Table 3

Measurement model results

Variable/indicatorCoopetitionEvent developmentSocial value
Social value (Cronbach's α = 0.923; CR = 0.937; AVE = 0.650)
BG4 – Community quality of life  0.854
BG3 – Safety in the city  0.826
BG6 – Level of resolution of social problems  0.808
BG2 – Community well-being  0.800
BG5 – Recreation opportunities  0.789
BG7 – Maintenance and public transportation  0.789
BG1 – Infrastructure/facilities improvements for the community  0.788
BG8 – Community empowerment and strengthening  0.795
Coopetition (Cronbach's α = 0.863; CR = 0.902; AVE = 0.648)
CS2 – Shared production spaces0.866  
CS3 – Level of community cooperation0.823  
CS1 – Community network0.817  
CS4 – Alliances among competitors0.801  
CS5 – Public–private partnerships for event organisation0.710  
Hallmark event development (Cronbach's α = 0.894; CR = 0.917; AVE = 0.583)
LE3 – Public management in strengthening cultural supporting 0.869 
LE2 – Innovativeness of city public management 0.852 
LE1 – Adequate management of support services for development 0.837 
LE4 – The use of social media to promote local events 0.803 
LE5 – Event accessibility for residents in economic and terms 0.784 
LE6 – Accessibility for people with reduced mobility 0.708 
LE8 – Residents as primary beneficiaries of the event 0.626 
LE7 – Tourism notoriety of the city and region by the event 0.575 
Source(s): Elaborated by the authors

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