Dynamic capabilities driving an eco-based advantage and performance in global hotel chains: The moderating effect of international strategy. (October 2015)

• Record Type: Journal Article
• Authors: Leonidou, Leonidas C.; Leonidou, Constantinos N.; Fotiadis, Thomas A.; Aykol, Bilge
• Is Part Of: Tourism management. Volume 50(2015)
• Page Start: 268
• Page End: 280
• Publication Date: 2015-10
• Subjects: Dynamic capabilities -- Environmental management -- Competitive advantage -- Performance; Tourism -- Periodicals; 338.4791
• DOI: 10.1016/j.tourman.2015.03.005
• Languages: English
• ISSNs: 0261-5177

Abstract

Abstract: Building on the dynamic capabilities theory, a model of organizational capabilities driving an eco-based competitive advantage and performance in the global hotel industry is tested. Data obtained from 102 hotel chains reveal that organizational learning, shared vision, and cross-functional integration are conducive to creating a green competitive advantage, though this is not the case with relationship building and technology sensing/response. In turn, an eco-based advantage positively affects global financial performance. Certain dimensions of international strategy, namely foreign entry through joint ventures and decision-making decentralization, positively moderate the advantage–performance link, while no moderation effect exists for global market configuration and standardization/adaptation. Highlights: Focus is on organizational capabilities driving an eco-based competitive advantage. Use of dynamic capabilities theory and testing the model among global hotel chains. Organizational learning, shared vision, and cross-functional integration are key drivers. An eco-based competitive advantage positively affects global financial performance. Certain international strategy dimensions moderate the advantage–performance link.