THE ECONOMIC AND SOCIAL COORDINATES OF DEVELOPING A SPORT ENTREPRENEURSHIP INDEX – CURRENT CHALLENGES AND PREREQUISITES

Sebastian Munteanu

Annals - Economy Series, 2015, vol. 3, 224-229

Abstract: Focussing on the consideration of the multivariate relationship between sport and economics, the present study is based on the sport potential of supporting economic growth through the enhancement of the relatively new domain of “sport entrepreneurship”. The brief revision of the specialized literature regarding the development of sport entrepreneurship in general terms is followed by a series of fundamental factors for the innovative proposal of a sport entrepreneurship index (SEI) in the European Union member countries. The methodological issues concerning the structure of the index represent the main novelty aspect of this research, which aims to be a prerequisite of a future thorough analysis regarding the micro- and macro-economic implications of developing a sport entrepreneurship index (SEI) in EU countries. The main identified challenge is a scientific one and it resides in the summative assessment of the elements representing entrepreneurship, sport and culture in the SEI, whereas the necessity of determining such an index appears because of economic and social reasons.

Keywords: sport economics; sport entrepreneurship; economic value added by sport; revenues allocated to sport; cultural differences; European Union (EU) (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2015:v:3:p:224-229

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