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Title Business Models for Social Entrepreneurship in Tourism
ID_Doc 78401
Authors Daniele, R; Quezada, I
Title Business Models for Social Entrepreneurship in Tourism
Year 2017
Published
Abstract This chapter examines the business model construct as a possible tool to analyze how social enterprises create value for their stakeholders. In particular it identifies different operational models and examines how they are particularly relevant to tourism and hospitality. The chapter first reviews the extant literature on business models before moving on to examine their applicability to social enterprises. Key components of the business models are then analyzed in the context of tourism social enterprises. These include the identification of a value proposition, key resources, key networks, and an analysis of economic capital, revenue streams, cost structures, legal structures and marketing and distribution channels. The paper's conclusion argues for more extensive use of the business model construct by tourism social entrepreneurs to help them become more successful and sustainable. This will provide a more consistent approach to analyzing in-depth case studies of tourism social enterprises in the future.
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