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In this paper, we identify characteristics of Spanish franchised chains that favor the adoption of an internationalization strategy and those that have a negative influence from a resource-based perspective. Data used were drawn from Annual Franchise Guidebooks published in Spain for 2005....
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(SMEs) and their economic performance using intangible and financial asset stock, competitive strategy, and international … 394 Spanish SMEs through the modelization of a structura equations system. Results show that superior economic performance … is only achieved by SMEs that can turn the knowledge they gain from international experience into a large endowment of …
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