The study is an empirical view of the important issue of the business effects of the mega-sporting events (MSEs), like the Olympic Games, on which there are favorable and unfavorable views, the design of the study is to go through different views and find out the effects from knowing or knowledgeable persons of the event with the help of a sample of 155 respondents drawn randomly from across the continents in the form of opinions on the positive and negative effects of the MSEs through a questionnaire, containing questions on economic development, infrastructure development, environ¬ment, lifestyles, etc., and their favorable and unfavorable responses were elicited. The data collected have been analyzed in terms of the characteristics of respondents and their negative and positive responses on the Olympic and FIFA. The findings on the whole of study show that the hosting of the MSEs has positive effects on the economy and society of the host cities through the influx of tourists, infrastructure development, and image promotion of the country, among others, notwithstanding the certain drawbacks in terms of environmental disturbances, and some inconveniences to the locals.

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This paper explores the intricacies of various determinants that can be used to systematise open innovation processes as the functional streaming of knowledge, both inbound and outbound, to expedite internal innovation and extricate the market for external use of innovation. Drawing on extant open innovation literature and data collected from organisations on the list of Thomas Reuters Derwent World Patents Index covering North America, Europe, Asia, Sub-Saharan Africa, the Middle East and North African for their open innovation practices, a model was developed that conceptualises the systematisation of open innovation processes toward commercial activities. The results show that the systematisation of open innovation requires a balancing act of knowledge exploration (KET) and exploitation (KEL) ambidexterity for commercialisation of the firm, and that a relationship exists between these variables. Using the contingency-based approach to organisational development, the paper adds to the understanding of the role of open innovation processes, systematisation, content and context as well as the research and development aspect of open innovation.

Looking for innovative approaches towards procurement of projects through public–private partnerships has become more common in the public sector which has the largest capital project spending. It is used to improve efficiency in the procurement of projects and get more value for money. The critical success factors in public–private partnerships for procurement of capital projects identify factors contributing to the successful procurement of capital projects which is seen as one of the many management practices that contribute to corporate success. A model based on an analytical hierarchy process was developed to investigate the critical success factors using information from owners, project managers, consultants/contractors, financiers and operators worldwide for procurement of capital projects. Owner satisfaction with the delivered project, clearly defined project mission, objective and scope definitions, adequacy of plans and specifications, lack of legal encumbrances, and appropriate funding mechanisms were shown to be the topmost of the success factors.