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Success Factors on Which to Invest in Mega Sport Events: Lessons from the Past and Insights into the Future

Received: 20 June 2016     Accepted: 28 June 2016     Published: 21 July 2016
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Abstract

The aim of this paper is to define the broad conditions in the predisposition of the bid to host a mega sport event that allow: a) the success in the selection; b) the maximization of benefits in the pre, during and post-event phases; c) the environmental and social sustainability of touristic flows attracted by the event. The specific reference is to the Italian bid to host the 2024 Olympic Games in Rome, to which literature has not yet dedicated specific contributions. The methodology consists in a multiple case study regarding six mega events (four successful and two unsuccessful ones) specifically focused on the outcome of the bid and on the level of benefits achieved by local communities having hosted such events. The time horizon of the study concerns the short term in particular, but it also examines the implications in the medium / long term. The results consist in the identification of the best practices used in the cases under consideration -with particular reference to the ability of primary stakeholders to build effective relationships each other and with other stakeholders- and in their transposition, after the necessary adaptation to the political, social and infrastructural pre-existing conditions, to the suction of Rome to host the 2024 Olympic Games. Findings can be transferred to the various stakeholders of the event under design with the aim to provide a contribution of the scientific community to the best setting of the initiative with particular reference to the preparation of the bid.

Published in International Journal of Economics, Finance and Management Sciences (Volume 4, Issue 4)
DOI 10.11648/j.ijefm.20160404.14
Page(s) 190-198
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2016. Published by Science Publishing Group

Keywords

Olympic Games, Bidding Process, Sport Management, Government Support, Infrastructural Conditions

References
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Cite This Article
  • APA Style

    Giuseppe Vito, Alessandra Sorrentini, Davide Di Palma, Vincenzo Raiola, Maria Tabouras. (2016). Success Factors on Which to Invest in Mega Sport Events: Lessons from the Past and Insights into the Future. International Journal of Economics, Finance and Management Sciences, 4(4), 190-198. https://doi.org/10.11648/j.ijefm.20160404.14

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    ACS Style

    Giuseppe Vito; Alessandra Sorrentini; Davide Di Palma; Vincenzo Raiola; Maria Tabouras. Success Factors on Which to Invest in Mega Sport Events: Lessons from the Past and Insights into the Future. Int. J. Econ. Finance Manag. Sci. 2016, 4(4), 190-198. doi: 10.11648/j.ijefm.20160404.14

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    AMA Style

    Giuseppe Vito, Alessandra Sorrentini, Davide Di Palma, Vincenzo Raiola, Maria Tabouras. Success Factors on Which to Invest in Mega Sport Events: Lessons from the Past and Insights into the Future. Int J Econ Finance Manag Sci. 2016;4(4):190-198. doi: 10.11648/j.ijefm.20160404.14

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  • @article{10.11648/j.ijefm.20160404.14,
      author = {Giuseppe Vito and Alessandra Sorrentini and Davide Di Palma and Vincenzo Raiola and Maria Tabouras},
      title = {Success Factors on Which to Invest in Mega Sport Events: Lessons from the Past and Insights into the Future},
      journal = {International Journal of Economics, Finance and Management Sciences},
      volume = {4},
      number = {4},
      pages = {190-198},
      doi = {10.11648/j.ijefm.20160404.14},
      url = {https://doi.org/10.11648/j.ijefm.20160404.14},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20160404.14},
      abstract = {The aim of this paper is to define the broad conditions in the predisposition of the bid to host a mega sport event that allow: a) the success in the selection; b) the maximization of benefits in the pre, during and post-event phases; c) the environmental and social sustainability of touristic flows attracted by the event. The specific reference is to the Italian bid to host the 2024 Olympic Games in Rome, to which literature has not yet dedicated specific contributions. The methodology consists in a multiple case study regarding six mega events (four successful and two unsuccessful ones) specifically focused on the outcome of the bid and on the level of benefits achieved by local communities having hosted such events. The time horizon of the study concerns the short term in particular, but it also examines the implications in the medium / long term. The results consist in the identification of the best practices used in the cases under consideration -with particular reference to the ability of primary stakeholders to build effective relationships each other and with other stakeholders- and in their transposition, after the necessary adaptation to the political, social and infrastructural pre-existing conditions, to the suction of Rome to host the 2024 Olympic Games. Findings can be transferred to the various stakeholders of the event under design with the aim to provide a contribution of the scientific community to the best setting of the initiative with particular reference to the preparation of the bid.},
     year = {2016}
    }
    

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    T1  - Success Factors on Which to Invest in Mega Sport Events: Lessons from the Past and Insights into the Future
    AU  - Giuseppe Vito
    AU  - Alessandra Sorrentini
    AU  - Davide Di Palma
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    Y1  - 2016/07/21
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    JF  - International Journal of Economics, Finance and Management Sciences
    JO  - International Journal of Economics, Finance and Management Sciences
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    PB  - Science Publishing Group
    SN  - 2326-9561
    UR  - https://doi.org/10.11648/j.ijefm.20160404.14
    AB  - The aim of this paper is to define the broad conditions in the predisposition of the bid to host a mega sport event that allow: a) the success in the selection; b) the maximization of benefits in the pre, during and post-event phases; c) the environmental and social sustainability of touristic flows attracted by the event. The specific reference is to the Italian bid to host the 2024 Olympic Games in Rome, to which literature has not yet dedicated specific contributions. The methodology consists in a multiple case study regarding six mega events (four successful and two unsuccessful ones) specifically focused on the outcome of the bid and on the level of benefits achieved by local communities having hosted such events. The time horizon of the study concerns the short term in particular, but it also examines the implications in the medium / long term. The results consist in the identification of the best practices used in the cases under consideration -with particular reference to the ability of primary stakeholders to build effective relationships each other and with other stakeholders- and in their transposition, after the necessary adaptation to the political, social and infrastructural pre-existing conditions, to the suction of Rome to host the 2024 Olympic Games. Findings can be transferred to the various stakeholders of the event under design with the aim to provide a contribution of the scientific community to the best setting of the initiative with particular reference to the preparation of the bid.
    VL  - 4
    IS  - 4
    ER  - 

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Author Information
  • Department of Movement and Wellness Sciences, University of Naples Parthenope, Naples, Italy

  • Department of Movement and Wellness Sciences, University of Naples Parthenope, Naples, Italy

  • Department of Movement and Wellness Sciences, University of Naples Parthenope, Naples, Italy

  • Department of Movement and Wellness Sciences, University of Naples Parthenope, Naples, Italy

  • Department of Movement and Wellness Sciences, University of Naples Parthenope, Naples, Italy

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