IDEAS home Printed from https://ideas.repec.org/a/eee/jbrese/v136y2021icp667-677.html
   My bibliography  Save this article

Entrepreneurial ecosystems for developing the sports industry in European Union countries

Author

Listed:
  • González-Serrano, María Huertas
  • Crespo-Hervás, Josep
  • Pérez-Campos, Carlos
  • Calabuig, Ferran

Abstract

In recent years, the entrepreneurial ecosystem approach has gained particular interest worldwide for understanding the context of entrepreneurship at the macro level. However, although the sports sector is gaining importance in the European Union and can improve people's health, generate employment, and contribute to countries' GDP, no research from this perspective has been found. Thus, this paper aims to analyze the influence of different indicators related to innovation on European Union countries' shared sport-related GDP (last data available from 2012 were used). The results showed that 12 solutions could explain 76% of the cases of high levels of shared sport-related GDP. The most important solution is the combination of high levels of creativity*high levels of knowledge and technology*high levels of business* high levels of infrastructure*high levels of human capital and research (consistency: 0.80; raw coverage: 0.50). Finally, some guidelines to develop a sport entrepreneurial ecosystem are proposed.

Suggested Citation

  • González-Serrano, María Huertas & Crespo-Hervás, Josep & Pérez-Campos, Carlos & Calabuig, Ferran, 2021. "Entrepreneurial ecosystems for developing the sports industry in European Union countries," Journal of Business Research, Elsevier, vol. 136(C), pages 667-677.
  • Handle: RePEc:eee:jbrese:v:136:y:2021:i:c:p:667-677
    DOI: 10.1016/j.jbusres.2021.07.060
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0148296321005506
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.jbusres.2021.07.060?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. Robert J. Gordon, 2016. "The Rise and Fall of American Growth: The U.S. Standard of Living since the Civil War," Economics Books, Princeton University Press, edition 1, number 10544.
    2. Shqipe Gërguri-Rashiti & Veland Ramadani & Hyrije Abazi-Alili & Léo-Paul Dana & Vanessa Ratten, 2017. "ICT, Innovation and Firm Performance: The Transition Economies Context," Post-Print hal-02008550, HAL.
    3. Vanessa Ratten & Paul Jones, 0. "New challenges in sport entrepreneurship for value creation," International Entrepreneurship and Management Journal, Springer, vol. 0, pages 1-20.
    4. Yue Bao & Qi Miao & Ying Liu & Daniel Garst, 2016. "Human Capital, Perceived Domestic Institutional Quality And Entrepreneurship Among Highly Skilled Chinese Returnees," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 21(01), pages 1-21, March.
    5. Roundy, Philip T. & Bradshaw, Mike & Brockman, Beverly K., 2018. "The emergence of entrepreneurial ecosystems: A complex adaptive systems approach," Journal of Business Research, Elsevier, vol. 86(C), pages 1-10.
    6. Spilling, Olav R., 1996. "The entrepreneurial system: On entrepreneurship in the context of a mega-event," Journal of Business Research, Elsevier, vol. 36(1), pages 91-103, May.
    7. Erik Stam, 2015. "Entrepreneurial Ecosystems and Regional Policy: A Sympathetic Critique," European Planning Studies, Taylor & Francis Journals, vol. 23(9), pages 1759-1769, September.
    8. Ben Spigel, 2017. "The Relational Organization of Entrepreneurial Ecosystems," Entrepreneurship Theory and Practice, , vol. 41(1), pages 49-72, January.
    9. Klapper, Leora & Laeven, Luc & Rajan, Raghuram, 2006. "Entry regulation as a barrier to entrepreneurship," Journal of Financial Economics, Elsevier, vol. 82(3), pages 591-629, December.
    10. Acemoglu, Daron & Johnson, Simon & Robinson, James A., 2005. "Institutions as a Fundamental Cause of Long-Run Growth," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 6, pages 385-472, Elsevier.
    11. Zoltán J. Ács & Erkko Autio & László Szerb, 2015. "National Systems of Entrepreneurship: Measurement issues and policy implications," Chapters, in: Global Entrepreneurship, Institutions and Incentives, chapter 28, pages 523-541, Edward Elgar Publishing.
    12. Robert J. Barro, 1991. "Economic Growth in a Cross Section of Countries," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 407-443.
    13. Dubini, Paola, 1989. "The influence of motivations and environment on business start-ups: Some hints for public policies," Journal of Business Venturing, Elsevier, vol. 4(1), pages 11-26, January.
    14. Szerb, László & Aidis, Ruta & Acs, Zoltan J., 2013. "The Comparison of the Global Entrepreneurship Monitor and the Global Entrepreneurship and Development Index Methodologies," Foundations and Trends(R) in Entrepreneurship, now publishers, vol. 9(1), pages 1-142, January.
    15. Kerr, William R. & Nanda, Ramana, 2009. "Democratizing entry: Banking deregulations, financing constraints, and entrepreneurship," Journal of Financial Economics, Elsevier, vol. 94(1), pages 124-149, October.
    16. Autio, Erkko & Kenney, Martin & Mustar, Philippe & Siegel, Don & Wright, Mike, 2014. "Entrepreneurial innovation: The importance of context," Research Policy, Elsevier, vol. 43(7), pages 1097-1108.
    17. Pier Luigi Sacco & Giovanna Segre, 2009. "Creativity, Cultural Investment and Local Development: A New Theoretical Framework for Endogenous Growth," Advances in Spatial Science, in: Ugo Fratesi & Lanfranco Senn (ed.), Growth and Innovation of Competitive Regions, pages 281-294, Springer.
    18. Zoltan J. Acs & Saul Estrin & Tomasz Mickiewicz & László Szerb, 2018. "Entrepreneurship, institutional economics, and economic growth: an ecosystem perspective," Small Business Economics, Springer, vol. 51(2), pages 501-514, August.
    19. Ross Brown & Colin Mason, 2017. "Looking inside the spiky bits: a critical review and conceptualisation of entrepreneurial ecosystems," Small Business Economics, Springer, vol. 49(1), pages 11-30, June.
    20. Alexandra Tsvetkova, 2015. "Innovation, Entrepreneurship, and Metropolitan Economic Performance," Economic Development Quarterly, , vol. 29(4), pages 299-316, November.
    21. Anushree Tandon & Ashish Gupta & Puja Goel & Vinod Kumar Singh, 2020. "Impact of digitisation on entrepreneurial ecosystems: an Indian perspective," International Journal of Business and Globalisation, Inderscience Enterprises Ltd, vol. 25(2), pages 154-169.
    22. Leendertse, Jip & Schrijvers, Mirella & Stam, Erik, 2022. "Measure Twice, Cut Once: Entrepreneurial Ecosystem Metrics," Research Policy, Elsevier, vol. 51(9).
    23. Phillip Kim & Howard Aldrich & Lisa Keister, 2006. "Access (Not) Denied: The Impact of Financial, Human, and Cultural Capital on Entrepreneurial Entryin the United States," Small Business Economics, Springer, vol. 27(1), pages 5-22, August.
    24. T. D. Stanley & Hristos Doucouliagos & Piers Steel, 2018. "Does Ict Generate Economic Growth? A Meta†Regression Analysis," Journal of Economic Surveys, Wiley Blackwell, vol. 32(3), pages 705-726, July.
    25. Colin Mason & Ross Brown, 2013. "Creating good public policy to support high-growth firms," Small Business Economics, Springer, vol. 40(2), pages 211-225, February.
    26. Boris Urban, 2016. "Empirical Evidence On The Influence Of The Institutional Environment On Venture Innovation Performance In South Africa," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 21(02), pages 1-14, June.
    27. 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.
    28. Martin Feldstein, 2017. "Underestimating the Real Growth of GDP, Personal Income, and Productivity," Journal of Economic Perspectives, American Economic Association, vol. 31(2), pages 145-164, Spring.
    29. Erik Stam, 2013. "Knowledge and entrepreneurial employees: a country-level analysis," Small Business Economics, Springer, vol. 41(4), pages 887-898, December.
    30. Philippe Aghion, 2005. "Growth and Institutions," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 32(1), pages 3-18, March.
    31. Asteriou, D. & Agiomirgianakis, G. M., 2001. "Human capital and economic growth: Time series evidence from Greece," Journal of Policy Modeling, Elsevier, vol. 23(5), pages 481-489, July.
    32. Antonio Jesús Sánchez-Oliver & Pablo Gálvez-Ruiz & Moisés Grimaldi-Puyana & Jesús Fernández-Gavira & Jerónimo García-Fernández, 2019. "New ways of sports entrepreneurship in the university," Journal of Entrepreneurship and Public Policy, Emerald Group Publishing Limited, vol. 8(1), pages 5-21, September.
    33. Angelo Cavallo & Antonio Ghezzi & Raffaello Balocco, 2019. "Entrepreneurial ecosystem research: present debates and future directions," International Entrepreneurship and Management Journal, Springer, vol. 15(4), pages 1291-1321, December.
    34. Garett Jones & W. Schneider, 2006. "Intelligence, Human Capital, and Economic Growth: A Bayesian Averaging of Classical Estimates (BACE) Approach," Journal of Economic Growth, Springer, vol. 11(1), pages 71-93, March.
    35. Rolf Sternberg, 2007. "Entrepreneurship, Proximity And Regional Innovation Systems," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 98(5), pages 652-666, December.
    36. Erik Stam & Andrew Ven, 2021. "Entrepreneurial ecosystem elements," Small Business Economics, Springer, vol. 56(2), pages 809-832, February.
    37. José Fernández-Serrano & Vanessa Berbegal & Francisco Velasco & Alfonso Expósito, 2018. "Efficient entrepreneurial culture: a cross-country analysis of developed countries," International Entrepreneurship and Management Journal, Springer, vol. 14(1), pages 105-127, March.
    38. Nina Czernich & Oliver Falck & Tobias Kretschmer & Ludger Woessmann, 2011. "Broadband Infrastructure and Economic Growth," Economic Journal, Royal Economic Society, vol. 121(552), pages 505-532, May.
    39. William R. Kerr & Ramana Nanda, 2009. "Financing Constraints and Entrepreneurship," Harvard Business School Working Papers 10-013, Harvard Business School.
    40. Leslie Williams & Stephen McGuire, 2010. "Economic creativity and innovation implementation: the entrepreneurial drivers of growth? Evidence from 63 countries," Small Business Economics, Springer, vol. 34(4), pages 391-412, May.
    41. Shuai Shao & Zhigao Hu & Jianhua Cao & Lili Yang & Dabo Guan, 2020. "Environmental Regulation and Enterprise Innovation: A Review," Business Strategy and the Environment, Wiley Blackwell, vol. 29(3), pages 1465-1478, March.
    42. Moro, Andrea & Maresch, Daniela & Fink, Matthias & Ferrando, Annalisa & Piga, Claudio, 2020. "Spillover effects of government initiatives fostering entrepreneurship on the access to bank credit for entrepreneurial firms in Europe," Journal of Corporate Finance, Elsevier, vol. 62(C).
    43. Devi R. Gnyawali & Daniel S. Fogel, 1994. "Environments for Entrepreneurship Development: Key Dimensions and Research Implications," Entrepreneurship Theory and Practice, , vol. 18(4), pages 43-62, July.
    44. Roundy, Philip T. & Brockman, Beverly K. & Bradshaw, Mike, 2017. "The resilience of entrepreneurial ecosystems," Journal of Business Venturing Insights, Elsevier, vol. 8(C), pages 99-104.
    45. Sascha Kraus & Domingo Ribeiro-Soriano & Miriam Schüssler, 2018. "Fuzzy-set qualitative comparative analysis (fsQCA) in entrepreneurship and innovation research – the rise of a method," International Entrepreneurship and Management Journal, Springer, vol. 14(1), pages 15-33, March.
    46. Mark Heuer, 2011. "Ecosystem cross‐sector collaboration: conceptualizing an adaptive approach to sustainability governance," Business Strategy and the Environment, Wiley Blackwell, vol. 20(4), pages 211-221, May.
    47. David Audretsch & Diana Heger & Tobias Veith, 2015. "Infrastructure and entrepreneurship," Small Business Economics, Springer, vol. 44(2), pages 219-230, February.
    48. Xaver Neumeyer & Susana C. Santos & Michael H. Morris, 2019. "Who is left out: exploring social boundaries in entrepreneurial ecosystems," The Journal of Technology Transfer, Springer, vol. 44(2), pages 462-484, April.
    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. 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.
    2. Xinze Li & Ronghui Yu & Chenjie Yan & Hongwei Xie, 2022. "A Study on the Path to the Sustainable Development of Sports-Consuming Cities—A Qualitative Comparative Analysis of Fuzzy Sets Based on Data from 35 Cities in China," IJERPH, MDPI, vol. 19(16), pages 1-14, August.

    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. Erik Stam & Andrew Ven, 2021. "Entrepreneurial ecosystem elements," Small Business Economics, Springer, vol. 56(2), pages 809-832, February.
    2. Bernd Wurth & Erik Stam & Ben Spigel, 2022. "Toward an Entrepreneurial Ecosystem Research Program," Entrepreneurship Theory and Practice, , vol. 46(3), pages 729-778, May.
    3. Angelo Cavallo & Antonio Ghezzi & Raffaello Balocco, 2019. "Entrepreneurial ecosystem research: present debates and future directions," International Entrepreneurship and Management Journal, Springer, vol. 15(4), pages 1291-1321, December.
    4. Leendertse, Jip & Schrijvers, Mirella & Stam, Erik, 2022. "Measure Twice, Cut Once: Entrepreneurial Ecosystem Metrics," Research Policy, Elsevier, vol. 51(9).
    5. Theodoraki, Christina & Dana, Léo-Paul & Caputo, Andrea, 2022. "Building sustainable entrepreneurial ecosystems: A holistic approach," Journal of Business Research, Elsevier, vol. 140(C), pages 346-360.
    6. F.C. Stam & Andrew van de Ven, 2018. "Entrepreneurial Ecosystems: A Systems Perspective," Working Papers 18-06, Utrecht School of Economics.
    7. David Bruce Audretsch & Maksim Belitski & Georg Maximilian Eichler & Erich Schwarz, 2024. "Entrepreneurial ecosystems, institutional quality, and the unexpected role of the sustainability orientation of entrepreneurs," Small Business Economics, Springer, vol. 62(2), pages 503-522, February.
    8. Quoc Hoang Thai & Khuong Ngoc Mai & Tung Thanh Do, 2023. "An Evolution of Entrepreneurial Ecosystem Studies: A Systematic Literature Review and Future Research Agenda," SAGE Open, , vol. 13(1), pages 21582440231, March.
    9. F.C. Stam & Ben Spigel, 2016. "Entrepreneurial Ecosystems," Working Papers 16-13, Utrecht School of Economics.
    10. Zhe Cao & Xianwei Shi, 2021. "A systematic literature review of entrepreneurial ecosystems in advanced and emerging economies," Small Business Economics, Springer, vol. 57(1), pages 75-110, June.
    11. Bessagnet, Arnauld & Crespo, Joan & Vicente, Jérôme, 2021. "Unraveling the multi-scalar and evolutionary forces of entrepreneurial ecosystems: A historical event analysis applied to IoT Valley," Technovation, Elsevier, vol. 108(C).
    12. Jianhong Zhang & Désirée Gorp & Henk Kievit, 2023. "Digital technology and national entrepreneurship: An ecosystem perspective," The Journal of Technology Transfer, Springer, vol. 48(3), pages 1077-1105, June.
    13. Komlósi, Éva & Sebestyén, Tamás & Tóth-Pajor, Ákos & Bedő, Zsolt, 2022. "Do specific entrepreneurial ecosystems favor high-level networking while others not? Lessons from the Hungarian IT sector," Technological Forecasting and Social Change, Elsevier, vol. 175(C).
    14. Chaudhary, Sanjay & Kaur, Puneet & Ferraris, Alberto & Bresciani, Stefano & Dhir, Amandeep, 2024. "Connecting entrepreneurial ecosystem and innovation. Grasping at straws or hitting a home run?," Technovation, Elsevier, vol. 130(C).
    15. Daniel Sunghwan Cho & Paul Ryan & Giulio Buciuni, 2022. "Evolutionary entrepreneurial ecosystems: a research pathway," Small Business Economics, Springer, vol. 58(4), pages 1865-1883, April.
    16. Pedro Torres & Pedro Godinho, 2022. "Levels of necessity of entrepreneurial ecosystems elements," Small Business Economics, Springer, vol. 59(1), pages 29-45, June.
    17. Francesco Perugini, 2023. "Space–time analysis of entrepreneurial ecosystems," The Journal of Technology Transfer, Springer, vol. 48(1), pages 240-291, February.
    18. Guo-Hua Cao & Jing Zhang, 2021. "Is a sustainable loop of economy and entrepreneurial ecosystem possible? a structural perspective," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(5), pages 7002-7040, May.
    19. Robertson, Jeandri & Pitt, Leyland & Ferreira, Caitlin, 2020. "Entrepreneurial ecosystems and the public sector: A bibliographic analysis," Socio-Economic Planning Sciences, Elsevier, vol. 72(C).
    20. Angelo Cavallo & Alessandra Colombelli & Elettra D’Amico & Emilio Paolucci, 2023. "“Balanced” or “polarized” entrepreneurial ecosystem types? Evidence from Italy," The Journal of Technology Transfer, Springer, vol. 48(5), pages 1860-1889, October.

    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:136:y:2021:i:c:p:667-677. 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.