“…From the budgetary perspective, the amount for organizing each Winter Olympic Games costs over US $800 million and twice as much for a Summer Olympic Games (Persson, 2002). In large-scale events, most tourism research (e.g., Adamo, 2003;Deccio & Baloglu, 2002;Gratton et al, 2000;Hiller, 1998;Jones, 2001;Mihalik & Simonetta, 1999;Pyo, Cook, & Howell, 1988;Pyo, Uysal, & Howell, 1988;Waitt, 2003) aimed at examining short-term and visitationrelated impacts, rather than long-term outcomes such as strategic development and knowledge management/transfer. Given the huge public and private investments involved in these large-scale events, the need to fill this gap in the extant literature seems surprisingly obvious and necessary.…”