Mega sport events as drivers of entrepreneurship: bridging the gap between economics and psychology Online publication date: Mon, 06-Mar-2023
by Ted Hayduk III
International Journal of Entrepreneurship and Small Business (IJESB), Vol. 48, No. 3, 2023
Abstract: Mega sport events (MSEs) are a growing domain for political, economic, and social discourse. Their scale and grandeur means that municipalities and businesses see them as opportunities to further their independent and joint objectives. Thus, there is continued interest in assessing the impact MSEs have on host regions. Scholarship has assessed MSEs using two perspectives: 1) the economic perspective, which assesses macro outcomes; 2) the psychic benefit perspective, which focuses on the micro level. Problematically, neither perspective examines theoretically congruent constructs. Thus, there is no holistic, multilevel framework for evaluating how MSEs affect host regions. This paper positions entrepreneurial orientation (EO) as a link between the two perspectives because EO originates at the micro level and has accumulative effects at the macro level. This framework has important practical implications for academics, policymakers, and entrepreneurs.
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