Innovative Opportunities for Small Businesses in Tourism and the Application of Ethical Moral Principles

  • Assoc. Prof. Dr. Zoran Pešić Higher education institution for applied studies of business ''Business'' Niš, Obrenovićeva 23, Niš, Serbia
  • Assoc. Prof. Dr. Zoran Cvetković Higher education institution for applied studies of business ''Business'' Niš, Obrenovićeva 23/6, Niš, Serbia
  • Assist. Prof. Dr. Dragan Marković Higher education institution for applied studies of business ''Business'' Niš, Obrenovićeva 23/6, Niš, Serbia
Keywords: tourism, small business, innovation, ethics

Abstract

The authors are starting from the thesis that the innovative possibilities of a small business in tourism are numerous, beginning from new content and processes to improvement of existing ones. At the same time, there are various obstacles whose overcoming requires creativity and inventiveness, as well as personal commitment. Obstacles are in limited financial, technical, and personal reasons, since small businesses are usually the property of one person or a smaller number of connected and close people. It was concluded that the innovation of small businesses can most be developed in tourism of special interests, where big businesses do not have big interest because of a smaller number of users, and that respect and personalization of ethical-moral principles additionally contribute to the development of small businesses.

References

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Published
2020-06-30
How to Cite
Pešić, Z., Cvetković , Z. and Marković, D. (2020) “Innovative Opportunities for Small Businesses in Tourism and the Application of Ethical Moral Principles”, Mednarodno inovativno poslovanje = Journal of Innovative Business and Management, 12(1), pp. 26-34. doi: 10.32015/JIBM/2020-12-1-4.
Section
Original article