The Impact of Cloud Technology on Entrepreneurship in the Hospitality Industry
DOI:
https://doi.org/10.47672/jht.2431Keywords:
Cloud Computing(O33,L86), Hospitality Industry(L83), Entrepreneurship(L26,M13), Operational Efficiency(D24,L23), Cost Reduction(D24,L14), Innovation(O31,O32)Abstract
Purpose: Cloud technology has significantly transformed modern business operations, particularly within the hospitality industry, by offering scalable, cost-effective, and flexible computing solutions. This paradigm shift has democratized access to advanced tools and services, thereby enhancing operational efficiency and competitive capability for entrepreneurs. This integrative paper examines the impact of cloud computing on entrepreneurship within the hospitality sector, focusing on operational efficiency, cost structures, scalability, and innovation.
Materials and Methods: By employing the Resource-Based View (RBV) and Innovation Diffusion Theory (IDT), this integrative study provides a framework for understanding how cloud technology enhances competitive advantage and adoption patterns.
Findings: Through a comprehensive review of literature and case studies, this study identifies and addresses critical research gaps, including the limited empirical evidence on the long-term effects of cloud technology on business growth, sustainability, and competitive advantage. It also highlights the need for further exploration of regional differences in cloud technology adoption, particularly in emerging markets, and underscores the insufficient exploration of security and privacy concerns, advocating for more detailed research on cloud security models. Moreover, the study seeks to bridge gaps in understanding how cloud technology drives innovation in service delivery and customer experience.
Implications to Theory, Practice and Policy: Policy contributions from this study include recommending targeted guidelines for secure cloud adoption, strategies for addressing regional disparities in cloud technology implementation, and policy frameworks that support innovation while safeguarding data privacy. Recommendations for entrepreneurs include strategically adopting cloud solutions, investing in staff training, and continuously monitoring cloud-related expenses. This study ultimately contributes to a nuanced understanding of cloud technology’s role in shaping entrepreneurial practices and policies within the hospitality sector.
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