IDEAS home Printed from https://ideas.repec.org/a/vrs/poicbe/v18y2024i1p2537-2547n1042.html
   My bibliography  Save this article

Economic Whirlwinds: Navigating the Business of Sports Through the COVID-19

Author

Listed:
  • Moiceanu Georgiana

    (National University of Science and Technology Politehnica Bucharest, Bucharest, Romania)

  • Jurubiță Geanin Georgian

    (National University of Science and Technology Politehnica Bucharest, Bucharest, Romania)

  • Popescu Mirona Ana Maria

    (National University of Science and Technology Politehnica Bucharest, Bucharest, Romania)

Abstract

Sport is a key sector in the global economy with a strong influence in almost every sphere of business interest. The pandemic of COVID-19 has for a time paralysed all major branches of the economy with effects that are still felt today in some sectors. Sport being a conglomerate of business and connections, new challenges have emerged for all relevant actors involved. From the suspension of leagues to the closure of stadiums, the once-thriving sports business found itself navigating uncharted territories. This article delves into the dynamic realm where the love for sports intersects with the complexities of commerce, exploring how the industry coped with unprecedented challenges and adapted to the ever-evolving global landscape. However, sport is a rather volatile field and able to adapt to economic challenges, for example football, basketball and tennis have managed through various strategies to cope with crisis situations. The pandemic has created new opportunities and transformed the economics of sport.

Suggested Citation

  • Moiceanu Georgiana & Jurubiță Geanin Georgian & Popescu Mirona Ana Maria, 2024. "Economic Whirlwinds: Navigating the Business of Sports Through the COVID-19," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 18(1), pages 2537-2547.
    • Handle: RePEc:vrs:poicbe:v:18:y:2024:i:1:p:2537-2547:n:1042
    DOI: 10.2478/picbe-2024-0213
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/picbe-2024-0213
    Download Restriction: no
    File URL: https://libkey.io/10.2478/picbe-2024-0213?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. 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.
    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. 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. Chen, Han & Wu, Linsheng, 2024. "Manager's entrepreneurial experience and firm innovation," Finance Research Letters, Elsevier, vol. 66(C).
    3. 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.
    4. 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.
    5. 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.
    6. 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.
    7. 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).

    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:18:y:2024:i:1:p:2537-2547:n:1042. 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.