Understanding pioneering orientation in tourism clusters: Market dynamism and social capital

The aim of this paper is to study whether and how closed ties and diverse ties moderate the relationship between firms' market dynamism and pioneering orientation in a tourism cluster. We use original data on a sample of 215 firms belonging to the World Heritage Cities of Spain. The results sho...

Descripción completa

Detalles Bibliográficos
Autores: García Villaverde, Pedro Manuel, Elche Hortelano, María Dionisia, Martínez Pérez, Ángela
Tipo de recurso: artículo
Fecha de publicación:2020
País:España
Institución:Universidad de Castilla-La Mancha
Repositorio:RUIdeRA. Repositorio Institucional de la UCLM
OAI Identifier:oai:ruidera.uclm.es:10578/34751
Acceso en línea:https://doi.org/10.1016/j.tourman.2019.103966
https://hdl.handle.net/10578/34751
Access Level:acceso abierto
Palabra clave:Pioneering orientation
Market dynamism
Social capital
Closed ties
Diverse ties
Tourism cluster
World heritage cities
Descripción
Sumario:The aim of this paper is to study whether and how closed ties and diverse ties moderate the relationship between firms' market dynamism and pioneering orientation in a tourism cluster. We use original data on a sample of 215 firms belonging to the World Heritage Cities of Spain. The results show a curvilinear U-shaped relationship between market dynamism and pioneering orientation. This relationship is accentuated by higher closed ties, and is attenuated by higher diverse ties. Managers are advised to pay attention to changes in consumers’ needs so as to identify first-mover opportunities. Furthermore, firms located within tourism clusters might benefit from developing social capital. Specifically, managers should strengthen their closed ties when market dynamism is high and their diverse ties when the first changes in the market emerge.