Local Government Involvement in Small Tourism Firms Investment: The Case of Phu Tho Province, Vietnam

• Autorzy: Ho Chi Dung , Pham Thi Kim Thanh , Dinh Van Oanh , Nguyen Hoai Long
• Języki publikacji: EN

Abstrakty

EN

Small tourism firms in developing countries like Vietnam have proven to be a rapidly growing sector of regional tourism industries and this sector development is being promoted as a path for enhancing local economies. However, due to typical characteristics of tourism, it requires the government to play an active role in facilitating and promoting its development. The current literature is unclear regarding the relationship between small tourism firms and local government involvement. Hence, this study aims to determine the local government involvement in small firms' investment, and reports an empirical test on 209 small tourism firms in Phu Tho province, Vietnam. The results support the general hypothesis that active government involvement, both managerial and developmental, is positively related to the investment intention of small tourism firms. The research demonstrates that policy and operation implementation along with public investment in generating local tourism demand of local government have the most robust effects on these firms' investment decisions, among other factors.(original abstract)

Słowa kluczowe

EN

Private enterprises investments; Small business; Tourism; Local government interventionism

PL

Inwestycje przedsiębiorstw prywatnych; Małe i średnie przedsiębiorstwa; Turystyka; Interwencjonizm władz lokalnych

• Czasopismo: Economics & Sociology
• Rocznik: 2018
• Tom: 11
• Numer: nr 2
• Strony: 97--111

Twórcy

autor

Ho Chi Dung

• Vietnam National University, University of Economics and Business, Hanoi, Vietnam,

autor

Pham Thi Kim Thanh

• National Economics University, Hanoi, Vietnam

autor

Dinh Van Oanh

• National Economics University, Hanoi, Vietnam

autor

Nguyen Hoai Long

• National Economics University, Hanoi, Vietnam

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Identyfikatory

DOI

10.14254/2071-789X.2018/11-2/7