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Extending the Resource-based View to the Mega-event: Entrepreneurial Rents and Innovation

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  • Dollinger, Marc J.
  • Li, Xueling
  • Mooney, Christine H.

Abstract

The resource-based view of the firm has previously been expanded by including relational rents and rent from network and alliance participation. This paper extends the Dyer-Singh-Lavie synthesis by considering the special circumstances arising from the relationships, alliances, and networks of a mega-event, using the Beijing Olympics as a case for our analyses. The mega-event that is organized as a cartel increases the pricing power of the participants, produces relational rent, and is an ideal venue to introduce innovations. We discuss six factors that can influence the rent creation and capture from a mega-event and offer related propositions: periodicity (Proposition 1), event location (Proposition 2), governance structure (Proposition 3), media coverage (Proposition 4), network connectivity (Proposition 5), and membership rules (Proposition 6). We identify four innovation types associated with such mega-events and contend that the same factors can affect the entrepreneurial rent creation and capture within these innovation types (Proposition 7).

Suggested Citation

  • Dollinger, Marc J. & Li, Xueling & Mooney, Christine H., 2010. "Extending the Resource-based View to the Mega-event: Entrepreneurial Rents and Innovation," Management and Organization Review, Cambridge University Press, vol. 6(2), pages 195-218, July.
    • Handle: RePEc:cup:maorev:v:6:y:2010:i:02:p:195-218_00
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    Cited by:

    1. Xin Huang & Koichi Nakagawa & Jie Li, 2017. "Effects of Top Management Team Characteristics on Corporate Charitable Activities: Evidence from the Board for Small and Medium-sized Enterprises in China," Discussion Papers in Economics and Business 17-30, Osaka University, Graduate School of Economics.
    2. Reuter, Ute, 2011. "Der relationale ressourcenbasierte Ansatz als Weiterentwicklung des ressourcenbasierten Ansatzes unter Einbezug externer Ressourcen," Research Papers on Innovation, Services and Technology 4/2011, University of Stuttgart, Institute of Business Administration, Department I - Institute of Research & Development and Innovation Management.
    3. Ted Hayduk, 2019. "Leveraging sport mega events for international entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 15(3), pages 857-881, September.
    4. Jensen, Jonathan A. & Cobbs, Joe B. & Turner, Brian A., 2016. "Evaluating sponsorship through the lens of the resource-based view: The potential for sustained competitive advantage," Business Horizons, Elsevier, vol. 59(2), pages 163-173.
    5. Krystian M. Zawadzki & Marcin Potrykus, 2023. "Stock Markets’ Reactions to the Announcement of the Hosts. An Event Study in the Analysis of Large Sporting Events in the Years 1976–2032," Journal of Sports Economics, , vol. 24(6), pages 759-800, August.
    6. B. Mathias & Sean Lux & T. Russell Crook & Chad Autry & Russell Zaretzki, 2015. "Competing Against the Unknown: The Impact of Enabling and Constraining Institutions on the Informal Economy," Journal of Business Ethics, Springer, vol. 127(2), pages 251-264, March.
    7. Roszkowska-Hołysz Dorota, 2014. "The economic value building creation in the group purchasing and sales organizations," Management, Sciendo, vol. 18(1), pages 1-10, May.
    8. Eijaz Ahmed Khan & Lynne Harris & Mohammed Quaddus, 2021. "The mediating role of personality traits on the entrepreneurial orientation–firm performance relationship: informal entrepreneurship context," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 11(1), pages 41-52, December.
    9. Ewa Stanczyk-Hugiet & Renata Strzelecka, 2015. "Strategic relationships of Real Estate Development Companies (Relacje strategiczne przedsiebiorstw deweloperskich)," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 13(50), pages 68-87.
    10. Nerine Mary George & Vinit Parida & Tom Lahti & Joakim Wincent, 2016. "A systematic literature review of entrepreneurial opportunity recognition: insights on influencing factors," International Entrepreneurship and Management Journal, Springer, vol. 12(2), pages 309-350, June.
    11. Isaac Kofi Mensah & Muhammad Khalil Khan & Deborah Simon Mwakapesa, 2023. "Factors determining the entrepreneurial intentions among Chinese university students: the moderating impact of student internship motivation," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-15, December.

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