Innovation capability and culture: How time orientation shapes owner–managers’ perceptions Innovation capability and culture: How time orientation shapes owner–managers’ perceptions

Muskat, B., Hörtnagl, T., Peters, M. & Zehrer, A. (2021). Innovation capability and culture: How time-orientation shapes owner-managers’ perceptions. Journal of Hospitality and Tourism Management, 47, 217-227, doi: 10.1016/j.jhtm.2021.03.018

Posted: 15 Jun 2021

See all articles by Birgit Muskat

Birgit Muskat

Australian National University - Research School of Management

Tanja Hörtnagl

Management Center Innsbruck (MCI)

Mike Peters

affiliation not provided to SSRN

Anita Zehrer

Management Center Innsbruck (MCI)

Date Written: May 13, 2021

Abstract

This study offers a cross-cultural perspective to better understand how time orientation shapes tourism small and medium enterprises’ (SMEs) innovation capability. We synthesise the extant literature and determine SME owner–managers’ internal and external innovation capability. Distinguishing between short- and long-term cultures and comparing data from Australian and German, Austrian and Swiss (DACH country cluster) SMEs, results confirm that perceptions of innovation capability vary across cultures. Results for SMEs in short term–oriented cultures show stronger appreciation for consumer orientation, creating prospective profit and staff incentives; by contrast, SMEs in long term–oriented cultures place higher value on accessible knowledge, commitment to learning, and adaptation. To effectively manage innovation capability in SMEs, we suggest a balanced approach of considering both short- and long-term factors. Acknowledging the scarcity of SMEs’ resources, we propose that owner-managers first focus on strengthening their internal organisational drivers of innovation to enhance their innovation capability. We also discuss implications for tourism policy, offer recommendations for the field of innovation research and note the study’s limitations.

Keywords: Innovation capability, SMEs, Time orientation, Long term– and short term–oriented culture, Australia, DACH country cluster

Suggested Citation

Muskat, Birgit and Hörtnagl, Tanja and Peters, Mike and Zehrer, Anita, Innovation capability and culture: How time orientation shapes owner–managers’ perceptions Innovation capability and culture: How time orientation shapes owner–managers’ perceptions (May 13, 2021). Muskat, B., Hörtnagl, T., Peters, M. & Zehrer, A. (2021). Innovation capability and culture: How time-orientation shapes owner-managers’ perceptions. Journal of Hospitality and Tourism Management, 47, 217-227, doi: 10.1016/j.jhtm.2021.03.018 , Available at SSRN: https://ssrn.com/abstract=3866002

Birgit Muskat (Contact Author)

Australian National University - Research School of Management ( email )

Canberra, 2600
Australia

HOME PAGE: http://https://cbe.anu.edu.au/about/staff-directory/dr-birgit-muskat

Tanja Hörtnagl

Management Center Innsbruck (MCI) ( email )

Universitaetsstr. 15
Innsbruck, 6020
Austria

Mike Peters

affiliation not provided to SSRN

Anita Zehrer

Management Center Innsbruck (MCI) ( email )

Universitaetsstr. 15
Innsbruck, 6020
Austria

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