Assessing access to finance for tourism development: entrepreneurial approach (original) (raw)
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2015
Tourism is a particular service sector, most complex socioeconomic phenomenon and one of the fastest growing sectors in the global economy that cares for realization of tourist needs. Between the dependencieson tourism products is a direct consequence of the characteristics of the tourist offer. On the other hand, the tourist offer creates the final products that are offered to customers. Of special importance is the study of factors that are influencing the tourist offer. The improvement of operations and the increase of the efficiency of the operations is a challenge for any enterprise. Basics of the successful operation of every enterprise are the constant establishing of new methods and forms of work. The development and establishing of the concept of corporate entrepreneurship in operation allows constant establishing of new forms of work, encouragement of teamwork and entrepreneurial concepts of behavior of the enterprises. Inthe applied part of the paper a survey will be cond...
Assessing tourism development: the case of Krusevo, Macedonia
2015
Tourism in Macedonia emerged as a major factor for regional and overall economic development, which can trigger growth and prosperity. However, some guidelines for sustainable development must be laid down in order to preserve resources, ensure complementarity between areas and define tourism development. This paper intends to assess the current, as well as to disentangle potentials for further tourism development of Krusevo, as a famous destinations in Macedonia. Moreover, it brings an analyses of major problems and underlying causes, as well as describes the weaknesses that need to be addressed. The focus is put on the major opportunities for improvements, particularly formulating the sector vision of change and the vision of change for products and services, as well as the identified interventions to reach the vision of change. In order to meet the research aims, the quantitative approach is mainly used by conducting a survey among four target groups, thus covering the demand and...
2017
Tourism is a measure of the development of the main factors that influence the outcome of socio-economic advancement. Since modern tourists are increasingly returning to nature and tradition, the development of rural tourism is associated with the representation of small enterprises, as an opportunity for creating an appropriate offer and a sustainable concept of economic development. Therefore, the rural tourism sector is one of the sectors that have the potential for fast and sustainable economic growth in the Republic of Macedonia and the Municipality of Gevgelija. The aim and subject of research in this paper is focused on studying the impact that the concept of modern entrepreneurship has in the development of rural tourism as an alternative form of tourism development in the Republic of Macedonia and the Municipality of Gevgelija. Practical research that will be carried out within this paper, the real situation from the aspect of the influence of the concept of contemporary en...
Opportunities for Development of Tourism and Small Enterprises in Dojran Municipality in Macedonia
Proceedings of the Singidunum International Tourism Conference - Sitcon 2015, 2015
Tourism is distinguished as a priority area of intervention in the municipality of Dojran. This is primarily due to its importance and the role in the economic development of the municipality and the fact that wider population and economic entities are involved in tourism. In terms of the activity performed, the majority of small enterprises in Dojran region or 57.5% are registered as enterprises for accommodation and realization of activities for preparing meals and serving food, 15% carry out trade entrepreneurial activity from the area of wholesale and retail trading, 7.8% produce plant and animal products and deal with hunting and services, fishery and aquaculture, 6.7% of small enterprises are pursuing entrepreneurial activities in the field of land transport and 4.3% of small enterprises are pursuing other entertainment activities. Part of the structures and capabilities that make tourism (tourism facilities and infrastructure, natural resources, etc.), represent strong side of the municipality, where the advantages should be used as a platform for taking measures and actions for its strengthening, and treats (unused touristic capacities, insufficiency of skilled labor, etc.) should be used to work on elimination of such occurrences and building a foundation for their improvement and transformation into strengths. The promotion of tourism and small-size enterprises in the municipality will affect the realization of other economic and social strategic goals, set out in other priority areas.
book-review-entrepreneurial-tourism-potential-and-current-issuesmalay-version-2167-0269-1000226.docx
The articles chosen in this book was written by the lecturers in public higher education institutions. This book is the result of a seminar jointly organized by the Faculty of Tourism and Hospitality with Institute of Entrepreneurship Development which was held in Langkawi in 2000. The book is very suitable to be read and studied by students, entrepreneurs, academics, policy makers and the general reader. The content of this book was devoted to current issues and challenges that become obstacles to a new era, the era of liberalization and globalization. The issues raised power to invite the readers, especially the entrepreneur thinking while providing a solid foundation for the need to succeed in the field of tourism entrepreneurship. The composition of the chapters in this book has been carefully arranged for the convenience of the reader. Entrepreneurs will be able to build a deep understanding and effective through the relationship between articles. In addition there are features that motivation is channeled through articles in order to leave an impression to the readers.
Entrepreneurship in Tourism and Financing through the Regional Operational Programme
Amfiteatru Economic, 17(38), pp. 180-194, 2015
The European Structural Funds have stood, as early as their very establishment back 1957, for a tool of economic and social harmonization of the Member States of the European Union. The comprehensive process of restructuring and reorganizing the process have led, in time, to emergence of new priority axis and key areas of intervention adapted to the real needs of the single European market. Whether aimed at developing the human resources, improving or creating the specific infrastructure or at fostering entrepreneurship, the Structural Funds have always pursued plugging in the development gaps at both regional and national level. In the depicted background, tourism appears as one of the priority areas for allocation of the European funding. Moreover, fostering entrepreneurship in tourism by allocating Structural Funds entails not only putting in place circumstances fostering establishment of new business entities, but also supporting any initiative which intends to enhance innovation and competitiveness of the existing companies. Further to the investigation of the current progress of the research in the industry, which relied on studies of both foreign and Romanian researchers, a niche has been articulated and become the topic of concern for this article. Thus, the main objective of the article is to determine the immediate effects of accessing the funds available under the Regional Operational Programme (ROP) for the tourism business environment, as a catalyst for entrepreneurship in the respective industry. Subsequent to researching the current economic context of tourism in terms of the specific indicators, a closer look was taken into the use of the Structural Funds under the ROP throughout the recently ended reporting period: 2007- 2013. The data produced was correlated with the SPSS econometrics software. The key outputs include the degree and intensity of the influence of these financial instruments on the tourism business environment, in the shape of future trends, and are listed in the closing section of this article.
Tourism Development in the Republic of North Macedonia in the Period 1991-2021
Journal of Economics and Business - Proceedings of the Faculty of Economics in East Sarajevo, 2024
The Republic of North Macedonian tourism development in the past 3 decades is characterized by oscillations caused as a result of different external and internal socio-economic and political conditions. Although the tourism development recorded a continuous increase in the analysed time frame, the whole period was characterized by constant challenges, limitations and threats while at the same time the competition got higher. In this context, the purpose of the paper is to present the main characteristics of tourism development in the The Republic of North Macedonia for the period 1991-2021.This research was designed according to defined tourism indicators with the aim to determine the causes and consequences of changes in tourism development. This will allow defining future strategic courses of action for increasing the level of the country’s tourism competitiveness. For this purpose, quantitative, qualitative and comparative approaches were applied in order to draw appropriate conclusions The research findings show that tourism in the analysed period played a rather small role in the country’s employment, investments and exports, while its share in the overall economic development is presented by an average of only 2,1% in the GDP. Hence, tourism is still not being recognized as an important driver of the country’s economic development. The gained research results are a good basis for conducting similar analyses related to Macedonia's opportunities for tourism development. The obtained findings will contribute to the widening of knowledge about the characteristics of tourism development in The Republic of North Macedonia. Keywords: tourism development, The Republic of North Macedonia, tourist destination, tourism indicators, tourism during transition.
Third REDETE Conference: ECONOMIC DEVELOPMENT AND ENTREPRENEURSHIP IN TRANSITION ECONOMIES: Challenges in the Business Environment, Barriers and Challenges for Economic and Business Development, 2014
After the 1991 there’s a period of development of the Republic of Macedonia on the principles of market economy. It is a period of economic transition and structural reforms in all spheres of the economic system and creation of a new integrated market economic system. Tourism, as part of the economic system of the country is evolving in a market conditions, and vast majority of the tourism organizations and enterprises (hotel accommodations, restaurants and other catering and accommodation facilities) are restructured from social to private enterprises; new hotels and other accommodation facilities were built but in most, they are smaller and most of the family business character. It is a very complex and unstable period which brings new changes in the development of the tourism industry, which contributed to the changes in the social sphere (reduction of employment, reduction of the actual amount of salaries etc,...). Therefore, the main objective of this research is to present the dynamics and degree of development of the tourism industry in the country in terms of market economy and the problems and perspectives in the development.
Investigating Tourism Development in Macedonia
GEOBALCANICA 2016, 2016
The study investigates the current level of tourism development in Macedonia by applying the Tourism Area Life Cycle (TALC) model. Moreover, it assesses the validity and applicability of this model with regard to the evolution of tourism expansion. The article explores several areas of government's role in the process of tourism growth at each TALC stage. The analysis is based on secondary data sources. The results point that tourism in Macedonia is in the development stage. The general findings indicate insufficiently developed tourist supply which is a must in tourism development. Finally, the study recommends practical remarks aimed at motivating key players in the tourism arena to focus their attention on identifying an effective framework for improving their current modest results and formulating sound economic and tourism policies.