Entrepreneurial failure: The case of Franchisees

Steven C. Michael; James G. Combs

doi:10.1111/j.1540-627X.2007.00232.x

Entrepreneurial failure: The case of Franchisees

Steven C. Michael, James G. Combs

Business Administration

Research output: Contribution to journal › Article › peer-review

Abstract

The causes of failure are central to entrepreneurship research. This study extends agency and resource-based logic to explain how established franchisors affect franchisee failure. Analysis of 88 restaurant chains shows that franchisors reduce franchisee failure through contract design and by building strategic resources. Thus, franchisors' resource management and contractual policies play a key role in franchisees' survival.

Original language	English (US)
Pages (from-to)	73-90
Number of pages	18
Journal	Journal of Small Business Management
Volume	46
Issue number	1
DOIs	https://doi.org/10.1111/j.1540-627X.2007.00232.x
State	Published - Jan 2008

ASJC Scopus subject areas

General Business, Management and Accounting
Strategy and Management
Management of Technology and Innovation

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10.1111/j.1540-627X.2007.00232.x

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Entrepreneurial failure: The case of Franchisees

Abstract

ASJC Scopus subject areas

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