Economic cooperation between public and private sectors – a comparative analysis of the Olympic Games in Athens 2004 and London 2012
AbstractThe Olympic Games are considered to be the most important sports event in the world. In spite of the sports’ dimension of the Olympics, there are many other aspects which should be taken into consideration when thinking about the Olympics. These refer to economic, political, organisational and social fields. An appropriate budget, organisational structure, sports and non-sports infrastructure are just a few of the necessary issues. The major aim of this article is to present the spectrum of cooperation between the public and private sector during the Athens 2004 and London 2012 Olympic Games, the economic effectiveness of the Olympics in both cities and the realisation of the Olympic Legacy focused on post-game infrastructure and other facilities and areas of a socio-economic reality. The results of this study reveal that only a host city where an appropriate organisational structure, net of stakeholders, budget and strategy for Olympic infrastructure are established, is capable of drawing potential benefits from The Olympic Legacy.
|Journal series||Studies in Sport Humanities, ISSN 2300-6412, (B 9 pkt)|
|Publication size in sheets||0.5|
|Keywords in English||The Olympic Games, professional sports, sports industry, sports economics, sports management, public- private partnership|
|Score||= 9.0, 10-02-2020, ArticleFromJournal|
* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.