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The complexity of decision-making processes and IoT adoption in accommodation SMEs

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Pappas, Nikolaos, Caputo, Antrea, Pellegrini, Massimiliano, Marzi, Giacomo and Michopoulou, Eleni (2021) The complexity of decision-making processes and IoT adoption in accommodation SMEs. Journal of Business Research, 131. pp. 573-583. ISSN 0148-2963

Item Type: Article

Abstract

The current competitive scenario is fast-moving toward an integration of sophisticated technological innovations, i.e. smart solutions, for hospitality, in particular the accommodation industry. Internet of Things (IoT) technologies are able to connect and let communicate different devices to craft a personalized customer experience. Given the undeniable impact for the hospitality sector, the decisions about adopting smart solutions is not always linear: benefits and limitations co-exist and need to be weighed against each other. By adopting a fuzzy-set Qualitative Comparative Analysis, this paper compares several decision-making factors that may influence the willingness to adopt IoT, surveying owners/managers in the Greek accommodation industry. Results show four sufficient solutions and the relative configurations: (i) a weighted evaluation of risks and opportunities; (ii) benefits to gain a competitive advantage; (iii) risks and barriers to innovate; and (iv) future technological necessities related to the increasing digitalization. An accurate discussion of theoretical and managerial implications is built upon these solutions.

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More Information

Depositing User: Nikolaos Pappas

Identifiers

Item ID: 13978
Identification Number: https://doi.org/10.1016/j.jbusres.2021.01.010
ISSN: 0148-2963
URI: http://sure.sunderland.ac.uk/id/eprint/13978
Official URL: https://www.sciencedirect.com/science/article/abs/...

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Catalogue record

Date Deposited: 13 Jan 2022 11:31
Last Modified: 25 Jan 2022 08:47

Contributors

Author: Nikolaos Pappas
Author: Antrea Caputo
Author: Massimiliano Pellegrini
Author: Giacomo Marzi
Author: Eleni Michopoulou

University Divisions

Faculty of Business, Law and Tourism

Subjects

Tourism > Hospitality
Tourism

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