Franchising has been popular as a growth strategy for small businesses; it is even more so in today’s global and information-based economy. In early 2001, Entrepreneur magazine—well known for its Franchise 500 listing—added a Tech Businesses category to its Franchise Zone with three subcategories: Internet Businesses, Tech Training, and Miscellaneous Tech Businesses. This study applies Herbert ...

____________________________ The authors gratefully acknowledge financial support from the College of Business Administration at the University of Rhode Island. We would like to thank Tian Xiao at NAIC for useful comments and Xuanjuan Chen, doctoral student at University of Rhode Island, for computational assistance. We also thank participants at the 2003 Western Risk and Insurance Conference. ...

Hybrid organizational forms such as franchise systems join two or more independent parties under a contract. The ability of each party to achieve its goals depend upon the relative bargaining power in the relationship established by the contract. Using transaction cost economics and Porter’s (1980) characterization of sources of bargaining power, this paper argues that the franchisor can make i...

in business format franchising agreements, franchisee, while dependent to other party of the contract (franchisor), follows the method of business belonging to franchisor. franchisee use of the system leads to many obligations such as payment of franchise fees, secrecy of know how, non competition and making available all necessary factors to use the system. irrespective of the law which govern...

This article reexamines the administered contracts approach to regulation in light of recent empirical research that establishes the importance of transaction-costs in the organizational choice and design decisions. After reviewing the fundamentals of transaction cost reasoning and the franchise bidding-versus-regulation debate, the study surveys the empirical literature on franchise bidding, c...

is one of ten regional units mandated by Congress and established in Fall 1988 to support research, education, and training in surface transportation. The UC Center serves federal Region IX and is supported by matching grants from the U.S. Department of Transportation, the California Department of Transportation (Cattrans), and the University. Based on the Berkeley Campus, UCTC draws upon exist...

Utilizing theories of identity this article presents findings from a qualitative study regarding the significant role independent franchisee associations play within franchise systems. The data reveal that successful franchisee associations help manage the inherent tension that exists between cooperation and conflict in franchise relationships. A distinctive adaptive organizational identity pro...

Incorporating in Delaware can be expensive. Corporations pay up to $180,000 annually for this simple privilege—a figure that is substantially higher than incorporation in any other state. In their controversial article, Price Discrimination in the Market for Corporate Law, Professors Marcel Kahan and Ehud Kamar show that Delaware’s ability to charge a premium for incorporations, in the form of ...