Franchising and the family firm

creating unique sources of advantage through "familiness"

Francesco Chirico*, R. Duane Ireland, David G. Sirmon

*Corresponding author for this work

Research output: Contribution to journalArticle

57 Citations (Scopus)

Abstract

The paucity of research examining family firms engaged with franchising is surprising. We theorize about differences in franchising behavior between family and nonfamily firms and the relative advantages accruing to family firms in this context. We also explore how selection processes tend to lead to family franchisor/family franchisee matches that enable a more effective sharing of complementary resources. The theoretical framework we develop is grounded in the "familiness" of the family firm as suggested by the logic of the resource-based view. Additionally, our theoretical analysis extends and complements the frequent use of agency theory as the basis for studying franchising.

Original languageEnglish
Pages (from-to)483-501
Number of pages19
JournalEntrepreneurship: Theory and Practice
Volume35
Issue number3
DOIs
Publication statusPublished - 1 May 2011
Externally publishedYes

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