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

Pappas N.
•
Caputo A.
•
Pellegrini M. M.
altro
Michopoulou E.
2021
  • journal article

Periodico
JOURNAL OF BUSINESS RESEARCH
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 are not always linear: benefits and limitations co-exist and need to be weighed against each other. By adopting fsQCA, 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 types of decision-making: (i) rational, a weighted evaluation of risks and opportunities; (ii) enthusiast, mostly highlighting benefits to gain a competitive advantage; (iii) cautious, emphasizing risks and barriers to innovate; and (iv) futurist, a consideration of future technological necessities related to the increasing digitalization.
DOI
10.1016/j.jbusres.2021.01.010
WOS
WOS:000652020000019
Archivio
http://hdl.handle.net/11368/2997196
info:eu-repo/semantics/altIdentifier/scopus/2-s2.0-85099620855
https://doi.org/10.1016/j.jbusres.2021.01.010
Diritti
open access
license:copyright editore
license:creative commons
license uri:http://creativecommons.org/licenses/by-nc-nd/4.0/
FVG url
https://arts.units.it/request-item?handle=11368/2997196
Soggetti
  • Accommodation

  • Decision-making

  • Fuzzy-set QCA

  • Hospitality

  • IoT

  • Smart solution

  • Tourism

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