Dynamic capabilities and SME: the example of Chinese tourism companies in Spain
Author
María del Mar Alonso-Almeida – (Universidad Autónoma de Madrid)
Krestin Bremser – (Pforzheim University of Applied Sciences)
Received November 20, 2015; accepted November 26, 2015.
Abstract
Purpose: The study investigates the strategies of Chinese SME in the tourism sector in Spain to detect if these entrepreneurs employed specific strategies based on the development of dynamic capabilities that could be adopted from other small companies as well. Additionally, the deployment of dynamic capabilities is researched.
Design / Methodology / Approach: The study is exploratory and relies on case studies of three Chinese owned small companies that have been operating from Spain. Cases were chosen to represent different length of investments in Spain, different markets served as well as different ownership structures.
Findings: Environmental perceptions play an important role in the development of dynamic capabilities in SME of the tourism sector. New product development and knowledge accumulation are the main capabilities employed.
Propósito: El estudio investiga las estrategias de las PYME chinas en el sector turístico en España para detectar si estos empresarios emplearon estrategias específicas basadas en el desarrollo de capacidades dinámicas que podrían adoptarse también de otras pequeñas empresas. Además, se investiga el despliegue de capacidades dinámicas.
Diseño / Metodología / Enfoque: El estudio es exploratorio y se basa en estudios de casos de tres pequeñas empresas de propiedad china que han estado operando desde España. Se eligieron casos para representar diferentes períodos de inversión en España, diferentes mercados atendidos y diferentes estructuras de propiedad.
Resultados: Las percepciones ambientales juegan un papel importante en el desarrollo de capacidades dinámicas en las PYME del sector turístico. El desarrollo de nuevos productos y la acumulación de conocimiento son las principales capacidades empleadas.
Citation
Bremser, K., & Alonso‐Almeida, M. D. M. (2015). Dynamic Capabilities and SME: The Example of Chinese Tourism Companies in Spain. European Accounting and Management Review, 2(1), 126-138.
Figures
Keywords
- Dynamic capabilities
- Tourism
- Entrepreneurship
- Financial crisis
- Spain
Palabras clave
- Capacidades dinámicas
- Turismo
- Emprendimiento
- Crisis financiera
- España
Share this article
Related Posts
Article 3, Volume 9 Issue 1
Bibliometric Analysis of Accounting Fraud and Earnings Management During the period 2012-2022 Author Pilar Lloret – (University of Vic-Universitat Central de Catalunya) Núria Arimany – (University of Vic-Universitat Central de Catalunya) DOI: 10.26595/eamr.2014.9.1.3 Download PDF View HTML Received May 23, 2022; accepted September 30, 2022. Abstract English This study performs a bibliometric analysis of articles on accounting
Article 2, Volume 9 Issue 1
Why is it worth studying economics? A course proposal for non-economics students Author Jasmina Berbegal-Mirabent – (Universitat Politècnica de Catalunya) David Carpi – (Universitat Internacional de Catalunya) DOI: 10.26595/eamr.2014.9.1.2 Download PDF View HTML Received August 10, 2022; accepted January 16, 2023. Abstract English At an early life stage, students must choose a degree, a crucial decision
Article 1, Volume 9 Issue 1
A two-way satisfaction model for sharing economy Author Alejandra Cueva – (Universitat Internacional de Catalunya) Anna Akhmedova- (Universitat Internacional de Catalunya) Frederic Marimon- (Universitat Internacional de Catalunya) DOI: 10.26595/eamr.2014.9.1.1 Download PDF View HTML Received August 31, 2022; accepted January 30, 2023. Abstract English Customer satisfaction has been gaining the attention of researchers hoping to develop a model that
