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Topic Review
Assessment Scale of Competitiveness of Wellness Destinations in Thailand
An assessment scale was developed to measure the competitiveness of wellness destinations in Thailand, particularly from the perspective of the wellness tourism firm. Several studies emphasized exploring the management of tourist attractions, the development of routes, and the promotion of products to wellness tourists. A number of studies concerning Thai spas and developing community wellness tourism explored quality development for businesses and communities and the types of wellness tourism in a particular area. However, there has been a lack of research regarding the development of a measurement scale for evaluating the competitiveness of wellness destinations, particularly among those that offer niche services, rather than a more general view; this would be especially useful for Thai destinations.
  • 935
  • 13 Apr 2022
Topic Review
Corporate Social Responsibility Preferences in South Africa
A firm’s corporate social responsibility (CSR) approach can encompass a wide variety of activities. These may include philanthropy (donating to charities), volunteering by employees, ethical labor practices, and implementing environmentally friendly operations. Diverse stakeholders and nationalities may view certain social initiatives as less or more important than others. As a result, firms respond by prioritizing those CSR activities that stakeholders in their operating environment consider important. This leads to firms having CSR preferences for some social and environmental activities over others. Traditionally, CSR in South Africa was delivered through corporate social investment (CSI): a philanthropic effort with firms implementing their social responsibility through charitable donations targeted at the education and healthcare of a firm’s surrounding communities.
  • 4.1K
  • 13 Apr 2022
Topic Review
Unabsorbed Slack Resources and Enterprise Innovation
In 1963, Cyert & March defined slack resources as “the difference between total resources needed by the enterprise organization to maintain the status quo and the resources actually possessed by the organization”. There exist different forms of slack resources, such as idle machinery and equipment, surplus cash, extra employees, and semi-finished products in processing.  Technological innovation plays an important role in the success of enterprises and it is a critical factor for them to gain strong short-term market performance and long-term competitive advantage. Due to long cycles, large investments, and high adjustment costs, adequate resource support is essential to ensure the sustainability of innovation activities.
  • 722
  • 13 Apr 2022
Topic Review
The Financial Outcome of Successful Green Innovation
Climate change, pollution of the environment, and the consecutive challenges for the 21st century have been increasingly recognized by governments, policymakers, and industry over the last decade. It is therefore vital to transition from environment- and resource-intensive trajectories to more sustainable growth paths for the global economy. This also requires corporate environmentalism and (green) technological innovation. To realize sustainable growth paths, green innovation and technology diffusion must be financially and commercially attractive to convince corporate decision makers to introduce environmentalism. The current strand of literature on the financial attractiveness of green innovation can be divided into two parts: the traditional view follows Friedman and considers green innovation as firm-value decreasing, while the Porter hypothesis argues that environmental policies, adoption of corporate environmentalism, and green innovation increase profits of firms by reducing costs and increasing revenues. In fact, prior studies provide empirical evidence to support the Porter hypothesis for many cases. Therefore, scholars have suggested intervention by governments to overcome these barriers. Government organizations included environmental issues into their agendas for multiple decades now. As a result, different forms of intervention were introduced, ranging from regulatory (e.g., forced shutdowns or investments) to market-based, economic measures (e.g., supply-push and demand-pull). One of the most important green growth strategies from a governmental perspective is the development of green technologies through appropriate innovation to stimulate corporate environmentalism, particularly green innovation policies.
  • 512
  • 11 Apr 2022
Topic Review
Financial Shocks and Financial Resilience of Australian Households
Based on a national survey conducted by Australian Bureau of Statistics in December 2020, during COVID-19, financial shocks continued to hit low-income households and one parent family with dependent children the hardest. The lowest income households had to forfeit a week’s worth of income on a less expensive shock but then three times of weekly income to absorb a more expensive shock. The overall households also had a low rate in seeking financial information, counselling or advice from a professional.
  • 700
  • 11 Apr 2022
Topic Review
The Use of Virtual Reality in Tourism Destinations
The role of new technologies in tourism is changing rapidly, leading to the development of customer relationships through the use of virtual reality in the marketing of tourist destinations. In addition to focusing on the influence of travel intentions that has prevailed in practice so far, the use of VR is expected to have an impact on the travel experience on the spot.
  • 1.2K
  • 08 Apr 2022
Topic Review
Blockchain in Revolutionizing the Agricultural Sector
Distributed Ledger Technology (DLT)/blockchain is an intriguing new technology that has the potential to be a game-changer, and, in general, DLT are tamper-resistant and time-stamped databases. They allow several parties to capture, validate, and distribute data over a network in a decentralized, synchronized, and transparent manner, with minimal human participation and intermediate processes. The application of blockchain agriculture is still in the early stage, although there are ongoing research, projects, and initiatives to gain the most benefits of introducing blockchain-based technology in agriculture. These ongoing processes are centered around topics such as traceability, transparency, creditability, and auditability of agricultural data via blockchain based technology. Moreover, they are developing useful models or applications that can be used to improve the performance of the agriculture sector.
  • 745
  • 07 Apr 2022
Topic Review
Disaster Risk Governance in Croatia
Risk governance is mostly viewed through the lens of disaster or emergency management departments, agencies, or organizations. Visible in times of crises, risk governance is rarely seen as part of everyday public or private functions such as planning, social welfare, investments, or fiscal responsibilities. So far, Croatian disaster risk governance was mainly oriented towards disaster response (a military approach), which is based on a decades-old regulatory framework, as was elaborated thoroughly in the previous work. Nevertheless, Croatia has just recently (within the last few years) started switching its focus from disaster risk preparedness to disaster risk management with the introduction of the Homeland Security System Act. While mainly oriented towards disaster response, in general, the Croatian disaster risk management system (regulatory framework) recognizes only two areas of disaster risk management: prevention and response. Therefore, the Croatian disaster risk management system can hardly be fully valorized through the objectives of the Sendai framework for disaster risk reduction.
  • 696
  • 07 Apr 2022
Topic Review
Sustainable Tourism Issues in European Countries
Sustainable economic growth can be achieved through tourism by protecting the environment, maintaining natural resources, creating employment, improving cultural diversity, and recognizing cultural heritage values. The concept of tourism sustainability is gradually growing globally and becoming a dominant aspect in modern business, as companies need to meet stakeholders’ demands regarding environmental management. Sustainable tourism incorporates environmental, social, economic, and cultural issues into operations. The demand for green tourism, ethical consumption, protection of natural resources, and living close to nature is expected to increase. In particular, the latter gains more and more popularity due to the stress caused by the global pandemic and also because values have been re-evaluated at every level of society.
  • 1.0K
  • 06 Apr 2022
Topic Review
Green Innovation Performance
Green innovation performance refers to enterprise’s improvement of their product design or production process in terms of environmental protection and environmental management. Green innovation performance includes green product innovation performance and green process innovation performance from the perspective of innovation objects.
  • 1.3K
  • 06 Apr 2022
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