Akiko YAMAMOTO
   Department   Kyoto University of Foreign Studies  Department of Global Tourism, Faculty of Global Engagement
   Position   Assistant Professor-lecturer
Language English
Publication Date 2024/05
Type Academic Paper
Peer Review Peer reviewed
Title Small business orientation of local lodging companies under the growth of the inbound tourism market: Quantitative analysis of firm performance trends in Kyoto
Contribution Type Multiple author(s)
Journal APacCHRIE 2024 Conference Proceedings– Stand-up Paper Presentation
Journal TypeAnother Country
Volume, Issue, Page 2,pp.1456-1466
Responsible for 分析と論文全体の執筆を担当
Author and coauthor Akiko Yamamoto, Naoki Wakabayashi
Details In discussing the organizational resilience of small medium sized enterprises (SMEs), many researchers argue that strategic orientation may be a key factor, but they mainly focus on growth strategies, innovation, strategic pivots, or new business creation. The concept of small business orientation (SBO) of SMEs proposed by Runyan and Covin may reveal new resilience effects of the strong and long-term commitment of SMEs to unique business values, customers, and stakeholders under crisis. Examining features of survival companies in 211 small companies in local lodging industry in Kyoto, the global tourism destination, we find local and small lodging companies with SBO are more likely to survive than young ones with a rapid growth orientation Kyoto during the COVID-19 pandemic.