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23682-ArticleText-73052-1-10-20190419

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Journal of Tourism & Hospitality Educa on 9 (2019) 74-87
Regulatory and social process
Social and regulatory process emphasizes the social, environmental and legal part 
of the business. In many cases, information technologies facilitate the compliance 
to social and regulatory process. Fuchs et al. (2009) indicated that the majority of 
today’s information and communication technology (ICT) impact studies 
disregard infrastructural, organizational and environmental factors typically 
responsible for successful e-business adoption. Use of e-participation for sustainable 
cultural tourism management is yet to be utilized (Chiabai et al., 2011). In this 
regards, a study revealed that satellite images or remote sensing data enable the 
investigation of eco-environmental changes (Wu & Chen, 2016). Sharing practices 
through social media appear as valuable articulations of sociability and emotional 
support (Munar & Jacobsen, 2014). The study finds limited studies related to this 
issue.
Value Creation and Competitive Advantage
Value creation is associated with the activities by which a firm is able to increase 
the value of goods or services to consumers. Competitive advantage enables the firm 
to create superior value for its customers that of customers get from its customers.
Value creation
Value is created by lowering cost such as Diaz-Chao et al. (2015) analyzed new co-
innovative sources of firm labor productivity or by adopting differentiation as Yepes
(2014) studied the restaurant tablet menus with color, light and other graphic features 
which showed a significant correlation to its perceived influence on food choices and 
also for attractiveness ranking. An appropriate diffusion of the ICTs in this sector can 
improve the social and economic impacts demonstrate how these factors affect the 
capacity of markets and destinations to meet and interact effectively in a global 
tourism environment (Minghetti & Buhalis, 2009). Cabiddu
et al. (2013) suggested 
that operators that achieve superior performance in
terms of appropriating value do 
so because of superior strategic fit with the objectives
of the value co-creation 
initiative, synergy with other members of the network, and
IT readiness to conduct 
business electronically.

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