Optimizing the Entrepreneurs' Crowdfunding in Sport Business
Purpose: This research aims to identify and validate Iranian sports entrepreneurs' optimal use of crowdfunding.Methodology: The research method is mixed. In the qualitative section, the participants included 16 sports management professors, entrepreneurship management, sports entrepreneurs, and...
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| Format: | Article |
| Language: | English |
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Alzahra University
2023-09-01
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| Series: | Sports Business Journal |
| Subjects: | |
| Online Access: | https://sbj.alzahra.ac.ir/article_7269_70214f125733d86c90d9657fbddbc19a.pdf |
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| _version_ | 1849328815462940672 |
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| author | Mahdieh Hossein Aliani Nematullah Nemati Tahereh Bagherpour |
| author_facet | Mahdieh Hossein Aliani Nematullah Nemati Tahereh Bagherpour |
| author_sort | Mahdieh Hossein Aliani |
| collection | DOAJ |
| description | Purpose: This research aims to identify and validate Iranian sports entrepreneurs' optimal use of crowdfunding.Methodology: The research method is mixed. In the qualitative section, the participants included 16 sports management professors, entrepreneurship management, sports entrepreneurs, and sports business people in the interview, and the data were analyzed by Maxqda version—2020 software. Furthermore, 360 participants participated in the survey during the quantitative section, and the data was analyzed with Smart PLS software.Findings: The findings showed casual elements, including entrepreneurial attitude, human capital, and policies. The background conditions include the institutionalization of entrepreneurship, business management transparency and improvement, a customer-oriented culture, and cultural and social factors. Also, the intervening factors comprised laws and regulations, financial and economic elements, protective laws, and information technology factors. The practical strategies also included expert forces, trust building, creating supportive and monetary policies, and communicating with entrepreneurs. Finally, the results showed the growth of sports businesses, distribution of justice in financial resources, economic productivity, and positive attitude toward sports entrepreneurs as social capital. According to the results, the identified factors can provide the necessary ground for collective financing by sports business entrepreneurs.Originality: Funding has always been one of the main challenges of entrepreneurs, and crowdfunding can be an effective way to provide the capital a start-up company needs. The purpose of this study is to optimize collective capital by sports entrepreneurs by a quantitative study. |
| format | Article |
| id | doaj-art-890eb8aecd264a759eccda4ca3a379aa |
| institution | Kabale University |
| issn | 2783-543X 2783-4174 |
| language | English |
| publishDate | 2023-09-01 |
| publisher | Alzahra University |
| record_format | Article |
| series | Sports Business Journal |
| spelling | doaj-art-890eb8aecd264a759eccda4ca3a379aa2025-08-20T03:47:28ZengAlzahra UniversitySports Business Journal2783-543X2783-41742023-09-0133456510.22051/sbj.2023.43204.10807269Optimizing the Entrepreneurs' Crowdfunding in Sport BusinessMahdieh Hossein Aliani0Nematullah Nemati1Tahereh Bagherpour2PhD Student, Department of Sports Management, Damghan Branch, Islamic Azad University, Damghan, Iran.Assistant Professor, Department of Physical Education and Sports Science, Damghan Branch, Islamic Azad University, Damghan, Iran.Assistant Professor, Department of Physical Education and Sports Science, Damghan Branch, Islamic Azad University, Damghan, Iran.Purpose: This research aims to identify and validate Iranian sports entrepreneurs' optimal use of crowdfunding.Methodology: The research method is mixed. In the qualitative section, the participants included 16 sports management professors, entrepreneurship management, sports entrepreneurs, and sports business people in the interview, and the data were analyzed by Maxqda version—2020 software. Furthermore, 360 participants participated in the survey during the quantitative section, and the data was analyzed with Smart PLS software.Findings: The findings showed casual elements, including entrepreneurial attitude, human capital, and policies. The background conditions include the institutionalization of entrepreneurship, business management transparency and improvement, a customer-oriented culture, and cultural and social factors. Also, the intervening factors comprised laws and regulations, financial and economic elements, protective laws, and information technology factors. The practical strategies also included expert forces, trust building, creating supportive and monetary policies, and communicating with entrepreneurs. Finally, the results showed the growth of sports businesses, distribution of justice in financial resources, economic productivity, and positive attitude toward sports entrepreneurs as social capital. According to the results, the identified factors can provide the necessary ground for collective financing by sports business entrepreneurs.Originality: Funding has always been one of the main challenges of entrepreneurs, and crowdfunding can be an effective way to provide the capital a start-up company needs. The purpose of this study is to optimize collective capital by sports entrepreneurs by a quantitative study.https://sbj.alzahra.ac.ir/article_7269_70214f125733d86c90d9657fbddbc19a.pdfcrowdfundingeconomicfinancialsports entrepreneurssports business |
| spellingShingle | Mahdieh Hossein Aliani Nematullah Nemati Tahereh Bagherpour Optimizing the Entrepreneurs' Crowdfunding in Sport Business Sports Business Journal crowdfunding economic financial sports entrepreneurs sports business |
| title | Optimizing the Entrepreneurs' Crowdfunding in Sport Business |
| title_full | Optimizing the Entrepreneurs' Crowdfunding in Sport Business |
| title_fullStr | Optimizing the Entrepreneurs' Crowdfunding in Sport Business |
| title_full_unstemmed | Optimizing the Entrepreneurs' Crowdfunding in Sport Business |
| title_short | Optimizing the Entrepreneurs' Crowdfunding in Sport Business |
| title_sort | optimizing the entrepreneurs crowdfunding in sport business |
| topic | crowdfunding economic financial sports entrepreneurs sports business |
| url | https://sbj.alzahra.ac.ir/article_7269_70214f125733d86c90d9657fbddbc19a.pdf |
| work_keys_str_mv | AT mahdiehhosseinaliani optimizingtheentrepreneurscrowdfundinginsportbusiness AT nematullahnemati optimizingtheentrepreneurscrowdfundinginsportbusiness AT taherehbagherpour optimizingtheentrepreneurscrowdfundinginsportbusiness |