Facanha, Luis Otávio; Resende, Marcelo; Cardoso, Vicente; … - CESifo - 2011
The paper investigates survival patterns of Brazilian franchising firms during the 1994-1999 period. First, at a more … descriptive level one considered the (percentage) survival of newly created franchisors in the following years. The evidence … indicated a drastic decay in survival after only a few years and contrasts with the higher survival of firms in the franchising …