Dynamic Service Innovation Strategy and Firm Profitability: Empirical Evidence from Hotel Businesses in Thailand
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Creator Sasichai Pimpan
Title Dynamic Service Innovation Strategy and Firm Profitability: Empirical Evidence from Hotel Businesses in Thailand
Contributor Prathanporn Jhundra-indra Saranya Raksong
Publisher Stamford International University
Publication Year 2561
Journal Title ASEAN Journal of Management & Innovation
Journal Vol. 5
Journal No. 1
Page no. p 76-87
Keyword Dynamic Service Innovation Strategy, Service Excellence, Service Advantage, Customer Fulfillment, Service Performance, Firm Profitability
URL Website http://ajmi.stamford.edu
Website title AJMI -ASEAN Journal of Management & Innovation
ISSN 2351-0307
Abstract This research aimed to study the relationship between dynamic service innovation strategy and firm profitability of hotels businesses in Thailand. Data were collected from 289 hotel business in Thailand. Hypothesized relationships amongst constructs were examined by regression analysis. The results indicate that customized service concentration is the most important dimension of dynamic service innovation strategy affecting all consequences. The hotels improve their management to cope with the concurrence because of a changing business environment. Hence, business operators must consider how to engage consumers in customized service concentration to be competitive in the industry. Furthermore, managerial and theoretical contributions, suggestions for further research, and a conclusion are provided in details.
ASEAN Journal of Management and Innovation

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