The present article contains an analysis of differences between licensing and franchising. It is demonstrated that models of royalty rate calculation developed for licensing should not be applied to franchising as benefits received by licensee and franchisee are different. It is proposed to include in the model of royalty calculation the risk reduction generated by franchisor’s effective techno...

BACKGROUND In Kenya, as in many low-income countries, the private sector is an important component of health service delivery and of providing access to preventive and curative health services. The Tunza Social Franchise Network, operated by Population Services Kenya, is Kenya's largest network of private providers, comprising 329 clinics. Franchised clinics are only one source of family planni...

We develop a model of voluntary gradual franchise extension and growth based on the idea that voting is an information aggregation mechanism. A larger number of voters mean that more correct decisions are made hence increasing output, but also imply that any incremental output must be shared among more individuals. These conflicting incentives lead to a dynamic model of franchise extensions tha...

the role of franchising for business growth, job creation, and economic development has been widely recognized around the world. to our knowledge, however, no research has been conducted to investigate franchise practices in iran. the purpose of this study was to investigate franchisor franchisee relationship and franchisees’ buying behavior using structural equation modeling, in tehran provinc...

A number of factors have made franchising a successful business model: new store expansion can be accelerated because much of the investment capital and many of the management decisions come from local franchise owners, distribution of fixed costs across many outlets provides economies of scale in purchasing and advertising which only large networks can provide, and the financial risks and rewa...