Learning,contractual capabilities,and contract duration changes in franchise networks |
| |
| Affiliation: | 1. Stephen F. Austin State University, United States;2. University of Kentucky, United States;3. The Pennsylvania State University Abington, United States;1. IQS School of Management, Universitat Ramon Llull, Via Augusta, 390, 08017, Barcelona, Spain;2. Tecnológico de Monterrey, Avenida General Ramón Corona 2514, Nuevo México, 45138, Zapopan, JAL, Mexico;1. Sauder School of Business, University of British Columbia (UBC), Vancouver, British Columbia, V6T 1Z2, Canada;2. Rowe School of Business, Dalhousie University, Halifax, NS, B3H 4R2, Canada;1. Ehrenberg-Bass Institute, UniSA Business, University of South Australia, City West Campus Level 4, Yungondi Building, North Terrace Adelaide, SA 5000, Australia;2. Massey University, Auckland, New Zealand |
| |
| Abstract: | Research has shown that although franchise contract duration tends to be stable, it does change from time to time; yet few studies have focused on such changes in contract duration. We propose hypotheses regarding changes in contract duration based on transaction cost theory and learning arguments, and test these hypotheses using panel data from the French Franchise Federation for the period 2009–2017. The results show that the issue of control remains central to the adjustment of contract duration. We also demonstrate that experienced franchisors tend to adjust the contract duration more frequently. These results point to a conception of learning that goes beyond simple foresight, and refers instead to the routines used in the management of the network. |
| |
| Keywords: | Franchisor Franchising Contract duration Contract management capabilities Learning |
| 本文献已被 ScienceDirect 等数据库收录！ |
|
