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Inherent factors of family business and transgenerational influencing tourism business in Malaysian islands

Ismail, Hairul Nizam and Mohd. Puzi, Mohd. Alif and Banki, Mohammed Bala and Yusoff, Nooraini (2019) Inherent factors of family business and transgenerational influencing tourism business in Malaysian islands. Journal of Tourism and Cultural Change, 17 (5). pp. 624-641. ISSN 1476-6825

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Official URL: http://dx.doi.org/10.1080/14766825.2018.1549058


There is an indication that the existence of transgeneration enterprise has unique ability as a ‘resilient factor’ in sustainable tourism development. It bridges the relationship between resilience and sustainability. This paper highlight evidences of the relationship using two successful case studies of Small-Medium scale tourism enterprises on the islands in Malaysia, namely the islands of Langkawi and Tioman. The most important factors influencing successful family business in transgeneration enterprise by priority within the business wealth point of view are aspect of survival, followed by low-entry barriers, ‘passing the baton’, bridging relationship, ‘smallness’, and adapt and change. From the socioemotional wealth point of view, aspect of belonging followed by family welfare priorities, structural generation change, contextual embeddedness, attitude, informal decision making and friendly working environment influence the success of family business in transgeneration enterprises. Hence, sustainable tourism development in the context of local community empowerment might only be achieved once the ‘resilient factor’ is present or in place and ready at the tourism destination.

Item Type:Article
Uncontrolled Keywords:family business, resiliency, sustainable tourism, transgeneration enterprise
Subjects:H Social Sciences > H Social Sciences (General)
N Fine Arts > NA Architecture
Divisions:Built Environment
ID Code:87657
Deposited By: Yanti Mohd Shah
Deposited On:30 Nov 2020 09:06
Last Modified:30 Nov 2020 09:06

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