“…The main streams relate to the definition of sponsorship (Meenaghan, 1983;Gardner and Shuman, 1988;Otker, 1998), the description of its evolution in a particular country or industry (Meerabeau et al, 1991;Asimakopoulos, 1993;Thwaites et al, 1997;McCarville et al, 1998), and the understanding of sponsoring company objectives (Meenaghan, 1991(Meenaghan, , 1998Kuzma et al, 1992;Irwin and Sutton, 1995). Lee et al (1997) have stated that earlier bodies of research focused on investigating sponsorship from the sponsor's perspective, with emphasis on the measurement of 'the effects and effectiveness of sponsorship' with minimal attempt to understand the nature of sponsorship relations, or how they form and develop (Olkkonen et al, 2000).…”