<heading id="h1" level="1" implicit="yes" format="display">Abstract</heading> Using data on franchised chains, which are the type of single-product entities emphasized in industry dynamics models, we show that age and size affect growth and survival even after controlling for chain characteristics and unobserved chain-specific efficiency. This implies that age...

The authors summarize a number of regularities that arise in the empirical literature on contractual relationships between manufacturers and their exclusive resellers. They do this using studies of traditional and business-format franchise relationships as well as studies of...