2024
SCOPUSTM
Citations
35
Citations as of Apr 26, 2024
WEB OF SCIENCETM
Citations
29
Citations as of May 2, 2024
Google ScholarTM
Check
Altmetric
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.