Abstract
The sources of innovation in services, and especially in tourism services, are usually external to companies. To what extent do open innovation practices within cultural tourism content enterprises contribute to firm performance? Based on an online survey of employees of enterprises engaged in innovative cultural tourism in South Korea, our study examines the contributions of three open innovation activities (innovation capability, information search and external cooperation activity) on both internal and external non-financial performance. Additionally, the impact of internal performance on external performance is analysed. Findings contribute to understanding open innovation adoption and developing additional products containing creative content that can satisfy customers and generate revenue in the cultural tourism industry.
| Original language | English |
|---|---|
| Pages (from-to) | 1340-1344 |
| Number of pages | 5 |
| Journal | Current Issues in Tourism |
| Volume | 24 |
| Issue number | 10 |
| DOIs | |
| Publication status | Published - 2021 |
Bibliographical note
Publisher Copyright:© 2020 Informa UK Limited, trading as Taylor & Francis Group.
Keywords
- Open innovation
- South Korea
- cultural content industry
- non-financial performance
- tourism