Please join Barney School of Business Dean Marty Roth in congratulating Barney School Professor of Management Jim Fairfield-Sonn on his recent publication. His solo-authored article, “Hosting the Summer Olympic Games: Impact on Global Cities and International Business,” appeared in the May 2017 edition of the Journal of Applied Business and Economics.
Abstract: Given that the primary intent of the modern era Summer Olympic Games is to provide an outstanding forum for international athletic competition, the prospect of hosting the Games has been an exciting and alluring idea for many cities and countries since they began in 1896. From their inception, however, the impact of hosting the Games has extended beyond athletics and in some cases led to results that were quite different from what was initially expected. Here, a political economy perspective is used to explore why the hoped for impact on a city from hosting the Summer Olympic Games as well as an associated increase in international business, may or may not have materialized.