How Important Is Stakeholder Collaboration in the MICE Industry: Antecedents and Outcomes of Supply Chain Integration

Tae-Hwan Yoon and Saerom Wang ()
Additional contact information
Tae-Hwan Yoon: Department of Hotel and Convention Management, Dong-Eui University, Busan 47340, Republic of Korea
Saerom Wang: Department of Hotel and Convention Management, Dong-Eui University, Busan 47340, Republic of Korea

Sustainability, 2023, vol. 15, issue 20, 1-19

Abstract: The MICE (meetings, incentives, conferences, and exhibitions) industry consists of various stakeholders and their collaboration is essential in achieving the success of the entities involved. Yet, limited attention has been paid in the literature to examining cooperation among them. Thus, this research intends to understand the impact of social capital on supply chain integration in the MICE industry and the influence of supply chain integration on corporate performance and MICE destination competitiveness. Based on purposive sampling to recruit respondents working in the MICE industry in Busan, Korea, surveys were distributed online and offline. A total of 158 valid samples were utilized for data analysis, in which partial least squares (PLS)-SEM was conducted. According to the results of this study, relational and cognitive social capital affects supply chain integration and enhanced supply chain integration leads to higher corporate performance and destination competitiveness. The findings unearth novel understanding regarding the importance and function of collaboration among stakeholders in the MICE industry, from the perspective of social capital and supply chain integration, that offers valuable theoretical and practical implications.

Keywords: MICE industry; social capital; supply chain integration; corporate performance; destination competitiveness (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2071-1050/15/20/14966/pdf (application/pdf)
https://www.mdpi.com/2071-1050/15/20/14966/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:15:y:2023:i:20:p:14966-:d:1261408

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().