Sports Enterprises Research Articles

Research on the Impact Mechanism of Knowledge Spillover on the Growth of Small and Medium-sized Sports Enterprises

Background and Aim: In recent years, knowledge spillovers and enterprise innovation have become key drivers of the rapid development of small and medium-sized sports enterprises (SMEs) in China. This study conducted a questionnaire survey of 405 employees from SMEs using the snowball sampling method. The study focuses on how knowledge spillovers affect the development of SMEs in the sports industry and verifies the intrinsic links between knowledge spillovers, product innovation, model innovation, learning organizations, and firm growth variables. Materials and Methods: The study utilized SPSS 26.0 and AMOS 26.0 software for EFA and CFA. Additionally, the research hypotheses were tested using structural equation modeling with AMOS 26.0 software. Results: 1) Knowledge spillover, product innovation, model innovation, and learning organization all significantly enhance firm growth. 2)Learning organization, product innovation, and model innovation in SME sports enterprises mediate the effect of knowledge spillover on firm growth. 3)Learning organizations and product innovation, learning organizations, and model innovation in SMEs' sports enterprises jointly mediate the impact of knowledge spillovers on firm growth. 4)The study's results provide an in-depth analysis of how knowledge spillovers affect the development of SMEs through direct and indirect paths. This enriches the theory of sports enterprise development and helps promote enterprise growth. Conclusion: 1) Knowledge spillovers from SMEs directly boost enterprise growth. 2)Knowledge spillovers from SMEs can also indirectly enhance enterprise growth through factors like product innovation, model innovation, and learning organization. 3)Knowledge spillovers can further indirectly facilitate enterprise growth by influencing factors like enterprise learning organization, product innovation, and model innovation.

The Interplay Between Digital Artifacts and Value Creation in the Ecosystem Design

Since Satoshi Nakamoto's first publication of the Bitcoin whitepaper in 2008, blockchain based technologies has gradually permeated various aspects of our lives. From the emergence of cryptocurrencies like Bitcoin to the development of platforms such as Ethereum, and the rise of phenomena like NFTs and Fan Tokens, the impacts of this technology has been diverse. While speculation surrounding these innovations persists, there exist successful use cases that have breathed new life into industries and enhanced customer interaction with established brands. One such domain where this is evident is the sports industry. Historically, sports teams, particularly football clubs, have sought avenues to capitalize on their fan base, aiming to diversify revenue streams. The advent of Fan Tokens has facilitated this endeavour, allowing teams to monetize fan engagement effectively. Consequently, an exploratory study comprising multiple case analyses was undertaken to examine how digital artifacts, exemplified by Fan Tokens, contribute to value creation within an ecosystem, fostering innovation and monetization for sports enterprises. The findings of this study elucidate the correlation between the characteristics of digital artifacts and the sources of value creation within an ecosystem. Furthermore, they underscore how these characteristics catalyse the formation of such ecosystems, thus propelling innovation and revenue generation within the sports industry.

The Effect of Service Quality in Sports Businesses on Customer Satisfaction

Sports businesses need to improve their service quality to achieve their goals continuously. Enterprises that can achieve this will have a positive effect on customer satisfaction and will be able to sustain their existence and allow their businesses to grow. The problem statement of the research is "Is there a relationship between perceived service quality and customer satisfaction in sports businesses?". In this direction, the research aims to examine the relationship between service quality and customer satisfaction in enterprises in terms of different demographic variables. The population of the study consisted of 885 members who receive active service in Mugla Culture Art Sports Center and Trade LLC sports enterprises. The sample consisted of 375 people over the age of 18, 123 of whom were female and 252 of whom were male. To collect the data needed for the research, the personal information form prepared by the researchers, the Sports Facilities Customer Satisfaction Scale (SFCSS) developed by Yıldırım (2017), and the Fitness Centers Service Quality Scale (FCSQS) developed by Sevilmiş (2019) was used. The data were collected a face-to-face questionnaire technique. SPSS 26.0 package program was used to analyze the collected data. Frequency and percentage analyses were used to determine the demographic structure of the data. A T-test was used to investigate the relationship between two independent variables and a one-way analysis of variance (ANOVA) was used to examine the relationship between three or more variables. Statistical analyses were interpreted based on a p<0.05 significance level. The results of the analyses showed that the Cronbach Alpha values of the scales and sub-dimensions were highly reliable. The findings revealed a strong and positive relationship between service quality and customer satisfaction (r=0.613, p<0.01). This means that customer satisfaction increases with the increase in service quality in sports facilities.

How Does Digital Finance Affect Sports Enterprise Innovation? Evidence from Chinese Sports Listed Enterprises

In the context of the digital economy, digital finance has emerged as a new driving force for the sustainable and high-quality development of the sports industry. The sports industry promotes economic growth, social well-being, and environmental sustainability. However, the sustainable development of the sports industry faces challenges such as insufficient innovation and a lack of diverse financing channels. This study has investigated the impact of digital finance on sports enterprise innovation in China, focusing on the mediating role of financing constraints. Employing a panel dataset of 95 listed Chinese sports enterprises from 2011 to 2020, we conducted random-effects GLS regression and mediation analyses to examine the interrelationships among digital finance, financing constraints, and sports enterprise innovation. The empirical results have confirmed the positive role of digital finance in promoting sports enterprise innovation and alleviating financing constraints. Financing constraints negatively influence sports enterprise innovation and partially mediate the relationship between digital finance and innovation. The heterogeneity analyses have revealed that the impact of digital finance on innovation was more pronounced in the eastern region of China, and among both the major and small and mid-sized sports enterprises, with the latter potentially benefiting more. Our findings have highlighted the transformative potential of digital finance in driving inclusive innovation within the sports industry by providing accessible financing solutions and reducing information asymmetries. This study has contributed to the literature on digital finance, financing constraints, and enterprise innovation in the sports industry context, offering valuable insights for sports enterprises, policymakers, and financial institutions in leveraging digital finance to foster innovation-driven growth.

Business strategy of for-profit-oriented sports enterprises in Hungary

AbstractMany sports organisations operate as non-profits, but the emphasis and role of for-profits in this sector cannot be avoided. Today, sports activities are connected to the business sector and generate profit, hence, sports sector is a decisive part of the economy. Sport profile companies differ in their organisational strategy formulation approach. The main focus was to learn more about their strategy approach and market behaviour. 350 sports business organisations were involved in a survey of 3,248 companies, and the Chi-square test, variance analysis, and principal component analysis were applied to the sample. Results showed that 75.7% of the responding sports companies had no written strategic plan. The availability of written strategies seemed to depend on the organisation's scale. The market-following behaviour was confirmed in the case of smaller sports enterprises. Fitness service providers appeared to follow a market-leading behaviour. Growth, investment, and development naturally emerged as essential factors for companies with higher sales revenue and operating sports facilities, and they were relatively less important in sports goods production and trade. Most of the results showed that in the sports business sector, large-scale organisations focus on strategic-related issues more than other players in the industry.

ANALYSIS ON OPERATION AND MANAGEMENT STRATEGY OF SMART UNIVERSITY GYMNASIUM IN CHINA

Introduction. With the continuous development of science and technology and the progress of society, the operation and management of smart sports venues has become an important topic in the new era. Smart sports stadium operation and management uses advanced technical means and management concepts, improve the operational efficiency and user experience of the stadium, to achieve sustainable development. Purpose. This paper will discuss the background and importance of the operation and management of smart sports venues, introduce the concept and characteristics of smart sports venues, put forward corresponding operation and management strategies, and analyze the challenges faced and solutions. Through in-depth research on the operation and management of smart sports venues, it can provide useful reference and guidance for the development of China's sports industry. Methods. Nowadays, the technical difficulties of mass sports are becoming more and more difficult, and the requirements for the quality level of sports services are becoming higher and higher, but the traditional sports infrastructure is difficult to provide the public with scientific and accurate technical guidance and high-quality sports services. Results. This leads to a certain contradiction between supply and demand in China's sports industry market, which restricts the development of mass sports. Such as table tennis, badminton, basketball, football and running are widely loved by the masses of sports, in fact, have higher technical requirements, if the technology is not in place, the action is not standard, not standard, it will not only affect the masses of sports exercise effect, but also may cause sports safety accidents. Conclusion. Through the construction of smart sports venues and the information upgrade of traditional sports infrastructure, it can accurately collect the relevant data information of public fitness, such as sports items, sports consumption, exercise time, and even the health indicators of people in the process of exercise. These data information can be shared by non-governmental sports organizations, sports enterprises, local sports departments and medical and health units through networking.

Evaluation of the Effects of the Covid-19 Outbreak on Private Sports Businesses in Batman Province: A Case Study

Purpose –In this study, it was aimed to evaluate the effects of the Covid-19 outbreak on private sports businesses in Batman province in Turkey. Design /methodology/ approach –The study population of this research, which was designed as qualitative research; During the Covid-19 pandemic process, includes a total of 13 private sports businesses serving in fitness-bodybuilding, sports-for-all-wellness and gymnastics branches under the supervision and supervision of the Provincial Directorate of Youth and Sports in Batman City Center. The data of the study were gathered through a semi-structured interview form. In the first part of the interview form consisting of three parts; there are questions about the personal information of the operators, in the second part; there are questions about the field of activity of the private sports business, and in the third part; there are five questions, four structured and one unstructured question. In order to ensure the internal validity of the research, the findings were reviewed by two experts in the field of sports business and management and the main themes were formed. Descriptive and content analysis techniques were utilized in the study. Findings –In the research, it was observed that private sports enterprises were affected by the Covid-19 pandemic in three main themes, namely "financial problems", "psychological problems" and "uncertainty", and nine sub-themes under these themes. Discussion –As a result, private sports enterprises were most negatively affected by the Covid-19 outbreak in economic terms. The pandemic caused the operators to experience psychological problems and uncertainty in business management.

Examining the Sustainability Strategies of Knowledge-Based Sports Enterprises Using the Three Branch Paradigm

Sustaining knowledge-based enterprises is a crucial aspect of entrepreneurship. The current research aims to rank the sustainability strategies of knowledge-based sports enterprises in the industry using the three branch theory. The research is a descriptive analysis and field study. The population consisted of experienced managers from leading knowledge-based sports enterprises. 14 individuals were chosen as the research sample via snowball selection. The research questionnaire consisted of a researcher-developed survey. The questionnaire was created as a strategy matrix with three branches and utilized the TOPSIS approach. Sustainability strategies of knowledge-based enterprises in the sports industry were identified by utilizing theoretical underpinnings from research and expert opinions. The researcher identified strategies from articles and finalized them by consulting an expert team. 10 solutions for ensuring the sustainability of knowledge-based sports enterprises were identified and finalized in this research. The TOPSIS technique was utilized to select the optimal strategy for ensuring the sustainability of knowledge-based enterprises in the sports industry. The research data analysis method was exclusively conducted utilizing TOPSIS. The research results indicated that the most significant factor, with a coefficient of 0.6736, is the reform of the tender and transaction system and the elimination of complex regulations related to the development of sports-based knowledge enterprises. DOI: https://doi.org/10.52783/pst.239

Racing With a Purpose: Sustainability in Formula E

This study examined the seasonal sustainability reporting of Formula E for its content, variation, and linearity. Formula E was chosen since it was built as a sustainable sport enterprise rather than one which integrated sustainability into existing operations and for the accessibility of its annual sustainability reports. Using an exploratory approach for content and variation, and the Green Waves of sport sustainability for linearity, eight seasons of sustainability reports from Formula E were collected and examined via content analysis. Findings revealed the major content areas for Formula E concerned event management, car design, and community engagement with these initiatives classified as internal or external efforts. Reports were inconsistent in their structure, language, scope, and focus. The Green Waves suggest that while some efforts progress, others may regress according to strategy or the initiative’s life cycle. Formula E is progressing overall in their sustainability efforts, but exemplifies the lack of an end point to sustainability efforts. It is suggested that better coordination could yield higher strategic success and recognition.

Study on the Corporate Social Responsibility Fulfillment and High-Quality Development of Sports Enterprises in China under Carbon Peaking and Carbon Neutrality Goals

Study on the Corporate Social Responsibility Fulfillment and High-Quality Development of Sports Enterprises in China under Carbon Peaking and Carbon Neutrality Goals

A tripartite evolutionary game analysis of sports data rights protection from the perspective of stakeholder.

The amount of data in the globe is increasing at an exponential rate, and the role of digital technology and data elements in the modern growth of China's sports business is becoming more significant. Disputes over sports data rights have grown in the international arena, with a special focus on how to preserve the sports data rights of key stakeholders. This study begins from the standpoint of stakeholders, constructs a tripartite evolutionary game model of the government, sports enterprises, and the public around the issue of sports data rights protection, investigates the behavioral evolutionary characteristics of each stakeholder and its stabilization strategies, simulates and analyzes the evolutionary stabilization strategies of the stakeholders in various situations using MATLAB, and proposes a compatible institution. According to the findings of this study, the cost of sports data governance, the cost of sports data sharing, the degree of sports data compliance use, the government incentive system, and the government regulation mechanism are the important elements impacting each stakeholder's behavioral decision-making. Based on the foregoing, the study proposes corresponding institutional strategies for governments to respond to the issue of sports data rights, which will be more conducive to the safe use of data for development and humanitarian action, as well as contribute to global sustainable development.

Analysis of Cross Border Acquisitions of Chinese Clothing Enterprises - Taking ANTA Sports as an Example

Against the backdrop of China's rapid economic development shifting towards high-quality development, many Chinese enterprises have the willingness and ability to develop cross-border. ANTA Sports, a sports brand in the clothing industry, is such a leading enterprise that has greatly increased brand value and revenue through cross-border acquisitions. It can be said that ANTA Sports has successfully moved from China to the world. This article analyzes the current research situation, recent acquisition trends of ANTA Sports, and the financial situation of the enterprise, and discovers the prominent characteristics of ANTA Sports cross-border acquisition and its positive impact on the development of ANTA Sports enterprise. It also draws some inspiration about the strategy, innovation and developing trend for the internationalization development of Chinese enterprises.

The Impact of Outdoor Sports Industry of COVID-19 in Changsha on Supply and Demand

The outdoor sports industry plays an essential leading role in developing the sports industry. Based on the essential characteristics and current development status of the outdoor sports industry in Changsha, the impact of COVID-19 on the demand and supply of the outdoor sports industry was studied. It is concluded that the demand side of the outdoor sports industry is affected by weather factors, high risks, competitive products generated by the progress of new technologies, epidemic prevention policies and related policies supporting outdoor sports development, and the transformation of people's pursuit of nature. On the supply side, it is mainly affected by the workforce shortage and innovative talents, limited site development, inadequate material supply, weakened entrepreneurial enthusiasm, and government policy support for entrepreneurship and small and medium-sized enterprises. In the face of hazards and opportunities, we should focus on improving the management and service level of outdoor sports enterprises, giving play to the function and role of sports social organizations, scientifically deploying major outdoor sports activities and event preparation, and enterprises to carry out self-rescue, and strengthening the long-term tracking research on the development of outdoor sports enterprises after the epidemic.

Configuration of Network Embedding and Financing Capability: Research on the Growth Path of Small and Medium-Sized Sports Enterprises Under the Heterogeneity of the Business Environment

Small and medium-sized sports enterprises are an important part of China’s sports industry market innovation, it provides a steady stream of motivation for improving the technological innovation capabilities and high-quality development of the sports industry. However, the problem of difficulty in financing and expensive financing is still the key to hindering the innovation and development of small and medium-sized enterprises. Limited by theoretical perspective and research methods, previous studies are difficult to guide small and medium-sized sports enterprises to achieve health and high-quality development. In order to promote the high-quality development of small and medium-sized sports enterprises, the research constructs the theoretical framework of network embeddedness-financing capability-enterprise performance, and uses fuzzy set Qualitative Comparative Analysis to explain the impact of network embeddedness and financing capability configuration on the performance under the concept of resource dependence and the heterogeneity of urban business environment. The results show that the enterprise should choose a suitable development model based on their own characteristics and the business environment they are located. The role of the business environment is crucial to the development of the enterprise. In the low business environment, the government should provide sufficient public services for them, and accelerate the transformation of high-quality development landing mode from cultivating enterprise network embedding and financing capability by enterprises to co-developing includes cities, financial industries and enterprises.

MANAGEMENT OF THE DEVERLOMENT OF SPORTS ORGANIZATIONS ON THE BASE OF COGNITIVE MODELING

The article defines the relationship between organizational changes and organizational development of enterprises that affect the formation of the decision-making system. The factors of the cognitive model of managing the organizational development of sports organizations and enterprises are considered, and the impact on the formation of the management system of organizational development based on cognitive modeling is studied. In today's turbulent times, every organization, including sports enterprises, seeks not only to survive but also to gain competitive advantages in order to maximize profits. One of the ways to overcome chaotic turbulent organizational changes in sports organizations and enterprises of various ownership and management forms is to identify the factors that affect this process. The application of various methods and tools in this area allows us to solve this pressing issue. The complexity of analyzing the processes of managing the organizational development of sports organizations with the diversity of activity sectors that are carried out and the establishment of relationships makes it impossible to isolate and thoroughly study individual phenomena. We believe that changes in sports organizations should be exclusively gradual and evolutionary. Especially the possibility of determining management decisions regarding the management of organizational development of such enterprises and organizations, taking into account the main processes that occur both in the internal and external environment of enterprises. It has been shown that the proposed approach to modeling the relationship between organizational changes and organizational development of enterprises and organizations allows a more effective management of the process of organizational development, taking into account the influence of various factors on decision-making. The practical implementation of the proposed approach will allow solving the problem of management of organizational development of sports organizations and enterprises of different forms of ownership and management.

Retracted: Construction of Competitive Advantage and Competitive Strategy Model of Sports Enterprises Based on Multicase Study and In-Depth Learning

Retracted: Construction of Competitive Advantage and Competitive Strategy Model of Sports Enterprises Based on Multicase Study and In-Depth Learning

Influence of general government expenditure on the development of sports entrepreneurship: The case of some OECD countries

The low level of the nation’s health and physical activity highlights the need to find additional mechanisms for the development of the sports sphere, one of which is to increase its financing. This paper aims to investigate how an increase in general government expenditure on recreation and sports affects sports entrepreneurship (turnover or gross premium written in the sports industry; value added at factor cost of sports enterprises; sports industry market size) and the share of the population involved in sports (as an indicator characterizing the development of sports). The study used the panel unit root test and fixed and random effects models. Modeling proved that the increase in general government expenditure on recreation and sports by 1% largely determines the increase in value added at factor cost of sports enterprises (by 5.48%). A significantly less effect is for turnover or gross premium written in the sports industry (by 0.85%), and the smallest is for the sports industry market size (by 0.4%). A 1% increase in general government expenditure on recreation and sport has the greatest impact in the Czech Republic (by 2.37%) and Slovakia (by 2.44%) and the least – in Australia (by 0.4%). The share of the population involved in sports is almost independent of general government expenditure on recreation and sports in all 10 OECD countries.

Innovation-Driven Policies, Corporate Governance Structure and Total Factor Productivity in Chinese Sports Sector: Evidence from Listed Sports Firms

The sports industry, an emerging industry with low pollution and low emissions, plays an important role in the sustainable development of human society. Using 489 observations from a panel of 128 sports firms listed on the New Third Board in China from 2015 to 2020, this study investigated the effects of three different innovation-driven policies on the total factor productivity of sports firms and the moderating role of governance structure on this relationship. The results showed that high-tech enterprise tax relief was an important policy tool to promote the total factor productivity of sports enterprises, but the direct effects of government subsidies and pre-tax deduction of R&D expenses were not significant. In addition, governance structure had a positive moderating effect on the relationship between innovation-driven policies and the total factor productivity of sports firms. The positive effect of the pre-tax deduction of R&D expenses policy was more significant for sports firms with larger and more independent boards of directors. This study provides new insight into innovation policy development for the sports industry by showing that corporate governance has a significant impact on the effectiveness of innovation-driven policies. Furthermore, the findings provide practical guidance for both managers and government–industry policymakers in the sports industry.

Retracted: Sports Enterprise Marketing and Financial Risk Management Based on Decision Tree and Data Mining.

[This retracts the article DOI: 10.1155/2021/7632110.].

A Random Forest Algorithm Based Customer Demand Forecasting Model for Sports Enterprises in the Real Economy

A Random Forest Algorithm Based Customer Demand Forecasting Model for Sports Enterprises in the Real Economy