INNOVATION IN CONTEMPORARY TOURISM – CHALLENGES AND POSSIBILITIES

  • Nebojša Zakić University Union-Nikola Tesla, Faculty of Entrepreneurial Business and Real Estate Management, Belgrade
  • Svetlana Vukotić University Business Academy - Novi Sad, Faculty of Applied Management, Economics and Finance, Belgrade
Keywords: tourism, innovation, technology, collaboration

Abstract

Innovation is a key factor of competitiveness in nearly all industries. The shifting focus towards innovation of services is caused by the increasing role services play in developed economies. Today, tourism is undergoing a fundamental change which necessitates the ability for innovation. Tourism has a number of characteristics that specifically influence innovation. One such characteristic is the heterogeneous structure of the industry, which connects diverse actors and sectors, including businesses, consumers and the government. The paper aims to analyse innovation in tourism and its main trends using a literature review and examining different approaches and perspectives, with the goal of offering a synthesis of the findings and a point on which to base further research. The findings suggest that the collaborative environment fosters a joint approach to solving different challenges in tourism and recognizing innovation opportunities, and that the efficacy of such an undertaking far outweighs what the individual actors would be able to contribute by acting alone.

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Published
2019-06-01
How to Cite
Zakić, N., & Vukotić, S. (2019). INNOVATION IN CONTEMPORARY TOURISM – CHALLENGES AND POSSIBILITIES. Tourism International Scientific Conference Vrnjačka Banja - TISC, 4(1), 432-449. Retrieved from https://www.tisc.rs/proceedings/index.php/hitmc/article/view/265