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Sustainability 2018, 10(12), 4687; https://doi.org/10.3390/su10124687

Montenegro’s Road to Sustainable Tourism Growth and Innovation

1
Faculty of Economics, University of Montenegro, 81000 Podgorica, Montenegro
2
Faculty of Social Science, University of Slovenia, 1000 Ljubljana, Slovenia
*
Author to whom correspondence should be addressed.
Received: 31 October 2018 / Revised: 3 December 2018 / Accepted: 6 December 2018 / Published: 10 December 2018
(This article belongs to the Special Issue Services Sector Trade and Investment)
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Abstract

Tourism is the most important export sector in Montenegro, with a share of 22% of the total Gross Domestic Product (GDP) and a strong tendency toward growth. Tourism revenues contribute substantially to both the current account balance and employment. However, the current level of the tourist sector suffers from serious limitations. The switch from the current approach to tourism in Montenegro to a more sustainable tourism is only possible by becoming more innovative. Highlighting the importance of innovation in all its forms has been the motivation for our research. The application of the organizational, marketing, and design innovations of the Montenegrin tourism industry actors was examined in a survey, based on the Community Innovation Survey (CIS), with some necessary adaptations. The sample covered more than 70% of available tourism actors. The authors also analysed the experience from Slovenia, in particular the Slovenian example of the Bank of Tourism Potentials, finding this innovation potentially suitable for transfer to Montenegro. Based on the survey and analysis, the team designed certain recommendations for policy action that can be used as guidelines for policy makers. View Full-Text
Keywords: sustainable tourism growth; Montenegro; non-technological innovation; Slovenia; policy recommendations sustainable tourism growth; Montenegro; non-technological innovation; Slovenia; policy recommendations
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Cerović Smolović, J.; Janketić, S.; Jaćimović, D.; Bučar, M.; Stare, M. Montenegro’s Road to Sustainable Tourism Growth and Innovation. Sustainability 2018, 10, 4687.

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