Encyclopedia Thursday, September 23, 2021 2777 hits

Tourism firms in crisis: Theoretical perspectives on the role of the entrepreneurial ecosystem

Author: Iris Hrund Halldorsdottir 
Affiliation: University of Iceland
<insert-authors> (2021). <insert-abstract-title>. 29th Nordic Symposium on Tourism and Hospitality Research Shaping mobile futures: Challenges and possibilities in precarious times, 21-23 September 2021. Online. Retrieved: <insert-date>, from http://www.airth.global
Long-term sustainability of a region includes its ability to respond and adapt to changes and shocks, which the tourism industry is renowned for. Using the concept of an entrepreneurial ecosystem as a theoretical lens, this study aims to explore the interplay between the entrepreneurial environment and coping of tourism enterprises in these turbulent times. 
Recently the concept of the entrepreneurial ecosystem (EE) has gained popularity with scholars. With its roots in Systems Theory, the concept is fundamentally about understanding how aspects of the environment, and their interplay, are important for entrepreneurship and innovation. In theory, innovation facilitated by a supportive EE can foster a region’s resilience in the face of crises. However, to date few, if any, studies in tourism have used the EE concept as a means of exploring its role in supporting tourism firms in a crisis scenario. This is where this study will provide an initial theoretical application of the EE concept to the crisis in tourism in Iceland brought about by the Covid pandemic. Specifically, the paper will theorise how elements of the EE, for example networks, government policy and cultural attributes, can align to support tourism firms in tackling crises.  


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