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Strategic resilience nexus: Connecting pioneering and sustainability orientations.
- Source :
- Business Strategy & the Environment (John Wiley & Sons, Inc); Dec2024, Vol. 33 Issue 8, p8784-8797, 14p
- Publication Year :
- 2024
-
Abstract
- This work analyzes, under a strategic approach, the role of organizational resilience (OR) in connecting pioneering orientation (PO) and sustainability orientation (SO), thus filling a significant and unexplored gap in the literature. The empirical study was conducted on a sample of 223 companies in the cultural tourism industry in Spain. The results show a total mediating effect of OR in the relationship between PO and SO in its economic, environmental, and social dimensions and a partial effect in the case of the cultural dimension. The study highlights the U‐shaped curvilinear relationship between PO and OR, reflecting a brake on the growth of OR when companies have a strong tendency to enter the market early. Companies should adopt the role of early followers to strengthen resilience and achieve a strong strategic commitment to sustainability. [ABSTRACT FROM AUTHOR]
- Subjects :
- CORPORATE sustainability
HERITAGE tourism
TOURISM
CULTURAL industries
SUSTAINABILITY
Subjects
Details
- Language :
- English
- ISSN :
- 09644733
- Volume :
- 33
- Issue :
- 8
- Database :
- Complementary Index
- Journal :
- Business Strategy & the Environment (John Wiley & Sons, Inc)
- Publication Type :
- Academic Journal
- Accession number :
- 181624509
- Full Text :
- https://doi.org/10.1002/bse.3943