Journal of Tourism Research & HospitalityISSN: 2324-8807

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Research Article, J Tourism Res Hospitality Vol: 3 Issue: 1

An Exploratory Study of Perceived Innovation Characteristics Influencing Sustainable Business Practices in the Private Club Industry

MiRan Kim1*, Seung Hyun Kim1, JaeMin Cha1, Ronald F. Cichy1,Jason P. Koenigsfeld2 and Joe Perdue3
1The School of Hospitality Business, Michigan State University, USA
2Club Managers Association of America, USA
3Cecil B. Day School of Hospitality, Georgia State University, USA
Corresponding author : MiRan Kim
The School of Hospitality Business, Michigan State University, 232 Eppley Center
Tel: 517-884-1584
E-mail: [email protected]
Received: September 10, 2013 Accepted: February 24, 2014 Published: February 28, 2014
Citation: Kim M, Kim SH, Cha JM, Cichy RF, Koenigsfeld JP, et al (2014) An Exploratory Study of Perceived Innovation Characteristics Influencing Sustainable Business Practices in the Private Club Industry. J Tourism Res Hospitality 3:1. doi:10.4172/2324-8807.1000135

Abstract

An Exploratory Study of Perceived Innovation Characteristics Influencing Sustainable Business Practices in the Private Club Industry

In the hospitality industry, the concept of sustainability has been more frequently recognized as an important area of emphasis in organizations. Many business organizations are trying to incorporate sustainability as new ways of operating their businesses, driven by innovation and competitive advantages, in order to bring economic, social, and environmental benefits. This research is designed to identify dimensions of perceived innovation characteristics influencing sustainable business practices from the perspectives of general managers and chief operating officers in the context of the private club industry. Exploratory factor analysis was undertaken to evaluate applicability of perceived innovation characteristics based on the diffusion of innovation theory. The results indicate that economic relative advantage, observability, compatibility, and complexity are significant factors of perceived innovation characteristics influencing sustainable business practices. The findings of this study can provide valuable insights into the understanding of sustainable business practices from an innovation perspective. The results of this study are practically useful for private club general managers and chief operating officers when developing and implementing innovative management strategies and practicesto ensure long

Keywords: Perceived innovation characteristics; Sustainability; Private club; Diffusion of innovation theory

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