Theoretical and Applied Economics
No. 1 / 2015 (602), Spring
Creativity and innovation – Sources of competitive advantage in the value chain of tourism enterprises
Bucharest University of Economic Studies, Romania
Aurelia-Felicia STĂNCIOIU
Bucharest University of Economic Studies, Romania
Anamaria Sidonia RĂVAR
Bucharest University of Economic Studies, Romania
Andreea BOTOȘ
Bucharest University of Economic Studies, Romania
Abstract. As the highly standardized mass tourism demonstrated its incapacity to satisfy the increasingly complex needs of tourists, the necessity to develop a new approach for the production, selling and promotion of tourism products became obvious. In the current economic environment, the competitiveness of tourism operators is significantly dependent on their capacity to transform service provision into a creative process of satisfying consumers’ individual needs. Affirming creativity as an important source of competitive advantage in the tourism industry has actually led to the emergence of a new type of tourism – creative tourism – a type of tourism which suggests new products and services, new collaboration and partnership structures, new forms of organization and particularly new experiences for tourism consumers. The economic impact of creativity and innovation in tourism is significant: by integrating creativity in the various production, selling and promotion activities, an operator may influence a tourism product’s added value as well as the satisfaction that this product brings to the final consumer. With the aim of determining valid instruments to maximize the value of the tourism product, the authors conducted a qualitative research on the intensity of creativity and innovation on various levels in the value chain of cultural and balneotherapy tourism in Romania. The purpose is to study the influence and perspectives for generating and integrating creativity in the activities which build the complex process of developing tourism products.
Keywords: creativity, innovation, value chain, tourism product, cultural tourism, balneotherapy tourism.
Contents
- The credit impact on the economic growth
Daniel ARMEANU
Carmen PASCAL
Dorina POANTA
Cristina Andreea DOIA
- Predicting balance of payments crises
for some emerging economies
Archana KULKARNI
Bandi KAMAIAH
- Creativity and innovation – Sources of competitive advantage in
the value chain of tourism enterprises
Nicolae TEODORESCU
Aurelia-Felicia STĂNCIOIU
Anamaria Sidonia RĂVAR
Andreea BOTOȘ
- How to escape the middle income trap:
international evidence
from a binary dependent variable model
Can Tansel TUĞCU
- Environmental Kuznets curve. Evidence from Romania
Dorin JULA
Corina-Ionela DUMITRESCU
Ioana-Ruxandra LIE
Răzvan-Mihai DOBRESCU
- Effects of economic crisis on the distribution
of earnings from Romania
Amalia CRISTESCU
Dorel AILENEI
- An approach of social policy in terms
of macro-stabilisation function
Anca-Maria GHERMAN
George-Marian ȘTEFAN
- Economy recovery risks which Romanian companies
has to cope with
Daniela Livia TRAȘCĂ
- The measurement of fiscal behavior in some European
countries: Panel data perspective
Süleyman BOLAT
Aviral Kumar TIWARI
- Romanian municipal bond market at Bucharest Stock
Exchange: further investigations
Cornelia POP
Maria-Andrada GEORGESCU
- Inequality and economic growth:
theoretical and operational approach
Ana ANDREI
Liliana CRĂCIUN
- Measuring financial development in India:
A PCA approach
Sanjaya Kumar LENKA
- The role of rating agencies
in international financial market
Emilian-Constantin MIRICESCU
- Socioeconomic development index ranking
calculations of cities with fuzzy clustering method:
case of Turkey
Necati Alp ERİLLİ
- Fiscal transparency in the European Union
Alexandra ADAM
- Accelerating the development of learning organizations: Shifting
paradigms from current practice to human performance
improvement
John B. LAZĂR
Daniela ROBU
- Transferring business intelligence
and big data analysis from corporations
to governments as a hybrid leading indicator
Dumitru-Alexandru BODISLAV
- The impact of cultural and educational accumulations
on entrepreneurial behaviour.
Main issues encountered in theoretical approaches
Anca-Teodora ŞERBAN-OPRESCU (OPRESCU)
Ştefania-Cristina CUREA (NEAGU)
- Models for evaluating financial crisis – what went wrong
for developed and emerging economies?
Smaranda CIMPOERU
- Impact of financial crisis on the decision making process for
insurance consumers
Laura Elly NAGHI
Mihaela COVRIG
Adrian FEDEROVICI
- Beyond the implementation of a dynamic stochastic general
equilibrium model
Oana Simona HUDEA (CARAMAN)