ENTREPRENEURIAL ELEMENTS IN RURAL TOURISM - FINDINGS FROM PLS-SEM

The aim of this paper is to determine the interrelationship between innovation, proactivity and risk-taking, as a dimension of entrepreneurial orientation and their connection with relational capital, in order to indicate the entrepreneurial behavior that gives the best results for the development...

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Main Authors: Ljiljana Šobić, Nikola Bošković, Danijela Pantović
Format: Article
Language:English
Published: Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt 2023-06-01
Series:Ekonomika Poljoprivrede (1979)
Subjects:
Online Access:https://www.ea.bg.ac.rs/index.php/EA/article/view/2208
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author Ljiljana Šobić
Nikola Bošković
Danijela Pantović
author_facet Ljiljana Šobić
Nikola Bošković
Danijela Pantović
author_sort Ljiljana Šobić
collection DOAJ
description The aim of this paper is to determine the interrelationship between innovation, proactivity and risk-taking, as a dimension of entrepreneurial orientation and their connection with relational capital, in order to indicate the entrepreneurial behavior that gives the best results for the development of sustainable rural tourism. The research was conducted on the basis of questionnaires collected on the territory of the Republic of Serbia during the year 2022. The data were analyzed using the PLS-SEM method. The results show a positive relationship between proactivity and innovation, between relational capital and innovation, and proactivity and relational capital, while a positive relationship between risktaking and innovation and risk-taking and relational capital was not confirmed. Results provide important elements for making decisions about innovation and competitiveness of rural tourism destinations.
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publishDate 2023-06-01
publisher Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt
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spelling doaj.art-b0fd686d29b04dfb999e0ecbe7201dc22023-06-19T17:43:48ZengNaučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, BukureštEkonomika Poljoprivrede (1979)0352-34622334-84532023-06-0170210.59267/ekoPolj2302521SENTREPRENEURIAL ELEMENTS IN RURAL TOURISM - FINDINGS FROM PLS-SEM Ljiljana Šobić0Nikola Bošković1Danijela Pantović2University of Kragujevac, Faculty of EconomicsPhD student, University of Kragujevac, Faculty of Economics, Liceja Knezevine Srbije 3 st., 34000 Kragujevac, SerbiaUniversity of Kragujevac, Faculty of Economics, Liceja Knezevine Srbije 3 st., 34000 Kragujevac, SerbiaUniversity of Kragujevac, Faculty of Hotel Management and Tourism in Vrnjačka Banja, Vojvođanska st., 36210 Vrnjačka Banja, Serbia The aim of this paper is to determine the interrelationship between innovation, proactivity and risk-taking, as a dimension of entrepreneurial orientation and their connection with relational capital, in order to indicate the entrepreneurial behavior that gives the best results for the development of sustainable rural tourism. The research was conducted on the basis of questionnaires collected on the territory of the Republic of Serbia during the year 2022. The data were analyzed using the PLS-SEM method. The results show a positive relationship between proactivity and innovation, between relational capital and innovation, and proactivity and relational capital, while a positive relationship between risktaking and innovation and risk-taking and relational capital was not confirmed. Results provide important elements for making decisions about innovation and competitiveness of rural tourism destinations. https://www.ea.bg.ac.rs/index.php/EA/article/view/2208rural tourism areasinnovationsproactivityrisk-taskingentrepreneurship
spellingShingle Ljiljana Šobić
Nikola Bošković
Danijela Pantović
ENTREPRENEURIAL ELEMENTS IN RURAL TOURISM - FINDINGS FROM PLS-SEM
Ekonomika Poljoprivrede (1979)
rural tourism areas
innovations
proactivity
risk-tasking
entrepreneurship
title ENTREPRENEURIAL ELEMENTS IN RURAL TOURISM - FINDINGS FROM PLS-SEM
title_full ENTREPRENEURIAL ELEMENTS IN RURAL TOURISM - FINDINGS FROM PLS-SEM
title_fullStr ENTREPRENEURIAL ELEMENTS IN RURAL TOURISM - FINDINGS FROM PLS-SEM
title_full_unstemmed ENTREPRENEURIAL ELEMENTS IN RURAL TOURISM - FINDINGS FROM PLS-SEM
title_short ENTREPRENEURIAL ELEMENTS IN RURAL TOURISM - FINDINGS FROM PLS-SEM
title_sort entrepreneurial elements in rural tourism findings from pls sem
topic rural tourism areas
innovations
proactivity
risk-tasking
entrepreneurship
url https://www.ea.bg.ac.rs/index.php/EA/article/view/2208
work_keys_str_mv AT ljiljanasobic entrepreneurialelementsinruraltourismfindingsfromplssem
AT nikolaboskovic entrepreneurialelementsinruraltourismfindingsfromplssem
AT danijelapantovic entrepreneurialelementsinruraltourismfindingsfromplssem