A Study on Revenue Generation,Technological Innovation,and Operational Presence Strategies of Urban Sports Venues in China Using the System GMM Threshold Model
OBJECTIVE:This study aims to analyze the current operational status of small and medium-sized urban sports venues.METHOD:This study utilizes literature review,intermediary effect design,variable selection,and estimation,along with mathematical statistical approaches.RESULTS:Disparities are revealed in venue quantity,revenue,sci-tech innovation investment,and operational presence,impacting their overall operational performance.Increasing the number of venues,innovation investment,and urban population positively influences revenue.However,a high level of operational presence may potentially reduce economic efficiency.Intermediary effect analysis emphasizes the pivotal roles of venue quantity,innovation investment,and operational presence.Robustness analysis supports the credibility of the model.Threshold effect tests uncover varying degrees of threshold effects.SUGGESTIONS:Enhance the quantity of venues,intensify sci-tech innovation investment,optimize operational presence,pay attention to threshold effects,and foster sustainable development.
system GMMthreshold modelsmall and medium-sized urban sports venuessports industry
NETL
NSTL
万方数据
