The creation of shared value in the major sport event ecosystem: understanding the role of sponsors and hosts

Cook, David and Biscaia, Rui and Papadas, Karolos and Simkin, Lyndon and Carter, Libby (2021) The creation of shared value in the major sport event ecosystem: understanding the role of sponsors and hosts. European Sport Management Quarterly. ISSN 1618-4742

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Official URL: https://www.tandfonline.com/doi/full/10.1080/16184...

Abstract

Research question
Building on the growing demand for organisations to generate both economic and social value, this study explores the creation of shared value (CSV) by major sport events (MSEs) and their sponsors.

Research methods
Semi-structured interview data were collected from multinational, senior industry practitioners with a sponsorship remit. Template analysis was employed to generate a model of shared value creation that extends prior literature.

Results and findings
Findings indicate that sponsors and MSEs can utilise organisational capabilities, consistency and cultivation to create shared value. This process is boosted by a symbiotic relationship between MSEs and sponsor(s). The length of sponsorship also affects positive outcomes arising from CSV by a number of additional actors within the ecosystem, including host citizens, athletes, and consumers.

Implications
This study posits a model that advances the concept of CSV and its application within the context of MSEs. It contributes to developing enduring sponsor-MSE relationships aimed at creating a lasting footprint with a range of actors within their ecosystem. Also, the study provides nuanced insights for practitioners and academics about the importance of CSV.

Item Type:	Article
Identification Number:	10.1080/16184742.2021.1931394
Dates:	Date Event 13 May 2021 Accepted 27 May 2021 Published Online
Uncontrolled Keywords:	Creation of shared value, major sport events, actor engagement, service ecosystems, sponsorship
Subjects:	CAH17 - business and management > CAH17-01 - business and management > CAH17-01-04 - management studies
Divisions:	Faculty of Business, Law and Social Sciences > College of Accountancy, Finance and Economics Faculty of Business, Law and Social Sciences > College of Business, Digital Transformation & Entrepreneurship
Depositing User:	Libby Carter
Date Deposited:	28 May 2021 10:19
Last Modified:	20 Jun 2024 12:05
URI:	https://www.open-access.bcu.ac.uk/id/eprint/11702