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Sharing Resources in the Festival and Even Space: Some Evidence from Ketapanrame Indonesia

Veny Megawati (), Hari Hananto, Ninik Juniati and Aluisius Hery Pratono
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Veny Megawati: University of Surabaya
Hari Hananto: University of Surabaya
Ninik Juniati: University of Surabaya
Aluisius Hery Pratono: University of Surabaya

A chapter in Proceedings of the 20th International Symposium on Management (INSYMA 2023), 2024, pp 486-493 from Springer

Abstract: Abstract Recently, the festival and event sector suffered from crisis and uncertainty. Therefore, economic resilience and environmental sustainability become central for academicians, practitioners, and policymakers. This article aims to explore how the tourism industry finds ways to reenergize festival and event activities by underpinning the dependent resource theory. Hence, this study adopts a case study approach to examine the festival and event activities. The results indicate that (1) sharing resources are a key element that allows the local artists can achieve the opportunity, (2) the local leader plays a pivotal role in generating opportunities by conducting a festival and even activity, (3) public asset management is essential that provides an equal opportunity for all players in festival and event sector. Overall, this article contributes to the discussion of dependent resource theory.

Keywords: festival and event sector; global crisis; stakeholder theory; resource dependence theory (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-244-6_70

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DOI: 10.2991/978-94-6463-244-6_70

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