Year: 2014
Type: article
Abstract: The paper develops a framework and an understanding of the external knowledge absorption in nature-based tourism companies. The concept of potential absorptive capacity is the starting point for exploring how external knowledge (tacit and explicit) is absorbed and assimilated in tourism-innovation processes. Although knowledge is the engine that drives innovation, tourism firms can have problems and challenges when trying to absorb external knowledge for innovation. The main challenge is to access and absorb tacit knowledge. This type of knowledge is personal and sticky and therefore difficult to acquire and assimilate into the existing knowledge pool of organizations. Tacit knowledge is also difficult to imitate and is therefore important for developing original and competitive innovations. In this study, knowledge acquisition and assimilation processes and how knowledge challenges are handled are investigated by adopting a multiple, qualitative case-study strategy that focuses on three Icelandic whale-watching firms. This study contributes to the tourism-innovation discussion by identifying tourism-specific abilities for the acquisition and assimilation of knowledge. The sense-making and strategic interpretation of this knowledge are considered to be important subsequent steps in the innovation process.
Author: Hindertje Hoarau
Institution: University of Nordland
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: green
Funder: Norges Forskningsråd
OpenAlex ID: W2108524718