Share:


Fostering destination creativity through tourism lifestyle entrepreneurship: exploring the moderating effect of financial orientation

    Álvaro Dias   Affiliation
    ; Tatiana Azambuja Affiliation

Abstract

The motivations and desires of tourists are constantly changing, and in this context, entrepreneurship demonstrates a significant contribution. Especially in the tourism industry, lifestyle entrepreneurs stand out for their contribution not only to the tourism sector, but also by their community attachment. Entrepreneurs with a lifestyle, goals, characteristics, and attitudes are distinct from other entrepreneurs. This research aims to portray the factors influencing their satisfaction with life perception, an important topic to understand their willingness to stay in the community. To this end, a survey was applied to 115 tourism lifestyle entrepreneurs, a data generated was analysed with partial least squares for confirmatory factor analysis. Findings reveal that networking, atmosphere, place attachment positively influence satisfaction with life. Furthermore, findings indicate that the financial objectives moderate these relationships, meaning that the way they conceive and act in their business also influences their satisfaction with life.

Keyword : lifestyle orientation, networking, place attachment, satisfaction with life, tourism

How to Cite
Dias, Álvaro, & Azambuja, T. (2022). Fostering destination creativity through tourism lifestyle entrepreneurship: exploring the moderating effect of financial orientation. Creativity Studies, 15(2), 420–434. https://doi.org/10.3846/cs.2022.13916
Published in Issue
May 6, 2022
Abstract Views
32
PDF Downloads
17
Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

References

Ateljevic, I., & Doorne, S. (2000). “Staying within the Fence”: Lifestyle entrepreneurship in tourism. Journal of Sustainable Tourism, 8(5), 378–392. https://doi.org/10.1080/09669580008667374

Bagozzi, R. P., & Yi, Y. (1988). On the evaluation of structural equation models. Journal of the Academy of Marketing Science, 16(1), 74–94. https://doi.org/10.1007/BF02723327

Besser, T. L., & Miller, N. (2001). Is the good corporation dead? The community social responsibility of small business operators. The Journal of Socio-Economics, 30(3), 221–241. https://doi.org/10.1016/S1053-5357(01)00094-4

Bosworth, G., & Farrell, H. (2011). Tourism entrepreneurs in Northumberland. Annals of Tourism Research, 38(4), 1474–1494. https://doi.org/10.1016/j.annals.2011.03.015

Bredvold, R., & Skålén, P. (2016). Lifestyle entrepreneurs and their identity construction: A study of the tourism industry. Tourism Management, 56, 96–105. https://doi.org/10.1016/j.tourman.2016.03.023

Bujor, A., & Avasilcai, S. (2016). The creative entrepreneur: A framework of analysis. Procedia – Social and Behavioral Sciences, 221, 21–28. https://doi.org/10.1016/j.sbspro.2016.05.086

Carlsen, J., Morrison, A., & Weber, P. (2008). Lifestyle oriented small tourism firms. Tourism Recreation Research, 33(3), 255–263. https://doi.org/10.1080/02508281.2008.11081549

Daly, P., Dias, Á., & Patuleia, M. (2021). The impacts of tourism on cultural identity on Lisbon historic Neighbourhoods. Journal of Ethnic and Cultural Studies, 8(1), 1–25. https://doi.org/10.29333/ejecs/516

Dawson, D., Fountain, J., & Cohen, D. A. (2011). Seasonality and the lifestyle “Conundrum”: An analysis of lifestyle entrepreneurship in wine tourism regions. Asia Pacific Journal of Tourism Research, 16(5), 551–572. https://doi.org/10.1080/10941665.2011.597580

Dias, Á., Patuleia, M., Silva, R., Estêvão, J., Rosario González-Rodríguez, M. (2021a). Post-pandemic recovery strategies: Revitalizing lifestyle entrepreneurship. Journal of Policy Research in Tourism, Leisure and Events. https://doi.org/10.1080/19407963.2021.1892124

Dias, Á., Rosario González-Rodríguez, M., Patuleia, M. (2021b). Developing poor communities through creative tourism. Journal of Tourism and Cultural Change, 19(4). https://doi.org/10.1080/14766825.2020.1775623

Dias, Á., Rosario González‐Rodríguez, M., Patuleia, M. (2021c). Retaining tourism lifestyle entrepreneurs for destination competitiveness. International Journal of Tourism Research, 23(4), 701–712. https://doi.org/10.1002/jtr.2436

Dias, Á., Silva, G. M., Patuleia, M., & Rosario González-Rodríguez, M. (2021d). Transforming local knowledge into lifestyle entrepreneur’s innovativeness: Exploring the linear and quadratic relationships. Current Issues in Tourism, 24(22). https://doi.org/10.1080/13683500.2020.1865288

Dias, Á., Silva, G. M., Patuleia, M., & Rosario González-Rodríguez, M. (2020). Developing sustainable business models: Local knowledge acquisition and tourism lifestyle entrepreneurship. Journal of Sustainable Tourism. https://doi.org/10.1080/09669582.2020.1835931

Drake, G. (2003). “This Place Gives Me Space”: Place and creativity in the creative industries. Geoforum, 34(4), 511–524. https://doi.org/10.1016/S0016-7185(03)00029-0

Fornell, C., & Larcker, D. F. (1981). Evaluating structural equation models with unobservable variables and measurement error. Journal of Marketing Research, 18(1), 39–50. https://doi.org/10.1177/002224378101800104

Fu, H., Okumus, F., Wu, K., & Köseoglu, M. A. (2019). The entrepreneurship research in hospitality and tourism. International Journal of Hospitality Management, 78, 1–12. https://doi.org/10.1016/j.ijhm.2018.10.005

Hair, Jr. J. F., Hult, G. T. M., Ringle, Ch. M., & Sarstedt, M. (2017). A primer on partial least squares structural equation modeling (PLS-SEM). Sage Publications, Inc. https://doi.org/10.1111/j.1745-5871.2005.00308.x

Hall, C. M. (2005). Reconsidering the geography of tourism and contemporary mobility. Geographical Research, 43(2), 125–139. https://doi.org/10.1111/j.1745-5871.2005.00308.x

Henseler, J., Ringle, Ch. M., & Sarstedt, M. (2015). A new criterion for assessing discriminant validity in variance-based structural equation modeling. Journal of the Academy of Marketing Science, 43, 115–135. https://doi.org/10.1007/s11747-014-0403-8

Kallmuenzer, A., Kraus, S., Peters, M., Steiner, J., & Cheng, Ch.-F. (2019). Entrepreneurship in tourism firms: A mixed-methods analysis of performance driver configurations. Tourism Management, 74, 319–330. https://doi.org/10.1016/j.tourman.2019.04.002

Kibler, E., Fink, M., Lang, R., & Muñoz, P. (2015). Place attachment and social legitimacy: Revisiting the sustainable entrepreneurship journey. Journal of Business Venturing Insights, 3, 24–29. https://doi.org/10.1016/j.jbvi.2015.04.001

Koh, K. Y. (1996). The tourism entrepreneurial process: A conceptualization and implications for research and development. The Tourist Review, 51(4), 24–41. https://doi.org/10.1108/eb058234

Koh, K. Y., & Hatten, T. S. (2002). The tourism entrepreneur: The overlooked player in tourism development studies. International Journal of Hospitality and Tourism Administration, 3(1), 21–48. https://doi.org/10.1300/J149v03n01_02

Lang, R., Fink, M., & Kibler, E. (2014). Understanding place-based entrepreneurship in rural Central Europe: A comparative institutional analysis. International Small Business Journal, 32(2), 204–227. https://doi.org/10.1177/0266242613488614

Marchant, B., & Mottiar, Z. (2011). Understanding lifestyle entrepreneurs and digging beneath the issue of profits: Profiling surf tourism lifestyle entrepreneurs in Ireland. Tourism Planning and Development, 8(2), 171–183. https://doi.org/10.1080/21568316.2011.573917

Morrison, A. (2006). A contextualisation of entrepreneurship. International Journal of Entrepreneurial Behaviour and Research, 12(4), 192–209. https://doi.org/10.1108/13552550610679159

Mottiar, Z. (2007). Lifestyle entrepreneurs and spheres of inter-firm relations: The case of Westport, Co Mayo, Ireland. The International Journal of Entrepreneurship and Innovation, 8(1), 67–74. https://doi.org/10.5367/000000007780007326

Pavot, W., & Diener, E. (2009). Review of the satisfaction with life scale. In E. Diener (Ed.), Social indicators research series. Assessing well-being: The collected works of Ed Diener (pp. 101–117). Dordrecht. https://doi.org/10.1007/978-90-481-2354-4_5

Pereira, V., Silva, G. M., & Dias, Á. (2021). Sustainability practices in hospitality: Case study of a luxury hotel in Arrábida Natural Park. Sustainability, 13. https://doi.org/10.3390/su13063164

Power, S., Domenico, Di Ml., & Miller, G. (2017). The nature of ethical entrepreneurship in tourism. Annals of Tourism Research, 65, 36–48. https://doi.org/10.1016/j.annals.2017.05.001

Richards, G., & Marques, L. (2012). Exploring creative tourism: Editors introduction. Journal of Tourism Consumption and Practice, 4(2), 1–11.

Richards, G., & Wilson, J. (2006). Developing creativity in tourist experiences: A solution to the serial reproduction of culture? Tourism Management, 27(6), 1209–1223. https://doi.org/10.1016/j.tourman.2005.06.002

Ringle, Ch. M., Wende, S., & Becker, J.-M. (2015). SmartPLS 3. SmartPLS.

Ritchie, J. R. B., & Crouch, G. I. (2003). The competitive destination: A sustainable tourism perspective. CABI Publishing. https://doi.org/10.1079/9780851996646.0000

Romero, D., & Molina, A. (2011). Collaborative networked organisations and customer communities: Value co-creation and co-innovation in the networking era. Production Planning and Control, 22(5–6), 447–472. https://doi.org/10.1080/09537287.2010.536619

Ryan, Th., Mottiar, Z., & Quinn, B. (2012). The dynamic role of entrepreneurs in destination development. Tourism Planning and Development, 9(2), 119–131. https://doi.org/10.1080/21568316.2011.630747

Schilar, H., & Keskitalo, E. C. H. (2018). Tourism activity as an expression of place attachment–place perceptions among tourism actors in the Jukkasjärvi Area of Northern Sweden. Scandinavian Journal of Hospitality and Tourism, 18(sup1), S42–S59. https://doi.org/10.1080/15022250.2017.1389123

Sinapi, Ch. (2020). Cultural and creative entrepreneurship: Towards a paradigmatic proposal? International Journal of Entrepreneurship and Small Business, 40(2), 171–191. https://doi.org/10.1504/IJESB.2020.107755

Snieska, V., & Zykiene, I. (2015). City attractiveness for investment: Characteristics and underlying factors. Procedia – Social and Behavioral Sciences, 213, 48–54. https://doi.org/10.1016/j.sbspro.2015.11.402

Solvoll, S., Alsos, G. A., & Bulanova, O. (2015). Tourism entrepreneurship – review and future directions. Scandinavian Journal of Hospitality and Tourism, 15(sup1), 120–137. https://doi.org/10.1080/15022250.2015.1065592

Stamboulis, Y., & Skayannis, P. (2003). Innovation strategies and technology for experience-based tourism. Tourism Management, 24(1), 35–43. https://doi.org/10.1016/S0261-5177(02)00047-X

Sun, X., Xu, H., Köseoglu, M. A., & Okumus, F. (2020). How do lifestyle hospitality and tourism entrepreneurs manage their work-life balance? International Journal of Hospitality Management, 85. https://doi.org/10.1016/j.ijhm.2019.102359

Thomas, R., Shaw, G., & Page, S. J. (2011). Understanding small firms in tourism: A perspective on research trends and challenges. Tourism Management, 32(5), 963–976. https://doi.org/10.1016/j.tourman.2011.02.003

Wang, Sh., Hung, K., & Huang, W.-J. (2019a). Motivations for entrepreneurship in the tourism and hospitality sector: A social cognitive theory perspective. International Journal of Hospitality Management, 78, 78–88. https://doi.org/10.1016/j.ijhm.2018.11.018

Wang, C., Li, G., & Xu, H. (2019b). Impact of lifestyle-oriented motivation on small tourism enterprises’ social responsibility and performance. Journal of Travel Research, 58(7), 1146–1160. https://doi.org/10.1177/0047287518800389

Williams, A., & Shaw, G. (1998). Tourism and the environment: Sustainability and economic restructuring. In C. M. Hall & A. A. Lew (Ed.), Sustainable tourism: A geographical perspective (pp. 49–59). Pearson Education Limited.

Yachin, J. M. (2019). The entrepreneur–opportunity nexus: Discovering the forces that promote product innovations in rural micro-tourism firms. Scandinavian Journal of Hospitality and Tourism, 19(1), 47–65. https://doi.org/10.1080/15022250.2017.1383936

Zhao, W., Ritchie, J. R. B., & Echtner, Ch. M. (2011). Social capital and tourism entrepreneurship. Annals of Tourism Research, 38(4), 1570–1593. https://doi.org/10.1016/j.annals.2011.02.006