Award Date

12-1-2022

Degree Type

Professional Paper

Degree Name

Master of Hospitality Administration

Department

William F. Harrah College of Hospitality

First Committee Member

Dr. Robert Rippee

Number of Pages

39

Abstract

Hospitality businesses and innovative startups have faced extremely high failure rates. The author provides insights on the factors that impact startup failure in the hospitality industry after performing a deep analysis on innovation frameworks such as the diffusion of innovation theory, the theory of disruptive innovation, and the ten types of innovation framework. Not only that, the author also provides insights based on their own personal experience and knowledge gained through education at the University of Las Vegas, Nevada. The research explored in this paper revealed that startup failure is not based on one factor alone and how leaders in companies can spot various signs early on to save their companies from failing.

Keywords

Innovation; Startups; Innovators; Technology; S&P 500

Controlled Subject

Hospitality industry--Management

Disciplines

Hospitality Administration and Management | Technology and Innovation

File Format

pdf

File Size

653 KB

Degree Grantor

University of Nevada, Las Vegas

Language

English

Rights

IN COPYRIGHT. For more information about this rights statement, please visit http://rightsstatements.org/vocab/InC/1.0/

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