IDEAS home Printed from https://ideas.repec.org/a/eee/jbrese/v133y2021icp265-274.html
   My bibliography  Save this article

Sport entrepreneurship and value co-creation in times of crisis: The covid-19 pandemic

Author

Listed:
  • Ratten, Vanessa
  • da Silva Braga, Vitor Lélio
  • da Encarnação Marques, Carla Susana

Abstract

Drawing on sport entrepreneurship and service-dominated logic theory, this paper explores the association between networks, value co-creation and crises in the articulation of sport entrepreneurial ecosystems. Recently the sport industry has had to rapidly innovate due to the COVID-19 pandemic, so the aim of this study is to understand how it affects the dynamism of an entrepreneurial ecosystem. This means focusing on the opportunities for value co-creation necessitated in times of crisis through the creation of entrepreneurial opportunities. The data was collected through semi-structured interviews of sport managers within the sport entrepreneurial ecosystem during the COVID-19 crisis. This enabled detailed data to be obtained on how sport entrepreneurs were responding to change based on altering contextual conditions. The paper offers a way to understand the unique nature of the sport industry and the intricate nature of sport entrepreneurial ecosystems in times of crisis. Thereby the findings provide important insights into how the sport industry has responded to the COVID-19 pandemic through the existence of entrepreneurial ecosystems. This highlights that in times of crisis, the sport industry can utilise their unique entrepreneurial ecosystem in order to encourage proactive collaboration leading to value co-creation.

Suggested Citation

  • Ratten, Vanessa & da Silva Braga, Vitor Lélio & da Encarnação Marques, Carla Susana, 2021. "Sport entrepreneurship and value co-creation in times of crisis: The covid-19 pandemic," Journal of Business Research, Elsevier, vol. 133(C), pages 265-274.
  • Handle: RePEc:eee:jbrese:v:133:y:2021:i:c:p:265-274
    DOI: 10.1016/j.jbusres.2021.05.001
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0148296321003222
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.jbusres.2021.05.001?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Pera, Rebecca & Occhiocupo, Nicoletta & Clarke, Jackie, 2016. "Motives and resources for value co-creation in a multi-stakeholder ecosystem: A managerial perspective," Journal of Business Research, Elsevier, vol. 69(10), pages 4033-4041.
    2. Paloma Escamilla-Fajardo & Juan Manuel Núñez-Pomar & Ana María Gómez-Tafalla, 2020. "Exploring Environmental and Entrepreneurial Antecedents of Social Performance in Spanish Sports Clubs: A Symmetric and Asymmetric Approach," Sustainability, MDPI, vol. 12(10), pages 1-17, May.
    3. Massimiliano M. Pellegrini & Riccardo Rialti & Giacomo Marzi & Andrea Caputo, 2020. "Sport entrepreneurship: A synthesis of existing literature and future perspectives," International Entrepreneurship and Management Journal, Springer, vol. 16(3), pages 795-826, September.
    4. Yves Doz, 2011. "Qualitative research for international business," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 42(5), pages 582-590, June.
    5. Vanessa Ratten, 2012. "Guest editor's introduction: Sports entrepreneurship: towards a conceptualisation," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 4(1), pages 1-17.
    6. Florian Hemme & Dominic G. Morais & Matthew T. Bowers & Janice S. Todd, 2017. "Extending sport-based entrepreneurship theory through phenomenological inquiry," Sport Management Review, Taylor & Francis Journals, vol. 20(1), pages 92-104, January.
    7. Massimiliano M. Pellegrini & Riccardo Rialti & Giacomo Marzi & Andrea Caputo, 2020. "Correction to: Sport entrepreneurship: A synthesis of existing literature and future perspectives," International Entrepreneurship and Management Journal, Springer, vol. 16(3), pages 827-837, September.
    8. Paul Jones & Vanessa Ratten & Ted Hayduk, 0. "Sport, fitness, and lifestyle entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 0, pages 1-11.
    9. He, Hongwei & Harris, Lloyd, 2020. "The impact of Covid-19 pandemic on corporate social responsibility and marketing philosophy," Journal of Business Research, Elsevier, vol. 116(C), pages 176-182.
    10. Paul Jones & Vanessa Ratten & Ted Hayduk, 2020. "Sport, fitness, and lifestyle entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 16(3), pages 783-793, September.
    11. Kuckertz, Andreas & Brändle, Leif & Gaudig, Anja & Hinderer, Sebastian & Morales Reyes, Carlos Arturo & Prochotta, Alicia & Steinbrink, Kathrin M. & Berger, Elisabeth S.C., 2020. "Startups in times of crisis – A rapid response to the COVID-19 pandemic," Journal of Business Venturing Insights, Elsevier, vol. 13(C).
    12. Assiouras, Ioannis & Skourtis, George & Giannopoulos, Antonios & Buhalis, Dimitrios & Koniordos, Michalis, 2019. "Value co-creation and customer citizenship behavior," Annals of Tourism Research, Elsevier, vol. 78(C), pages 1-1.
    13. Storbacka, Kaj & Brodie, Roderick J. & Böhmann, Tilo & Maglio, Paul P. & Nenonen, Suvi, 2016. "Actor engagement as a microfoundation for value co-creation," Journal of Business Research, Elsevier, vol. 69(8), pages 3008-3017.
    14. Rachel Doern & Nick Williams & Tim Vorley, 2019. "Special issue on entrepreneurship and crises: business as usual? An introduction and review of the literature," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 31(5-6), pages 400-412, May.
    15. Kathrin M. Steinbrink & Elisabeth S.C. Berger & Andreas Kuckertz, 2020. "Top athletes’ psychological characteristics and their potential for entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 16(3), pages 859-878, September.
    16. Stephen L. Vargo & Robert F. Lusch, 2016. "Institutions and axioms: an extension and update of service-dominant logic," Journal of the Academy of Marketing Science, Springer, vol. 44(1), pages 5-23, January.
    17. Kumar Rakesh Ranjan & Stuart Read, 2016. "Value co-creation: concept and measurement," Journal of the Academy of Marketing Science, Springer, vol. 44(3), pages 290-315, May.
    18. Kirk, Colleen P. & Rifkin, Laura S., 2020. "I'll trade you diamonds for toilet paper: Consumer reacting, coping and adapting behaviors in the COVID-19 pandemic," Journal of Business Research, Elsevier, vol. 117(C), pages 124-131.
    19. Maura McAdam & Caren Crowley & Richard T. Harrison, 2020. "Digital girl: cyberfeminism and the emancipatory potential of digital entrepreneurship in emerging economies," Small Business Economics, Springer, vol. 55(2), pages 349-362, August.
    20. Verena Brinks & Oliver Ibert, 2020. "From Corona Virus to Corona Crisis: The Value of An Analytical and Geographical Understanding of Crisis," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 111(3), pages 275-287, July.
    21. Maura McAdam & Caren Crowley & Richard T. Harrison, 2020. "Correction to: Digital girl: cyberfeminism and the emancipatory potential of digital entrepreneurship in emerging economies," Small Business Economics, Springer, vol. 55(4), pages 1179-1179, December.
    22. Ratten, Vanessa & Babiak, Kathy, 2010. "The role of social responsibility, philanthropy and entrepreneurship in the sport industry," Journal of Management & Organization, Cambridge University Press, vol. 16(04), pages 482-487, September.
    23. W. H. Voorberg & V. J. J. M. Bekkers & L. G. Tummers, 2015. "A Systematic Review of Co-Creation and Co-Production: Embarking on the social innovation journey," Public Management Review, Taylor & Francis Journals, vol. 17(9), pages 1333-1357, October.
    24. Hemme, Florian & Morais, Dominic G. & Bowers, Matthew T. & Todd, Janice S., 2017. "Extending sport-based entrepreneurship theory through phenomenological inquiry," Sport Management Review, Elsevier, vol. 20(1), pages 92-104.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ali Zackery & Joseph Amankwah-Amoah & Zahra Heidari Darani & Shiva Ghasemi, 2022. "COVID-19 Research in Business and Management: A Review and Future Research Agenda," Sustainability, MDPI, vol. 14(16), pages 1-32, August.
    2. Matic Radenko M. & Gonzalez-Serrano María Huertas & Damnjanović Jelena & Maksimovic Branka & Papić-Blagojević Nataša & Milošević Isidora & Vuković Jovan, 2022. "Professional competencies development of sports science students: the need for more entrepreneurship education," Management & Marketing, Sciendo, vol. 17(s1), pages 426-448, October.
    3. Terstriep, Judith & David, Alexandra & Ruthemeier, Alexander & Elo, Maria, 2022. "The role of local embeddedness of transnational migrant start-ups in the COVID-19 crises: Examples from the Berlin start-up ecosystem," IAT Discussion Papers 22/05, Institut Arbeit und Technik (IAT), Westfälische Hochschule, University of Applied Sciences.
    4. Nylund, Petra A. & Ferràs-Hernández, Xavier & Pareras, Luis & Brem, Alexander, 2022. "The emergence of entrepreneurial ecosystems based on enabling technologies: Evidence from synthetic biology," Journal of Business Research, Elsevier, vol. 149(C), pages 728-735.
    5. González-Serrano, María Huertas & Alonso Dos Santos, Manuel & Sendra-Garcia, Javier & Calabuig, Ferran, 2023. "Sports entrepreneurship during COVID-19: Technology as an ally to maintain the competitiveness of small businesses," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    6. Ana-Irina Lequeux-Dincă & Amira-Andreea Sava & Camelia Teodorescu & Aurel Gheorghilaş & Mioara Clius, 2022. "Sport Event Tourism in Bucharest. UEFA EURO 2020 Case Study," Sustainability, MDPI, vol. 14(21), pages 1-29, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Vanessa Ratten & Paul Jones, 2020. "New challenges in sport entrepreneurship for value creation," International Entrepreneurship and Management Journal, Springer, vol. 16(3), pages 961-980, September.
    2. Vanessa Ratten & Paul Jones, 0. "New challenges in sport entrepreneurship for value creation," International Entrepreneurship and Management Journal, Springer, vol. 0, pages 1-20.
    3. González-Serrano, María Huertas & Alonso Dos Santos, Manuel & Sendra-Garcia, Javier & Calabuig, Ferran, 2023. "Sports entrepreneurship during COVID-19: Technology as an ally to maintain the competitiveness of small businesses," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    4. Paloma Escamilla-Fajardo & Juan Manuel Núñez-Pomar & Ana María Gómez-Tafalla, 2020. "Exploring Environmental and Entrepreneurial Antecedents of Social Performance in Spanish Sports Clubs: A Symmetric and Asymmetric Approach," Sustainability, MDPI, vol. 12(10), pages 1-17, May.
    5. Anthony Okoeguale, 2023. "Brand Value Co-creation Revisited: A Critical Review of Studies," Academic Journal of Interdisciplinary Studies, Richtmann Publishing Ltd, vol. 12, March.
    6. Paul Jones & Vanessa Ratten & Ted Hayduk, 0. "Sport, fitness, and lifestyle entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 0, pages 1-11.
    7. Ali Zackery & Joseph Amankwah-Amoah & Zahra Heidari Darani & Shiva Ghasemi, 2022. "COVID-19 Research in Business and Management: A Review and Future Research Agenda," Sustainability, MDPI, vol. 14(16), pages 1-32, August.
    8. Massimiliano M. Pellegrini & Riccardo Rialti & Giacomo Marzi & Andrea Caputo, 2020. "Sport entrepreneurship: A synthesis of existing literature and future perspectives," International Entrepreneurship and Management Journal, Springer, vol. 16(3), pages 795-826, September.
    9. Jonas Hammerschmidt & Fabian Eggers & Sascha Kraus & Paul Jones & Matthias Filser, 2020. "Entrepreneurial orientation in sports entrepreneurship - a mixed methods analysis of professional soccer clubs in the German-speaking countries," International Entrepreneurship and Management Journal, Springer, vol. 16(3), pages 839-857, September.
    10. Jonas Hammerschmidt & Fabian Eggers & Sascha Kraus & Paul Jones & Matthias Filser, 0. "Entrepreneurial orientation in sports entrepreneurship - a mixed methods analysis of professional soccer clubs in the German-speaking countries," International Entrepreneurship and Management Journal, Springer, vol. 0, pages 1-19.
    11. Razmdoost, Kamran & Alinaghian, Leila & Smyth, Hedley J., 2019. "Multiplex value cocreation in unique service exchanges," Journal of Business Research, Elsevier, vol. 96(C), pages 277-286.
    12. Yáñez-Valdés, Claudia & Guerrero, Maribel & Barros-Celume, Sebastián & Ibáñez, María J., 2023. "Winds of change due to global lockdowns: Refreshing digital social entrepreneurship research paradigm," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    13. Wenwen Shen & Yuankun Nie & Chao Long & Zibo Song & Qian Zhang & Decai Tang, 2022. "Research on the Mechanism of Collaborative Value Co-Creation of Enterprise–Science Community: A Case Study Based on the Green Brand Maoduoli," Sustainability, MDPI, vol. 14(22), pages 1-19, November.
    14. Haoyu Liu & Kim Hua Tan & Ajay Kumar & Sanjay Kumar Singh & Leanne Chung, 2022. "Value Co-creation in Sports Live Streaming Platforms : A Microfoundations Perspective," Post-Print hal-04325652, HAL.
    15. Mizan Rahman & Sunny Bose & Mujahid Mohiuddin Babu & Bidit Lal Dey & Sanjit Kumar Roy & Ben Binsardi, 2019. "Value Co-Creation as a Dialectical Process: Study in Bangladesh and Indian Province of West Bengal," Information Systems Frontiers, Springer, vol. 21(3), pages 527-545, June.
    16. Tiberiu Foris & Alina Simona Tecău & Camelia-Cristina Dragomir & Diana Foris, 2022. "The Start-Up Manager in Times of Crisis: Challenges and Solutions for Increasing the Resilience of Companies and Sustainable Reconstruction," Sustainability, MDPI, vol. 14(15), pages 1-20, July.
    17. He Huang, 2019. "How Does Information Transmission Influence the Value Creation Capability of a Digital Ecosystem? An Empirical Study of the Crypto-Digital Ecosystem Ethereum," Sustainability, MDPI, vol. 11(19), pages 1-16, September.
    18. Hammerschmidt, Jonas & Durst, Susanne & Kraus, Sascha & Puumalainen, Kaisu, 2021. "Professional football clubs and empirical evidence from the COVID-19 crisis: Time for sport entrepreneurship?," Technological Forecasting and Social Change, Elsevier, vol. 165(C).
    19. Re, Beatrice & Magnani, Giovanna, 2022. "Value co-creation in circular entrepreneurship: An exploratory study on born circular SMEs," Journal of Business Research, Elsevier, vol. 147(C), pages 189-207.
    20. Sanjit K. Roy & Gaganpreet Singh & Corey Hatton & Bidit Dey & Nisreen Ameen & Satish Kumar, 2023. "Customers’ motives to co-create in smart services interactions," Electronic Commerce Research, Springer, vol. 23(3), pages 1367-1400, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jbrese:v:133:y:2021:i:c:p:265-274. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jbusres .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.