Lee, Jin Hyung - In: International journal of empirical economics 3 (2024) 2, pp. 2450005-1-2450005-22
The new regulation was introduced to the franchise market of South Korea in that an applicant who wants to be a franchiser must set up direct retail stores and run them for at least one year before recruiting franchisees. Considering the purpose of the regulation, it is inferred that once...