People
often suggest that despite the proliferation of research in universities, the
exchange of knowledge from academic research to practical application is poor.
The argument made is that academic research seldom influences the real world of
practice, and that for knowledge transfer to assist industry, a paradigm shift
is required. In a new book chapter on knowledge transfer, published by Emerald, the SmartState team
here in the College of Hospitality, Retail & Sport Management, have taken a
look at the challenges of knowledge transfer in the tourism field. In
particular, the team have focused on the achievements of their research center,
where private and public sectors have joined together in an effort to support
applied and commercially relevant research. The goal? To improve the
competitiveness of South Carolina as a tourism destination. The full book
chapter can be found at: http://www.emeraldinsight.com/doi/abs/10.1108/S2042-144320170000008003
The Richardson Family SmartState Center of Economic Excellence in Tourism and Economic Development was established in 2010 with a specific goal to encourage research directly applicable to tourism in South Carolina.
Friday, September 22, 2017
Sunday, September 10, 2017
Why consumers love the sharing economy
There’s only one other country that comes close to matching the U.S. in
terms of ride-sharing market volume. Gross bookings in China are expected to
amount to roughly $10 billion this year, and as the graphic shows above, well
ahead of the U.K. and Japan which are ranked third and fourth. The Chinese
market is dominated by local player Didi Chuxing, which acquired Uber’s China
business last year in exchange for a sizeable stake in the newly merged
company. But why is it that the Chinese are so willing to adopt ride-sharing
apps? According to new research, it is not just about cost.
In a new paper just published in the International
Journal of Contemporary Hospitality Management, HRSM professors
Kevin So and Simon Hudson – along with Ge Zhu from Beijing Information Science and Technology University - explored what
motivates consumers in China to adopt ridesharing apps. Using social cognitive
theory as the theoretical framework, the team developed a value adoption model
to illustrate important factors that influence adoption of ridesharing
applications. What they found was that it wasn’t just functional values such as
convenience and
cost-effectiveness that motivated
consumers. They were also attracted to ride-sharing because of the emotional
and social benefits. This tends to support research that has been done with
users of Airbnb where consumers say that the sharing economy provides
more fun, is better for the environment, and builds a stronger
community. What this suggests is that traditional companies trying to compete
with the sharing economy could compete by making more of an emotional/social
connection with customers. Dr. Hudson is exploring this further within the
context of accommodations, and has just written a paper with PhD student Jing
Li for Journal of Hospitality & Tourism Cases illustrating how hotels can compete with the sharing economy by ‘getting social’.
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