Business Commons^™

Climate Resources For Camping: A Resource-Based Theory Perspective, Christopher Craig, Siyao Ma, Song Feng

Faculty & Staff Research and Creative Activity

Camping is a salient economic contributor to nature-based tourism that is also beholden to the natural environment. Climate resources are the combination of naturally occurring meteorological variables of empirically observable importance to firm performance. Tourism climatologist are at the forefront of climate resource research, where investigations have been primarily empirically derived rather than guided by theory. Accordingly, we introduce climate resources to the management discipline’s resource-based theory, operationalizing climate resources as public goods in addition to other public goods like open access innovation. We investigate the value, rareness, and inimitability of climate resources at 36 managed United States National Park …