Work

Economic Competitiveness: Effects of Clustering, Innovation Strategy and the Moderating Role of Location in the Colombian Hotel Industry

Year: 2017
Type: article
Abstract: Clustering in service industries has scarcely been investigated, while there is huge evidence of a positive impact on innovation and competitiveness in the case of manufacturing industries. We address this by exploring the potential moderator effect that location externalities have on the triangular relationship between clustering, innovation and competitiveness. In this empirical study of 131 hotels located nationwide in the emerging destination of Colombia, we found a negative moderated mediation effect. The impact on competitiveness is higher when the location holds low levels of resources. We uncovered and discuss one of the reasons for explaining the heterogeneous impact of clustering on service firms.
Language: English
Open Access status: green
OpenAlex ID: W2784950791
FWCI: 0.918
Cites:
Cited by: 8
Related to: 10