2008
DOI: 10.1057/abm.2008.2
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Venturing Beyond the Marathon: The Entrepreneurship of Ultrarunning and the IAU World Cup in Korea

Abstract: This article describes the entrepreneurial development and professionalism of ultradistance running (ultrarunning) in South Korea, culminating with the hosting of the IAU World Cup 100K in 2006. This case study-based research provides evidence of various macro-environmental and individual drivers of a grassroots entrepreneurial process, contextualised in Korea's sporting culture. Macro-environmental factors include the economic crisis and Korean cultural values of comradery, emotional expressiveness and entrep… Show more

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Cited by 10 publications
(8 citation statements)
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“…Entrepreneurship can be seen as a result of a team of individuals that have a willingness to expand their organizational efforts (Terjesen 2008). The seminal work of Schumpeter (1965) provides one of the first definitions of entrepreneurship as individuals who exploit market opportunity through organizational or technical innovation.…”
Section: Introductionmentioning
confidence: 99%
“…Entrepreneurship can be seen as a result of a team of individuals that have a willingness to expand their organizational efforts (Terjesen 2008). The seminal work of Schumpeter (1965) provides one of the first definitions of entrepreneurship as individuals who exploit market opportunity through organizational or technical innovation.…”
Section: Introductionmentioning
confidence: 99%
“…Given that opportunities are important during times of economic crises, entrepreneurship can help spur the process of economic development (Drucker, 1995). efforts in the sports fi eld (Terjesen, 2008). The most important element of entrepreneurial activity identifi ed in most entrepreneurship literature is innovation (Hitt, Ireland, Camp, & Sexton, 2001).…”
Section: Introductionmentioning
confidence: 99%
“…The generic form of the evolutionary economic approach is that the origin of a new sportlike the origin of a new market, or industryis a consequence of entrepreneurial action: a sports entrepreneur. Stephen Hardy (1986) suggests that historians should see sports in terms of entrepreneurial founders and of the development of the sport as akin to an Schumpeterian technological trajectory (Chacar and Hesterly, 2004;Füller et al, 2007;Terjesen, 2008).…”
Section: On the Origin Of New Sportsmentioning
confidence: 99%