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Books > Business & Economics > Industry & industrial studies > Service industries > Sport & leisure industries
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An Absence of Competition - The Sustained Competitive Advantage of the Monopoly Sports Leagues (Hardcover, 2013 ed.)
Loot Price: R2,058
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An Absence of Competition - The Sustained Competitive Advantage of the Monopoly Sports Leagues (Hardcover, 2013 ed.)
Series: Sports Economics, Management and Policy, 5
Expected to ship within 12 - 19 working days
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This book takes a multi-disciplinary approach to analyzing the
nature of 'competition' and 'competitive advantage' within the U.S.
pro sport industry. By many measures, the four major pro sports
leagues in the U.S. - the National Football League (NFL), National
Basketball Association (NBA), National Hockey League (NHL), and
Major League Baseball (MLB) - are now some of the most successful
business entities in the country. While these established leagues
have generally been highly profitable throughout their respective
existences, the past two decades have been particularly lucrative,
with franchise values in all four leagues growing rapidly, and at
levels well beyond market rates of return. Within this context, the
book seeks to explore the nature of the competitive advantage that
these leagues apparently possess. The purpose is to identify not
only how these leagues have been able to get to where they are
today, but also to examine the competitive threats and
opportunities that these leagues face as they move forward. A key
contribution of the book is that it analyzes these issues from a
multi-disciplinary approach including a traditional economics
perspective, public policy and public choice theory and strategic
management, to provide a parallel explanation for the success of
each of the four major leagues. It argues that no single conceptual
approach can, in itself, adequately explain the full richness of
the issue. Its stresses that these various approaches should
generally be viewed as complements, rather than as being mutually
exclusive, and that a full understanding of the issue requires one
to adopt a multi-disciplinary perspective, making it of interest to
scholars in strategic management, sport management, and economics.
It can serve as an effective teaching tool in both graduate and
upper-level undergraduate courses for students in these fields, and
is particularly useful for faculties seeking to emphasize to their
students the importance of a multi-disciplinary, integrative,
approach when analyzing business and management issues. The book
may also be of interest to leaders within the sport industry
itself, and will help to provide insight and perspective as leagues
seek to enhance their competitive advantage in the marketplace.
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