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Hindi 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: Kimmi8@msu.edu |
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| 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
