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Learning from Sports Entrepreneurs - Development of a conceptual framework for entrepreneurial risk-handling

von Appen, Finn LU and Meissner, Lukas LU (2021) ENTN19 20211
Department of Business Administration
Abstract
The research takes a descriptive and exploratory approach in understanding how the risk experience of top athletes shapes sports entrepreneurs’ risk-handling strategies. In particular, the purpose of this study is to advance the theoretical knowledge of entrepreneurial risk-handling by studying risk-handling strategies developed and applied by sports entrepreneurs and putting them into a conceptual framework of entrepreneurial risk-handling that can be used by any entrepreneur and for future research. Ten in-depth, semi-structured interviews were conducted with active sports entrepreneurs who can draw on a successful career as a top athlete and are active entrepreneurs in different sectors. The analysis allowed understanding how... (More)
The research takes a descriptive and exploratory approach in understanding how the risk experience of top athletes shapes sports entrepreneurs’ risk-handling strategies. In particular, the purpose of this study is to advance the theoretical knowledge of entrepreneurial risk-handling by studying risk-handling strategies developed and applied by sports entrepreneurs and putting them into a conceptual framework of entrepreneurial risk-handling that can be used by any entrepreneur and for future research. Ten in-depth, semi-structured interviews were conducted with active sports entrepreneurs who can draw on a successful career as a top athlete and are active entrepreneurs in different sectors. The analysis allowed understanding how individuals developed fundamental risk-handling strategies already in the athletes' career. The findings show how these strategies are then applied in the second career as a sports entrepreneur to handle risky situations in the uncertain world of entrepreneurship. Furthermore, the study gives a strong indication of how much all entrepreneurs can learn from sports entrepreneurs and their risk handling strategies. This led to the construction of a first conceptual framework of entrepreneurial risk-handling. Lastly, theoretical and practical implications were delineated. (Less)
Please use this url to cite or link to this publication:
author
von Appen, Finn LU and Meissner, Lukas LU
supervisor
organization
course
ENTN19 20211
year
type
H1 - Master's Degree (One Year)
subject
keywords
Entrepreneurship, sport entrepreneurship, professional athlete, second career, sports, risk-taking, risk-handling, risk management
language
English
id
9046439
date added to LUP
2021-07-30 15:49:58
date last changed
2021-07-30 15:49:58
@misc{9046439,
  abstract     = {{The research takes a descriptive and exploratory approach in understanding how the risk experience of top athletes shapes sports entrepreneurs’ risk-handling strategies. In particular, the purpose of this study is to advance the theoretical knowledge of entrepreneurial risk-handling by studying risk-handling strategies developed and applied by sports entrepreneurs and putting them into a conceptual framework of entrepreneurial risk-handling that can be used by any entrepreneur and for future research. Ten in-depth, semi-structured interviews were conducted with active sports entrepreneurs who can draw on a successful career as a top athlete and are active entrepreneurs in different sectors. The analysis allowed understanding how individuals developed fundamental risk-handling strategies already in the athletes' career. The findings show how these strategies are then applied in the second career as a sports entrepreneur to handle risky situations in the uncertain world of entrepreneurship. Furthermore, the study gives a strong indication of how much all entrepreneurs can learn from sports entrepreneurs and their risk handling strategies. This led to the construction of a first conceptual framework of entrepreneurial risk-handling. Lastly, theoretical and practical implications were delineated.}},
  author       = {{von Appen, Finn and Meissner, Lukas}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{Learning from Sports Entrepreneurs - Development of a conceptual framework for entrepreneurial risk-handling}},
  year         = {{2021}},
}