IDEAS home Printed from https://ideas.repec.org/a/vrs/poicbe/v13y2019i1p647-654n57.html
   My bibliography  Save this article

Sustainable Entrepreneurship in the Romanian Sports Industry

Author

Listed:
  • Dan Mihaela-Cornelia

    (The Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

Sustainable entrepreneurship is a new business driven concept with the aim to increase both social and business value. The three pillars of sustainable entrepreneurship are people, profit and planet. The question that comes frequently in discussion is how businesses can mix these three and bring human beings in a balance with the nature by keeping the profit goal. Sports industry registered a huge increase in the last twenty years, including Romania, especially on the side of amateur sports people, usually employees who are seeing sports activity as a way of reaching the life-work balance and a way of destressing after a hard working day. Sports entrepreneurs observed very quickly the opportunity of this form of spending free time, especially through activities done outside in the nature and started to organize diverse events like mountain marathons, cross biking, duathlons etc. The novelty comes from the fact that many events, especially in Romania, have the component of “planet”. People are participating because e.g. part of the fee is financing ecological or social projects in different regions of the country. The aim of this paper is to analyze the concept of sustainable entrepreneurship in relation with different sports events and answer to some questions. How many organizers take into account the social part of the events? Are they more interested in ecological, social or other type of value? Participants decide where to go based on the social or ecological causes financed? Based on different research methods the author is outlining the typology of sports events at the amateur level in Romania and the interest of combining the profit with the social value goal. The results of the study might be of interest for several groups of stakeholders (public authorities, NGOs, companies, managers etc.) when developing public policies, proposing life-work balance programs and other measures aimed at stimulating sustainable entrepreneurship.

Suggested Citation

  • Dan Mihaela-Cornelia, 2019. "Sustainable Entrepreneurship in the Romanian Sports Industry," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 13(1), pages 647-654, May.
    • Handle: RePEc:vrs:poicbe:v:13:y:2019:i:1:p:647-654:n:57
    DOI: 10.2478/picbe-2019-0057
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/picbe-2019-0057
    Download Restriction: no
    File URL: https://libkey.io/10.2478/picbe-2019-0057?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
    ---><---

    References listed on IDEAS

    as
    1. Vanessa Ratten, 2015. "Athletes as entrepreneurs: the role of social capital and leadership ability," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 25(4), pages 442-455.
    2. Sanchita Bansal & Isha Garg & Gagan Deep Sharma, 2019. "Social Entrepreneurship as a Path for Social Change and Driver of Sustainable Development: A Systematic Review and Research Agenda," Sustainability, MDPI, vol. 11(4), pages 1-28, February.
    3. Sascha Kraus & Janina Burtscher & Christine Vallaster & Martin Angerer, 2018. "Sustainable Entrepreneurship Orientation: A Reflection on Status-Quo Research on Factors Facilitating Responsible Managerial Practices," Sustainability, MDPI, vol. 10(2), pages 1-21, February.
    4. Pedro Soto-Acosta & Diana-Maria Cismaru & Elena-Mădălina Vătămănescu & Raluca Silvia Ciochină, 2016. "Sustainable Entrepreneurship in SMEs: A Business Performance Perspective," Sustainability, MDPI, vol. 8(4), pages 1-12, April.
    5. Trin Thananusak, 2019. "Science Mapping of the Knowledge Base on Sustainable Entrepreneurship, 1996–2019," Sustainability, MDPI, vol. 11(13), pages 1-20, June.
    6. 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.
    7. William Young & Fiona Tilley, 2006. "Can businesses move beyond efficiency? The shift toward effectiveness and equity in the corporate sustainability debate," Business Strategy and the Environment, Wiley Blackwell, vol. 15(6), pages 402-415, November.
    8. Pacheco, Desirée F. & Dean, Thomas J. & Payne, David S., 2010. "Escaping the green prison: Entrepreneurship and the creation of opportunities for sustainable development," Journal of Business Venturing, Elsevier, vol. 25(5), pages 464-480, September.
    Full references (including those not matched with items on IDEAS)

    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. Trin Thananusak, 2019. "Science Mapping of the Knowledge Base on Sustainable Entrepreneurship, 1996–2019," Sustainability, MDPI, vol. 11(13), pages 1-20, June.
    2. Agnieszka Konys, 2019. "Towards Sustainable Entrepreneurship Holistic Construct," Sustainability, MDPI, vol. 11(23), pages 1-33, November.
    3. Matthias Filser & Sascha Kraus & Norat Roig-Tierno & Norbert Kailer & Ulrike Fischer, 2019. "Entrepreneurship as Catalyst for Sustainable Development: Opening the Black Box," Sustainability, MDPI, vol. 11(16), pages 1-18, August.
    4. Paul Sarango-Lalangui & Jane Lucia S. Santos & Esther Hormiga, 2018. "The Development of Sustainable Entrepreneurship Research Field," Sustainability, MDPI, vol. 10(6), pages 1-19, June.
    5. Paula Bajdor & Ilona Pawełoszek & Helena Fidlerova, 2021. "Analysis and Assessment of Sustainable Entrepreneurship Practices in Polish Small and Medium Enterprises," Sustainability, MDPI, vol. 13(7), pages 1-28, March.
    6. Yangfan Lu & Abdella Kosa Chebo & Shepherd Dhliwayo & Semu Bacha Negasa, 2022. "The Paradox in the Ecological Side of Corporate Entrepreneurship Sustainability: A Research Agenda and Policy Direction," Sustainability, MDPI, vol. 14(22), pages 1-18, November.
    7. Presley K. Wesseh & Boqiang Lin & Yixuan Zhang & Preslyn Sharon Wesseh, 2024. "Sustainable entrepreneurship: When does environmental compliance improve corporate performance?," Business Strategy and the Environment, Wiley Blackwell, vol. 33(4), pages 3203-3221, May.
    8. Seyed Meysam Zolfaghari Ejlal Manesh & Alex Rialp-Criado, 2019. "International ecopreneurs: The case of eco-entrepreneurial new ventures in the renewable energy industry," Journal of International Entrepreneurship, Springer, vol. 17(1), pages 103-126, March.
    9. Denise Fischer & Malte Brettel & René Mauer, 2020. "The Three Dimensions of Sustainability: A Delicate Balancing Act for Entrepreneurs Made More Complex by Stakeholder Expectations," Journal of Business Ethics, Springer, vol. 163(1), pages 87-106, April.
    10. Muñoz, Pablo & Dimov, Dimo, 2015. "The call of the whole in understanding the development of sustainable ventures," Journal of Business Venturing, Elsevier, vol. 30(4), pages 632-654.
    11. Francesca Ricciardi & Cecilia Rossignoli & Alessandro Zardini, 2021. "Grand challenges and entrepreneurship: Emerging issues, research streams, and theoretical landscape," International Entrepreneurship and Management Journal, Springer, vol. 17(4), pages 1673-1705, December.
    12. Brandon H. Lee & Panayiotis Panikos Georgallis & Jeroen Struben, 2022. "Sustainable entrepreneurship under market uncertainty," Post-Print hal-04325583, HAL.
    13. Séverine Le Loarne Lemaire & Meriam Razgallah & Adnane Maalaoui & Sascha Kraus, 2022. "Becoming a green entrepreneur: An advanced entrepreneurial cognition model based on a practiced-based approach," International Entrepreneurship and Management Journal, Springer, vol. 18(2), pages 801-828, June.
    14. Adijat Olubukola OLATEJU & Rasaq Akonji DANMOLA & Abubakar Wambai AMINU, 2020. "Sustainable Entrepreneurship and Sustainable Development in Nigeria: Prospects and Challenges," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 4(11), pages 372-377, November.
    15. Sciarelli Mauro & Cosimato Silvia & Landi Giovanni, 2020. "Benefit Corporations Approach to Environmental, Social and Governance Disclosure: A Focus on Italy," Entrepreneurship Research Journal, De Gruyter, vol. 10(4), pages 1-25, October.
    16. Diego Corrales-Garay & Eva-María Mora-Valentín & Marta Ortiz-de-Urbina-Criado, 2020. "Entrepreneurship Through Open Data: An Opportunity for Sustainable Development," Sustainability, MDPI, vol. 12(12), pages 1-25, June.
    17. Farah Ameer & Naveed R. Khan, 2020. "Manager’s Age, Sustainable Entrepreneurial Orientation and Sustainable Performance: A Conceptual Outlook," Sustainability, MDPI, vol. 12(8), pages 1-13, April.
    18. Chang Soo Sung & Joo Y. Park, 2018. "Sustainability Orientation and Entrepreneurship Orientation: Is There a Tradeoff Relationship between Them?," Sustainability, MDPI, vol. 10(2), pages 1-14, February.
    19. Albert Jolink & Eva Niesten, 2015. "Sustainable Development and Business Models of Entrepreneurs in the Organic Food Industry," Business Strategy and the Environment, Wiley Blackwell, vol. 24(6), pages 386-401, September.
    20. Nadia A. Abdelmegeed Abdelwahed & Bahadur Ali Soomro & Naimatullah Shah, 2022. "The Role of Environment, Business and Human Behavior towards Entrepreneurial Sustainability," Sustainability, MDPI, vol. 14(5), pages 1-17, February.

    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:vrs:poicbe:v:13:y:2019:i:1:p:647-654:n:57. 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: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    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.