ABSTRACT
After reading this chapter, you should be able to:
Understand broad meanings and the importance of innovation and entrepreneurship;
Recognize and explain social, cultural, economic, institutional and regulatory contexts of different industries’ innovation systems;
Gain a conceptual understanding of innovation systems in tourism;
Understand the most recent trends in tourism entrepreneurship and innovation;
Understand the power structures and relations in the process of tourism development and innovation; and
Identify the key features of Nordic tourism and the innovative models adopted to boost its development and growth.
