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Revista Facultad de Ciencias Económicas: Investigación y Reflexión

versión impresa ISSN 0121-6805

Resumen

ARTEAGA ORTIZ, Jesús; PENA MIRANDA, David Daniel  y  FERNANDEZ DEL HOYO, Alfonso P.. An Approach to the Internationalization Process of Tourism Enterprises. Rev.fac.cienc.econ. [online]. 2023, vol.31, n.2, pp.117-136.  Epub 15-Dic-2023. ISSN 0121-6805.  https://doi.org/10.18359/rfce.6763.

The main objective of this research is to understand and forecast with greater accuracy the dynamics of internationalization in the tourism sector, focusing on the effects of two major factors influencing Foreign Direct Investment (FDI) flows: cultural distance and psychic distance, along with the application of one of the most widely used theories in this field, the Uppsala model. Within this theoretical framework, the study explains how tourism enterprises choose to invest in specific geographic locations over others. While numerous studies exist on internationalization regarding cultural distance, psychic distance, and the Uppsala model, the novelty of this work lies in its integrative approach that combines these three conceptual elements in its analysis of the tourism sector. This integration contributes to a deeper understanding of the behavioral patterns of this globally significant sector. Specifically, statistical analyses were conducted on tourism FDI flows data over the last 25 years in Spain. The results suggest that the tourism industry follows the Uppsala internationalization model. Consequently, it gradually shifts from countries with low psychic distance to those with higher distance as experience is gained. By identifying the levels of psychic distance in emerging tourism countries, strategists should be able to predict the direction of FDI in the coming years.

Palabras clave : Psychic Distance; Cultural Distance; Uppsala Model; FDI; Tourism.

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