Event performance index: a holistic valuation tool

Tanner, Monika Bandi; Künzi, Adrian; Friedli, Therese Lehmann; Müller, Hansruedi

doi:10.1108/ijefm-09-2017-0047

Cited by 12 publications

(3 citation statements)

References 35 publications

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“…Richards and Wilson [23] argued that when events and the location positioning strategy are consistent with each other, the event will have the capacity to influence the image of the location. Bandi Tanner et al [24] stated that the event performance index consists of seven key indicators: size, economic value, touristic value and destination image, innovative strength, value network, the value of participation and social exchange, and the relative environmental burdens.…”

Section: Mega-event Indicatorsmentioning

confidence: 99%

Examining the Impacts of Mega-Events on Urban Development Using Coupling Analysis: A Case Study of the Boao Forum for Asia

Zhu

Cai

et al. 2020

Sustainability

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Mega-events, as a strategic approach taken by entrepreneurial governments, have the ability to transform the image of a city. This study explores mega-events and their relationship to urban development by developing a coupling coordination degree model and using the official statistics of Qionghai, China, from 2010 to 2015. The results of this study show that the dynamic of coordination between mega-events and urban development is a classical S-shaped growth curve. In the coupling system, this study also reveals that relevance index and the economy, as sub-indicators, make significant contributions to mega-events and urban development, respectively. Finally, the researchers concluded that the international large-scale events can significantly promote the urban development in host cities. This study reveals theoretical issues and practical implications for policy makers and event managers to achieve integrated and coordinated development between mega-events and urban development.

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Section: Mega-event Indicatorsmentioning

confidence: 99%

Examining the Impacts of Mega-Events on Urban Development Using Coupling Analysis: A Case Study of the Boao Forum for Asia

Zhu

Cai

et al. 2020

Sustainability

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“…For instance, both Baroghi et al (2021) and Singh et al (2020) adopted a qualitative approach to analyse events' impacts by relying on the opinions of panels of experts. Conversely, Andersson and colleagues (Andersson et al, 2016;Andersson and Lundberg, 2013) used a quantitative methodology, integrating survey data with other sources, while Bandi Tanner et al (2018) proposed and tested a synthetic index for assessing events' economic, social, and environmental impacts. Other scholars relied on frameworks other than the triple-bottom-line.…”

Section: 13mentioning

confidence: 99%

How do stakeholders co-create value in a service ecosystem? Insight from mega-events

Mason,

Iacuzzi,

Zamparo

et al. 2024

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PurposeThis paper looks at how stakeholders co-create value at mega-events from a service ecosystem perspective. Despite the growing interest, little is known about how value is co-created through such initiatives for individual stakeholders and the community.Design/methodology/approachDrawing on institutional and stakeholder theory, the study focuses on Cortina 2021, the World Ski Championships held in Italy in February 2021. It investigates how multiple actors co-create value within a service ecosystem through qualitative interviews with key stakeholders combined with the analysis of official documents and reports.FindingsThe research established that key stakeholders were willing to get involved with Cortina 2021 if they recognised the value which could be co-created. Such an ecosystem requires a focal organisation with a clear regulative and normative framework and a common cultural basis. The latter helped resilience in the extraordinary circumstances of Cortina 2021 and safeguarded long-term impacts, even though the expected short-term ones were compromised.Practical implicationsFrom a managerial point of view, the evidence from Cortina 2021 shows how a clear strategy with well-defined stakeholder engagement mechanisms can facilitate value co-creation in service ecosystems. Moreover, when regulative and normative elements are blurred because of an extraordinary circumstance, resource integration and value creation processes need to be entrusted to those cultural elements that characterise an ecosystem.Originality/valueThe study takes an ecosystemic approach to mega-events to explore value creation for the whole community at the macro level, not only at the individual or organisational level, even during a crisis, which greatly impaired the preparation and running of the event.

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“…The impact of technologies is connected to how events are experienced and managed [35], and enable one to understand event stakeholders' motives in event delivery [36], enhanced event involvement [35], event administration [37], the shape of an environment [38], and the maintenance and honoring of traditions in events [39]. Studies have been performed regarding research methods, data collection, data analysis procedures, and types of event management [40], even when the internet was in its relative infancy.…”

Section: Related Studiesmentioning

confidence: 99%

Assessment of Lantern Festivals by Government Procurements

Shih¹,

Chen²

2022

Sustainability

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The Lantern Festival constitutes a specific tradition that originated from a long-term evolved culture. Should the festival only consist of a large number of installations and visitors? This study aims to assess the Taiwan Lantern Festival (TLF) in terms of government procurements between 2016 and 2020 according to the classification of tender projects. The classifications contribute to a comparison of the similarities and diversities in respect to the major challenge of the number of visitors exceeding 10 million in two weeks. The 140–234 tender projects each year presented a 76% increment of the budget for services, financing, and construction. The similarities and differences made each year’s TLF a local-identity-rich event. Shared similarities accounted for approximately 54% of all 654 tender items and 66% of the budget. The shared main items demonstrated their importance in transferring the TLF experience to the host city of the subsequent year. The interpretation of procurement contributed to the novelty of TLF classifications and the shared project similarities and diversities through the government acting as a curator. The findings contributed to an evolved model of classification for local situation and TLF experience transfer, evolved measures for diversities and shared similarities, and an evolved instrumentation for traditions.

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Event performance index: a holistic valuation tool

Cited by 12 publications

References 35 publications

Examining the Impacts of Mega-Events on Urban Development Using Coupling Analysis: A Case Study of the Boao Forum for Asia

Examining the Impacts of Mega-Events on Urban Development Using Coupling Analysis: A Case Study of the Boao Forum for Asia

How do stakeholders co-create value in a service ecosystem? Insight from mega-events

Assessment of Lantern Festivals by Government Procurements

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