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Patenting patterns in the tourism industry: Evidence from Italy
Author(s) -
Succurro Marianna,
Boffa Federico
Publication year - 2018
Publication title -
international journal of tourism research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.155
H-Index - 58
eISSN - 1522-1970
pISSN - 1099-2340
DOI - 10.1002/jtr.2203
Subject(s) - microdata (statistics) , tourism , hospitality , accommodation , hospitality industry , business , marketing , industrial organization , economic geography , economics , geography , population , demography , archaeology , neuroscience , sociology , census , biology
We study patent applications in the Italian hospitality sector. We analyze (a) the determinants of patenting behavior in the Italian accommodation sector and (b) the impact of innovation—measured through firms' patenting activity—on firms' performance. Using microdata from the Orbis database (Bureau van Dijk), we find that the firms' innovative performance in the Italian hospitality sector—measured through the number of successful patents applications—varies based on firms' size, age, intangible assets, and legal form. Moreover, patenting activity is positively and significantly associated to different measures of firms' performance.