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The aim of the study is to explain the determinants of contractual completeness in franchise relationships by formulating and testing various propositions derived from transaction cost theory, agency theory, property rights theory, organizational capability theory and relational view of...
Persistent link: https://www.econbiz.de/10008484111
For the purpose of explaining governance structure variety in franchising, we explore the impact of governance …
Persistent link: https://www.econbiz.de/10005288676
Plural form franchising is modeled from an incomplete contracting perspective. Complete franchising is the unique …. Not locational or other differences between units are necessary for the emergence of plural form franchising, but positive …
Persistent link: https://www.econbiz.de/10005209594
/>-------------------------------------------------------<br/> Traditionally, standards have been perceived as contradicting innovation. However, this view has been overturned in recent years … address will present the innovation-promoting impacts of standards in three different dimensions. In addition, possible … barriers for the exploitation of these potentials and negative implications of the interaction between innovation and …
Persistent link: https://www.econbiz.de/10008595645
This article connects theory of learning with theory of governance, in the context of inter-firm relations. It recognizes fundamental criticism of transaction cost economics (TCE), but preserves elements from that theory. Two kinds of relational risk are identified: hold-up and spillover risk....
Persistent link: https://www.econbiz.de/10005795613
Increasingly, it has been recognised that in their process of internationalisation multinationals may learn. They may take a strategy not only of exploitation, to leverage existing assets, competencies and products, built up in their home countries, but also, and perhaps even primarily, of...
Persistent link: https://www.econbiz.de/10005795619
Understanding technological change is of critical importance to marketers, as it bears new markets, new brands, new customers, and new market leaders. This paper examines the deviation among reviews of a technology’s performance and its consequences for inferences on technology evolution...
Persistent link: https://www.econbiz.de/10008484117
framework in which product intelligence leads to consumer satisfaction through the innovation attributes of relative advantage …
Persistent link: https://www.econbiz.de/10005505036
paper I take a closer look at one aspect of innovation in services: appropriability. I discuss the different elements that …
Persistent link: https://www.econbiz.de/10005450974
In an attempt at a systematic theory of entrepreneurship, this paper connects various literatures, from economics and business. In economics, there are many notions of entrepreneurship, some of which seem to contradict each other. For example, there are notions of entrepreneurship as an...
Persistent link: https://www.econbiz.de/10005451003