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What is Efficiency-Driven Economies

Chapter 2
Handbook of Research on International Travel Agency and Tour Operation Management
Consider the context of higher education and training, goods market efficiency, labor market efficiency, financial market development, technological readiness, and market size.
Published in Chapter:
The Relationship Between Competitiveness-Driven Factors and Travel and Tourism Policy: A Multilevel Study
Anastasia A. Katou (University of Macedonia, Greece) and Eleni F. Katsouli (University of Macedonia, Greece)
Copyright: © 2019 |Pages: 16
DOI: 10.4018/978-1-5225-8434-6.ch002
Abstract
Drawing on the resource-based view, this study examines the impact of environmental-driven, infrastructure-driven and resources-driven factors on travel and tourism policy and enabling conditions. Using a multilevel sample of 136 economies categorized in 15 geographical areas, and conducting a multilevel path analyses, we find that ICT readiness and ground and port infrastructure are the most important factors that predict the travel & tourism policy and enabling conditions construct. Based on these findings, which underline the meaning of competitiveness, the study has several theoretical and practical implications.
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Chapter 9
Relationship Between Innovation, Human Capital, Institutions, Entrepreneurship, and Economic Growth: A Comparative Analysis Using FsQCA
Countries are increasingly competitive, with more-efficient production processes and increased product quality. At this level of development, economies are characterized by higher education and training, goods market efficiency, labor market efficiency, financial market sophistication, technological readiness, and higher market size.
Published in Chapter: Relationship Between Innovation, Human Capital, Institutions, Entrepreneurship, and Economic Growth: A Comparative Analysis Using FsQCA; From: Quality Management for Competitive Advantage in Global Markets
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Chapter 1
An Explorative Study on Senior Entrepreneurial Intention in Latin America
The second stage classification based on the nation´s economic development level. Efficiency-driven economies deal with increased competitiveness and productivity, which will yield to an increase in overall development and better wages.
Published in Chapter: An Explorative Study on Senior Entrepreneurial Intention in Latin America; From: Senior Entrepreneurship and Aging in Modern Business
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