Work

Does the accumulation of creative capital influence the competitiveness of the tourism sector in European regions?

Year: 2024

Type: article

Abstract: Recently, more countries have implemented policies aimed at enhancing the synergy between two strategic sectors: tourism and the creative industries. This article assesses this relationship for a sample of European regions (171 regions). Our main contribution lies in assessing how the accumulation of resources linked to the cultural and creative sectors helps to maximize tourism competitiveness—measured by means of an efficiency model. From a methodological point of view, we apply a two-stage model. First, we construct a tourism efficiency indicator and five synthetic indicators of creativity by means of data envelopment analysis. Secondly, we test the influence of the accumulation of creative industries on regions’ tourism competitiveness by means of a regression analysis. The results can be used to draw conclusions which are applicable in the field of management so that destinations can find competitive advantages for their tourism sector and thus enhance their cultural and creative capita.

Source: Tourism Economics

DOI: 10.1177/13548166241240630

Authors: Mafalda Gómez-Vega, Iván Boal, Pablo Alonso-Villa

Institution: Universidad de Valladolid

Language: English

Topic: Cultural Industries and Urban Development

Subfield: Urban Studies

Field: Social Sciences

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Decent work and economic growth

Open Access status: green

Funder: Universidad de Valladolid