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Vanessa Ratten

This book focuses on the innovation and entrepreneurship apparent in the sport industry. By taking a holistic and societal approach it enables a better discussion of some of the current issues facing the sport industry. This chapter summarises the key takeaways from each of the chapters in the book thereby providing a useful summary of how this book contributes to the ongoing practice and research of sport. Thereby providing a contemporary and futuristic thinking approach to sport management.

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Edited by Vanessa Ratten

This timely book takes both a practical and academic perspective of innovation in sport management, exploring the role of entrepreneurship in sport. With its interdisciplinary approach, it provides a holistic overview of the ways in which sport is both innovative and entrepreneurial.
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Vanessa Ratten

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Vanessa Ratten and Geoff Dickson

The purpose of this chapter is to explore critically the disruptions in sport management as a result of the covid-19 crisis. Using a value co-creation lens emphasising entrepreneurship and innovation insights into how the sport industry has changed are discussed. The chapter provides examples from sport management as a technology dependent service management context thereby synthesising the existing literature on sport entrepreneurship and innovation by focusing on the disruption resulting from the covid-19 crisis. The findings emphasise a need for sport entities both large and small to utilise an entrepreneurship perspective when handling crises. This means emphasising creativity and futuristic thinking in order to stay competitive in the global environment. Implications for sport entrepreneurship theory and sport management are provided.

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Esha Thukral and Vanessa Ratten

The literature review will focus on sport innovation, entrepreneurship, and the digital ecosystem by providing a structured overview of the widely covered three themes in the existing literature. The three themes are openness, generativity, and affordances. These features of openness, affordance, and generativity of digital infrastructure exhibit the richness of the sport digital ecosystem, which is characterized by collaborative and co-creative culture surpassing boundaries to develop innovative concepts that could enhance entrepreneurial opportunities, and lay the seed for potential future growth (Nambisan et al., 2019). Yet, many research gaps remain in analyzing how sport businesses can and are leveraging digitalization to transform their innovative business models to achieve sustainability benefits and what challenges (internal and external environment) they are facing. Understanding the context in which firms operate is essential for collecting and interpreting data on business innovation.

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Esha Thukral and Vanessa Ratten

Covid-19 has significantly affected the sport industry particularly in terms of the way games are played and watched. This has meant major changes in the way sport entities including athletes, coaches and managers interact in society. As a result of this change an entrepreneurial ecosystem approach is advocated that enables sport stakeholders to communicate and interact regarding matters of change. This will enable the sport industry to bounce back faster than other industries due to the solidarity and mutual understanding shown by stakeholders within their entrepreneurial ecosystem. This chapter focuses on the ways sport entities can do this by taking a practical approach that embed an entrepreneurial ecosystem perspective.

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Vanessa Ratten and Alice Li

This chapter supports the contention that the use of knowledge spillovers can be the most important way of managing the coronavirus crisis for sport organisations. This means in order to increase the effectiveness of knowledge transfer there needs to be appropriate actions regarding deliberate and by-chance knowledge spillovers. Thus, sport decision makers informed by knowledge need to make essential steps in analysing information regarding the ways to manage coronavirus. To do this sport managers need to be adept in strategically analysing knowledge by determining the best way to effectively use knowledge about coronavirus. This might occur through a cyclical progression through which knowledge is effectively utilised in new settings through spillover processes. This chapter discusses ways to manage the coronavirus crisis through initial situation-specific parameters for the knowledge that are identified that then inform subsequent knowledge decisions. Sport managers can than apply the knowledge through the process of informed decision making regarding the coronavirus crisis.

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Vanessa Ratten and Léo-Paul Dana

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João J. Ferreira, Alain Fayolle, Vanessa Ratten and Mário Raposo

Universities are increasingly referred to as being entrepreneurial due to their innovative and proactive education policies. The aim of this chapter is to discuss the role entrepreneurial universities play in society. This includes focusing on the nature of technology and knowledge transfer at universities. An overview of each chapter in the book is included in terms of its aims and objectives for entrepreneurial universities. This enables a good starting point for the discussion about entrepreneurial universities in this book.

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João J. Ferreira, Alain Fayolle, Vanessa Ratten and Mário Raposo

As more universities embrace a culture of entrepreneurship there will be changes to policy and practice. The aim of this chapter is to discuss the trends in research and practice about entrepreneurial universities. The chapters in this book on entrepreneurial universities are summarized in terms of their contribution and implications. This helps to bring a sense of direction to where the research about entrepreneurial universities is heading, and how public policy can contribute to its development.