The Economics Of Franchising

Autore: Roger D. Blair
Editore: Cambridge University Press
ISBN: 1139443364
Grandezza: 28,65 MB
Formato: PDF, Docs
Vista: 5661
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This 2005 book describes in much detail both how and why franchising works. It also analyses the economic tensions that contribute to conflict in the franchisor-franchisee relationship. The treatment includes a great deal of empirical evidence on franchising, its importance in various segments of the economy, the terms of franchise contracts and what we know about how all these have evolved over time, especially in the US market. A good many myths are dispelled in the process. The economic analysis of the franchisor-franchisee relationship begins with the observation that for franchisors, franchising is a contractual alternative to vertical integration. Subsequently, the tensions that arise between a franchisor and its franchisees, who in fact are owners of independent businesses, are examined in turn. In particular the authors discuss issues related to product quality control, tying arrangements, pricing, location and territories, advertising, and termination and renewals.

Economics And Management Of Franchising Networks

Autore: Josef Windsperger
Editore: Springer Science & Business Media
ISBN: 3790826626
Grandezza: 45,21 MB
Formato: PDF, Kindle
Vista: 813
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Franchising networks are experiencing great success in international business organization. Few books try to explain the characteristics of these networks. Contrary to the existing literature this book tackles more theoretical problems related to governance, organization, knowledge management, contract design, incentive and regulation issues both from the economic and management view point. It delivers new theoretical and empirical results regarding plural forms, contract design, and knowledge and strategic management issues. Its purpose is to offer researchers and practitioners new theoretical and empirical insights in one of the most important economic phenomenon at the beginning of the 21st century: Franchising networks as organizational arrangement for growth and internationalization of firms.

Franchising In The Economy

Autore:
Editore:
ISBN:
Grandezza: 68,41 MB
Formato: PDF, Docs
Vista: 6226
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The Regulation Of Franchising In The New Global Economy

Autore: Elizabeth Crawford Spencer
Editore: Edward Elgar Publishing
ISBN: 1849804982
Grandezza: 24,93 MB
Formato: PDF
Vista: 5649
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While franchising promotes economic and social welfare objectives, Elizabeth Crawford Spencer argues that monitoring and regulation are needed to address potential areas of abuse of the form that can result in costly market inefficiencies. This unique study surveys franchise-specific legislation worldwide as a starting point for a thorough examination and analysis of the role of both private and public regulation of the sector in the context of current theoretical approaches to regulating contractual relationships. The book concludes that properly calibrated regulation can minimize inefficient allocations of power and risk and lead to maximum economic and social benefits by promoting the development of small business, enabling the growth of entrepreneurial skills, and facilitating economic well-being and independence among SMEs. This comparative survey will prove to be invaluable for academics in franchising marketing, management, law and practice. The Regulation of Franchising in the New Global Economy will also appeal to franchise law practitioners, consultants, policymakers and those wishing to influence policy on all sides of the debate in the many jurisdictions that are engaging in the processes of adopting, or reviewing, franchise regulation.

Economics And Management Of Networks

Autore: Gérard Cliquet
Editore: Springer Science & Business Media
ISBN: 3790817589
Grandezza: 35,85 MB
Formato: PDF, ePub, Mobi
Vista: 1898
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Previous research on the institutional structure of franchising networks (Bri- ley et al. 1991; Lutz 1995; Shane 1998; Lafontaine and Shaw 1999, 2005; - fuso 2002; Penard et al. 2003a,b) does not explain the governance structure of the franchising firm as an institutional entity that consists of two interrelated parts: Residual decision rights and ownership rights. The latter includes not only residual income rights of franchised outlets but also residual income rights of franchisor-owned outlets. Previous studies primarily examines the incentive, signalling and screening effects of fees, royalties and other contractual pro- sions from the point of view of organizational economics (see Dnes 1996 for a review) without taking into account the interactions between residual decision and residual income rights as interrelated parts of the governance structure. This paper fills this gap in the literature. According to the property rights view, de- sion rights should be allocated according to the distribution of intangible kno- edge assets between the franchisor and franchisee and ownership rights should be assigned according to the residual decision rights. Since ownership rights are diluted in franchising networks, the dilution of residual income rights of fr- chised outlets is compensated by residual income rights of company-owned o- lets. Under a dual ownership structure, company-owned outlets compensate the disincentive effect of low royalties for the franchisor, and low royalties strengthen the investment incentives for the franchisee.

The Law And Regulation Of Franchising In The Eu

Autore: Mark Abell
Editore: Edward Elgar Publishing
ISBN: 1781952353
Grandezza: 64,93 MB
Formato: PDF
Vista: 9275
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ÔMark AbellÕs book argues that the European franchising market fails to reach its potential as it remains unregulated. He supports this by analysing the historical legal and economic basics and risk/attraction profiles of franchising to franchisors and franchisee, compares the European situation to the highly developed regulatory regimes in the USA and Australia, and moves through to proposing and drafting a new EU directive to bring greater certainty and stability to cross border franchising in the EU. Comprehensively researched and very detailed, this book is a worthy contribution to the literature on the subject.Õ Ð Graham Cunningham, Barrister, Hardwicke Key features of this detailed and insightful work include: ¥ Practical analysis from a leading authority in the field of franchising. ¥ Examination of the impact of both franchise specific and general commercial law upon use of franchising in the EU. ¥ Comparative legal analysis of the law of England, Germany, France, the US and Australia. ¥ Carefully constructed proposals for a franchise directive in the EU based on the vast experience of the author. ¥ A draft text for the proposed directive. The Law and Regulation of Franchising in the EU provides an in-depth analysis of the regulatory environment for franchising in the EU. Franchising in the EU comprises nearly 10,000 franchised brands and over Û215 billion (US$300 billion) turnover per annum. However, compared to its scale in the US and Australia, franchising is not realising its full potential in the EU and the author points to the lack of homogeneity across members states as a large part of the problem. The book concludes by arguing for the adoption of a draft directive, and proposes a draft directive, which promotes market confidence in franchising, provides pre-contractual hygiene and imposes a mandatory taxonomy of rights and obligations. This highly topical and comprehensive work will appeal to franchise lawyers and franchise academics as this is the first book that analyses the impact of EU and member state law upon the use of franchising in the EU.

An Introduction To Franchising

Autore: Robert Webber
Editore: Macmillan International Higher Education
ISBN: 1137296100
Grandezza: 74,71 MB
Formato: PDF, ePub
Vista: 5081
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An Introduction to Franchising is a concise yet comprehensive guide to the world of franchising. Looking at the field from the perspectives of the franchisor and the franchisee, the book offers a good balance between the theories behind good franchising practise, and hands-on practical guidance. Applied theory is evident in the broad range of real-life case studies included in the book. With many of the world's leading companies operating franchise models, this book will offer readers a genuine insight into the potential advantages and disadvantages of franchising. The book also examines the financial, legal and ethical implications of franchising, whilst anticipating future concerns and challenges for the franchising model. An Introduction to Franchising is an essential guide for all students of franchising, entrepreneurship and marketing. It is also a must-read for anyone wishing to start their own franchise business.

The Economics Of Retailing And Distribution

Autore: Roger R. Betancourt
Editore: Edward Elgar Publishing
ISBN: 1845423364
Grandezza: 17,77 MB
Formato: PDF, ePub, Mobi
Vista: 1039
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This book should become a standard reference in the field. . . It combines rigorous modeling with sophisticated econometrics and includes telling examples to illustrate general principles. Dennis C. Mueller, University of Vienna, Austria This book provides a uniform and coherent approach to the analysis of distribution systems in general and retail systems in particular. It develops the fundamentals of retail demand and supply, and demonstrates how the provision of distribution services is a principal determinant of economic outcomes in retail exchanges for both retailers and their customers, as well as for other agents such as suppliers and franchisors. The author integrates the existing literature with new applications to provide novel insights into the multi-product nature of retailing, the service aspects of packaging, and the evolution of retail formats such as supermarkets, non-store retailers (including the Internet) and shopping centers. He illustrates how the complementarity that underlies retail activities leads to lower average prices for customers. This integrative process also brings out the role of distribution services as mechanisms to exercise economic power. This is evident not only in channels of distribution but in the evolution of Wal-Mart and the development of franchise contracts. The author also identifies the crucial differences between the retailing of goods and the retailing of services. This impressive volume skilfully integrates conceptual, theoretical and empirical research to analyse critical issues in the economics of retailing and distribution. It will be required reading for academics and professional economists interested in industrial organization, marketing, applied microeconomics and business.

What Are The Main Features Of Franchising Advantages And Disadvantages Of A Franchise System

Autore:
Editore: GRIN Verlag
ISBN: 3346253120
Grandezza: 74,29 MB
Formato: PDF, ePub, Docs
Vista: 8844
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Seminar paper from the year 2014 in the subject Business economics - Business Management, Corporate Governance, grade: 1,7, University of Applied Sciences Köln RFH, language: English, abstract: The aim of this term paper is to investigate the success of the sales system "Franchising" and to explain it theoretically. In this regard the concept of franchising and its origin are explained at the beginning. Franchising is a generally and internationally accepted business system. In Germany there are more than 850 companies working with this selling system. During the last ten years the German franchise industry managed to double its sales from 22 € billion to 48 € billion in 2010. I want to give a rough survey about the topic Franchising. How this business system has developed, grown and expanded. What are the positive aspects of Franchising and what are the disadvantages of this system?

Franchising

Autore: John E. Kinch
Editore: Harpercollins
ISBN: 9780060971502
Grandezza: 30,55 MB
Formato: PDF, ePub
Vista: 6845
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Discusses the advantages and disadvantages of franchising, tells how to get started, and includes advice on business plans, financing, and franchising a business idea

Franchising And Licensing

Autore: Andrew Sherman
Editore: AMACOM
ISBN: 0814415695
Grandezza: 57,62 MB
Formato: PDF, Docs
Vista: 6942
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Filled with illuminating examples, stories from the field, and dozens of forms for drafting franchising agreements and licensing programs, the fourth edition of Franchising Licensing covers all the strategic, legal, financial, and operational aspects of these complex but highly profitable business strategies. Incorporating up-to-the-minute information on regulations, best practices, Web 2.0 strategies, branding techniques and global trademark laws, the new FDD disclosure format, and the latest franchising trends, this indispensable reference reveals how to: Raise capital, structure agreements, and protect intellectual property * Create market-responsive sales, marketing, and globalization strategies * Establish quality control and compliance measures * Assess opportunities for mergers and acquisitions, joint ventures, and other alternatives to franchising * And much more Comprehensive and applicable to domestic and international franchising initiatives alike, this essential guide remains the industry standard.

Fundamentals Of Franchising

Autore: Rupert M. Barkoff
Editore: American Bar Association
ISBN: 9781604420531
Grandezza: 66,72 MB
Formato: PDF, ePub
Vista: 9122
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Fundamentals of Franchising is charged with useful definitions, practical tips, and expert advice from experienced practitioners. Written specifically to help lawyers and non-lawyers brush up on franchise law, this practical guide examines franchise law from a wide-range of experiences and viewpoints. Each chapter is written by two experienced practitioners and provides you with a well-rounded overview of franchise law and alerts you to issues that may require further research or expertise.

Bibliography Of Law And Economics

Autore: B. Bouckaert
Editore: Springer Science & Business Media
ISBN: 9401708932
Grandezza: 50,49 MB
Formato: PDF, ePub, Docs
Vista: 5462
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Law and economics can be considered as the most exciting development in legal scholarship in recent decades. This volume is the first all-encompassing bibliography in this area. It lists approximately 7000 publications, covering the whole area of law and economics, including `old' law and economics (topics such as antitrust law, labor law, tax law, social security, economic regulation, etc.) as well as `new' law and economics with such topics as tort law, contract law, family law, procedure, criminal law, etc.). The volume also includes the literature on the philosophical foundations and the fundamental concepts of the approach. Part Two gives a special survey of law and economics publications in Europe, written in other languages than English. The Bibliography of Law and Economics is an invaluable reference work for students, scholars, lawyers, economists and other people interested in this field.

The Guide To Franchising

Autore: Martin Mendelsohn
Editore: Cengage Learning EMEA
ISBN: 9781844801626
Grandezza: 28,50 MB
Formato: PDF, Mobi
Vista: 5428
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Exploring all aspects of franchising from its history to contemporary developments, this book examines and answers questions such as Why franchise? and What can be franchised? It blends practical advice with commentary.

Media Franchising

Autore: Derek Johnson
Editore: NYU Press
ISBN: 0814743471
Grandezza: 11,53 MB
Formato: PDF, ePub, Mobi
Vista: 7331
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"Johnson astutely reveals that franchises are not Borg-like assimilation machines, but, rather, complicated ecosystems within which creative workers strive to create compelling 'shared worlds.' This finely researched, breakthrough book is a must-read for anyone seeking a sophisticated understanding of the contemporary media industry." —Heather Hendershot, author of What's Fair on the Air?: Cold War Right-Wing Broadcasting and the Public Interest While immediately recognizable throughout the U.S. and many other countries, media mainstays like X-Men, Star Trek, and Transformers achieved such familiarity through constant reincarnation. In each case, the initial success of a single product led to a long-term embrace of media franchising—a dynamic process in which media workers from different industrial positions shared in and reproduced familiar cultureacross television, film, comics, games, and merchandising. In Media Franchising, Derek Johnson examines the corporate culture behind these production practices, as well as the collaborative and creative efforts involved in conceiving, sustaining, and sharing intellectual properties in media work worlds. Challenging connotations of homogeneity, Johnson shows how the cultural and industrial logic of franchising has encouraged media industries to reimagine creativity as an opportunity for exchange among producers, licensees, and evenconsumers. Drawing on case studies and interviews with media producers, he reveals the meaningful identities, cultural hierarchies, and struggles for distinction that accompany collaboration within these production networks. Media Franchising provides a nuanced portrait of the collaborative cultural production embedded in both the media industries and our own daily lives.

The Economics Of Modern Business Enterprise

Autore: Martin Ricketts
Editore: Edward Elgar Pub
ISBN:
Grandezza: 28,26 MB
Formato: PDF, ePub
Vista: 310
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Focuses upon the historical development of the transaction cost view of the firm. It comprises the most influential papers in the field. The three volumes address graduate students of business economics.

The Oxford Handbook Of International Antitrust Economics

Autore: Roger D. Blair
Editore: Oxford University Press
ISBN: 019938861X
Grandezza: 57,82 MB
Formato: PDF, ePub, Docs
Vista: 2530
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More than any other area of regulation, antitrust economics shapes law and policy in the United States, the Americas, Europe, and Asia. In a number of different areas of antitrust, advances in theory and empirical work have caused a fundamental reevaluation and shift of some of the assumptions behind antitrust policy. This reevaluation has profound implications for the future of the field. The Oxford Handbook of International Antitrust Economics has collected chapters from many of the leading figures in antitrust. In doing so, this two volume Handbook provides an important reference guide for scholars, teachers, and practitioners. However, it is more than a merely reference guide. Rather, it has a number of different goals. First, it takes stock of the current state of scholarship across a number of different antitrust topics. In doing so, it relies primarily upon the economics scholarship. In some situations, though, there is also coverage of legal scholarship, case law developments, and legal policies. The second goal of the Handbook is to provide some ideas about future directions of antitrust scholarship and policy. Antitrust economics has evolved over the last 60 years. It has both shaped policy and been shaped by policy. The Oxford Handbook of International Antitrust Economics will serve as a policy and research guide of next steps to consider when shaping the future of the field of antitrust.

The Economics Of Business Enterprise

Autore: Martin J. Ricketts
Editore: Prentice Hall Europe
ISBN:
Grandezza: 43,27 MB
Formato: PDF, ePub, Mobi
Vista: 8289
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Discusses business enterprise and exchange, describing how transaction cost theory affects the view of business enterprise. The overall theme is one of the problem of information and transactional difficulties in the business setting, with reference to analytical tools such as the Edgeworth box.

Service Franchising

Autore: Ilan Alon
Editore: Springer Science & Business Media
ISBN: 0387282564
Grandezza: 69,42 MB
Formato: PDF, Mobi
Vista: 1403
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Service Franchising succinctly extracts from observations about international franchising from both the scholarly and trade literature. The work adds insights gleaned through extensive research and the experiences of the author. As a result, the book advances the body of knowledge on international franchising for the academic community. In addition to being a breakthrough text for researchers in business and economics the book also contains guidance for franchisors and franchisees in their efforts to achieve success in the global marketplace. Ilan Alon has made major contributions to the understanding of franchising, both through his own research and his compiling and study of the work of other leading researchers. Alon pioneered research into the internationalization of franchising with his published studies from Asia, Europe, Latin America and other parts of the world.

The Economics Of Contracts

Autore: Eric Brousseau
Editore: Cambridge University Press
ISBN: 9780521893138
Grandezza: 10,48 MB
Formato: PDF, ePub
Vista: 2436
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A 2002 survey of economics of contracts appealing to scholars in economics, management and law.