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An alternative approach to support tourism SMEs’ circular practice financing: an activity theory perspective

An alternative approach to support tourism SMEs’ circular practice financing: an activity theory perspective

Gao, Xiaowen ORCID: 0000-0002-6682-6193 and Chan, Jin ORCID: 0000-0002-6275-9763 (2023) An alternative approach to support tourism SMEs’ circular practice financing: an activity theory perspective. In: MTCON 2023: 4th Conference on Managing Tourism Across Continents – Tourism for a better World, 15th - 18th March, 2023, Istanbul, Turkey. (In Press)

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Abstract

Inter-organizational collaboration is recognized as a key competency for implementing a circular design (Sumter et al., 2020). The collaborative business model normally includes various companies in supply chains who share knowledge on how to co-create products or services that align with the circular principle. However, financial stakeholders are often missing from such business models. This research takes an activity theory approach and identifies the role of financial stakeholders in a large project supporting SMEs’ adaption of a circular economy in the tourism sector. Sourced data from a large online survey of SMEs in tourism and hospitality and their relevant stakeholders regarding financial supports and barriers, we investigated the challenges SMEs face and the support they required.

Item Type: Conference or Conference Paper (Paper)
Uncontrolled Keywords: activity theory; SME finance; circular economy
Subjects: G Geography. Anthropology. Recreation > GV Recreation Leisure
H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
Faculty / School / Research Centre / Research Group: Faculty of Business
Related URLs:
Last Modified: 12 Mar 2024 09:07
URI: http://gala.gre.ac.uk/id/eprint/46232

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