The Impact of Family Businesses on the Innovative Performance of the Tourism Industry in Pakistan

Year 2024, Volume: 1 Issue: 1, 32 - 46, 30.06.2024

Ali Raza , Abdulmonam Selam A Elmajdub , Abdul Wajid , Kamran Khan

Abstract

The influence of family businesses on innovation in Pakistan's tourism sector, uncovering crucial factors that foster or impede innovation, and offering actionable advice for policymakers and family business owners to boost innovation and long-term viability. The research methodology employed a quantitative approach, utilizing a 300-question survey among Pakistan's tourism sector participants. A total of 300 responses were collected and analyzed using statistical techniques, including regression analysis, to examine relationships between variables and inform decisions on family business success and legacy. This study's findings reveal that teamwork, operation, strategy, culture, and innovative performance are crucial for organizational success and sustainability in Pakistan's tourism industry. Teamwork and innovative performance are key strengths, while operation and culture require improvement. Succession planning is vital for long-term success, and technology adoption and effective communication drive innovation. This study pioneers an exploration of the impact of family businesses on innovation in Pakistan's tourism industry, addressing a significant research gap. By examining the cultural, teamwork, operational, and strategic aspects of family businesses, this research provides novel insights into the factors that facilitate or hinder innovation, offering practical recommendations for policymakers and family business owners.

Keywords

Family Business, Innovation, Tourism, Sustainability

Aile işletmelerinin Pakistan'daki turizm endüstrisinin yenilikçi performansı üzerindeki etkisi.

Abstract

Aile işletmelerinin Pakistan'ın turizm sektöründeki inovasyon üzerindeki etkisi, inovasyonu teşvik eden veya engelleyen önemli faktörleri ortaya çıkarıyor ve politika yapıcılara ve aile şirketi sahiplerine inovasyonu ve uzun vadeli sürdürülebilirliği artırmak için uygulanabilir tavsiyeler sunuyor. Araştırma metodolojisi, Pakistan'ın turizm sektörü katılımcıları arasında 300 soruluk bir anketi kullanan niceliksel bir yaklaşım kullandı. Değişkenler arasındaki ilişkileri incelemek ve aile şirketinin başarısı ve mirasına ilişkin kararları bilgilendirmek için regresyon analizi de dahil olmak üzere istatistiksel teknikler kullanılarak toplam 300 yanıt toplandı ve analiz edildi. Bu çalışmanın bulguları, Pakistan turizm endüstrisindeki organizasyonel başarı ve sürdürülebilirlik için ekip çalışmasının, operasyonun, stratejinin, kültürün ve yenilikçi performansın çok önemli olduğunu ortaya koymaktadır. Ekip çalışması ve yenilikçi performans temel güçlü yönlerdir; operasyon ve kültür ise iyileştirme gerektirir. Veraset planlaması, uzun vadeli başarı için hayati öneme sahiptir ve teknolojinin benimsenmesi ve etkili iletişim, yeniliği teşvik eder. Bu çalışma, aile işletmelerinin Pakistan'ın turizm endüstrisindeki inovasyon üzerindeki etkisinin araştırılmasına öncülük etmekte ve önemli bir araştırma boşluğuna değinmektedir. Aile işletmelerinin kültürel, ekip çalışması, operasyonel ve stratejik yönlerini inceleyen bu araştırma, inovasyonu kolaylaştıran veya engelleyen faktörlere ilişkin yeni bilgiler sunarak politika yapıcılara ve aile şirketi sahiplerine pratik öneriler sunuyor.

Keywords

Aile işi, Yenilik, Turizm, Sustainability

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