Abstract
Franchising relationship became a popular business format among many entrepreneurs. As a consequence it developed into an important area of entrepreneurial research. The aim of this study is to investigate the efficiency of franchising as one of the main tools of entrepreneurship in terms of the links between the increasing globalization, spatial distribution of economic activity in light of knowledge economy. The study also aims to contribute to scholarly efforts being undertaken to develop a strong theoretical foundation for understanding entrepreneurship, specifically franchising in the knowledge economy.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
References
Bogan, V., & Darity, W., Jr. (2008). Culture and entrepreneurship? African American and immigrant self-employment in the United States. The Journal of Socio-Economics, 37, 1999–2019.
Burja, V., & Burja, C. (2013). Knowledge economy and entrepreneurship environment in Romania. The Annals of the University of Oradea Economic Sciences, 15(2), 633–641.
Casson, M. (1995). Entrepreneurship and business culture studies in the economics of trust. Cheltenham: Edward Elgar.
Castrogiovanni, G. J., & Justis, R. T. (1998). Franchising configurations and transitions. Journal of Consumer Marketing, 15(2), 170–190.
Chen, H. C. D., & Dahlman, C. J. (2005). The knowledge economy, KAM methodology and World Bank operations. World Bank Institute Working Paper, 37256.
Chiasson, M., & Saunders, M. (2005). Reconciling diverse approaches to opportunity research using the structuration theory. Journal of Business Venturing, 20, 747–767.
Dant, R. P., Grünhagen, M., & Windsperger, J. (2011). Franchising research frontiers for the twenty-first century. Journal of Retailing, 87(3), 258–259.
Deng, N. (2013). Study on the management innovation of enterprises in knowledge economy era. Business and Management Research, 2(4), 142–147.
Di Mauro, F., Dees, S., & McKibbin, W. J. (2008). Globalization, regionalism and economic interdependence. Cambridge: Cambridge University Press.
Dorin, C., & Alexandru, G. S. (2014). Dinamics of the entrepreneurship concept. Literature review. Annals of the University of Oradea, Economic Science Series, 1, 445–451.
Gillis, W. E., & Combs, J. G. (2009). Franchisor strategy and firm performance: Making the most of strategic resource investments. Business Horizons, 52(6), 553–561.
Gine, X., & Mansuri, G. (2014). Money or ideas? A field experiment on constraints to entrepreneurship in rural Pakistan. The World Bank Policy Research Working Paper, 6959
Gindling, T. H., & Newhouse, D. (2014). Self-employment in the developing world. World Development, 56, 313–331.
Gonzales-Diaz, M., & Solis-Rodriguez, V. (2012). Why do entrepreneurs use franchising as a financial tool? An agency explanation. Journal of Business Venturing, 27(3), 325–341.
Grünhagen, M., & Mittelstaedt, R. A. (2002). Is bigger better? International Journal of Entrepreneurial Behavior & Research, 8(3), 188–191.
Kaufmann, P. J., & Dant, R. P. (1998). Franchising and the domain of entrepreneurship research. Journal of Business Venturing, 14(1), 5–16.
Kaufmann, P. J., & Eroglu, S. (1998). Standardization and adaptation in business format franchising. Journal of Business Venturing, 14(1), 69–85.
Ketchen, D. J., Jr., Short, J. C., & Combs, J. G. (2011a). Is franchising entrepreneurship? Yes, no and maybe so. Entrepreneurship Theory and Practice, 35(3), 583–593.
Ketchen, D. J., Jr., Short, J. C., & Combs, J. G. (2011b). Franchising research: Major milestones, new directions, and its future within entrepreneurship. Entrepreneurship Theory and Practice, 35(3), 413–425.
Kingdon, G. G., & Knight, J. (2004). Unemployment in South Africa: The nature of the beast. World Development, 32(3), 391–408.
Lewandowska, L. (2014). Franchising as a way of creating entrepreneurship and innovation. Comparative Economic Research, 17(3), 163–181.
Leydesdorff, L., & Strand, O. (2013). The Swedish system of innovation: Regional synergies in a knowledge-based economy. Journal of the American Society for Information Science and Technology, 64(9), 1890–1902.
Lindblom, A., & Tikkanen, H. (2010). Knowledge creation and business format franchising. Management Decision, 48(2), 179–182.
Lundstrom, A., & Halvarsson, S. (2007). Entrepreneurship research: Past perspectives and future prospects. Foundations and Trends in Entrepreneurship, 2(3), 145–259.
Mariora, B., Victoria, B., & Dorina, P. (2013). Measures investigating the characteristics of accounting in knowledge-based economy: Study regarding the evolution of the romanian ICT industry in 2007–2011. The Annals of the University of Oradea Economic Sciences, 2, 485–497.
Minniti, M., Zacharakis, A., & Spinelli, S. (2007). Entrepreneurship: The engine of growth. Westport, CT: Greenwood.
Morozova, I., Hryseva, A., Krutikova, Y., & Protsyuk, V. (2013). Problems of development of the modern education system as one the risks of the global economy. World Applied Sciences Journal, 23(5), 635–637.
Murray, I. (2006). The franchising handbook: The complete guide to choosing a franchise. London: Kogan Page.
Obamba, M. O. (2013). Uncommon knowledge: World bank policy and the unmaking of the knowledge economy in Africa. Higher Education Policy, 26, 83–108.
Obamba, M. O., & Mwema, J. K. (2009). Symmetry and asymmetry: New contours, paradigms and politics in African academic partnerships. Higher Education Policy, 22(3), 349–371.
OECD. (1996). Shaping the 21st century: The contributions of development cooperation. Paris: OECD.
Olufunmilola, D., & Watson, A. (2013). Entrepreneurial orientation and the franchise system, organisational antecedents and performance outcomes. European Journal of Marketing, 47(5/6), 790–812.
Paswan, A. K., D’Souza, D., & Rajamma, R. K. (2014). Value co-creation through knowledge exchange in franchising. Journal of Services Marketing, 28(2), 116–125.
Prakash, A., & Hart, J. A. (2000). Responding to globalization. London: Routledge.
Raffiee, J., & Feng, J. (2014). Should I quit my day job?: A hybrid path to entrepreneurship. Academy of Management Journal, 57(4), 936–963.
Siemens, G. (2005). Connectivism: A learning theory for the digital age. International Journal of Instructional Technology and Distance Learning, 2(1), 3–10.
Stewart, T. (2001). The wealth of knowledge. New York: Doubleday.
Webb, J. W., Ireland, D. R., & Ketchen, D. J. (2014). Toward a greater understanding of entrepreneurship and strategy in the informal economy. Strategic Entrepreneurship Journal, 8(1), 1–15.
Welter, F., Brush, C., & Bruin, A. (2014). The gendering of entrepreneurship context. Institut für Mittelstandsforschung Bonn (Hrsg.) Working Paper, 01/14.
World Bank. (1999). World development report: Knowledge for development. New York: Oxford University Press.
Zahra, S. A., & Wright, M. (2011). Entrepreneurship’s next act. Academy of Management Perspectives, 25(4), 67–83.
Ziółkowska, M. J. (2010). Franczyza, nowoczesny model rozwoju biznesu [Franchising, a modern model of business development]. Warsaw: CeDeWu Sp.Z.o.o.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2016 Springer International Publishing Switzerland
About this paper
Cite this paper
Iyigun, N.O., Keskin, M. (2016). Is Franchising an Efficient Tool for Entrepreneurship in the Knowledge Economy?. In: Bilgin, M., Danis, H. (eds) Entrepreneurship, Business and Economics - Vol. 1. Eurasian Studies in Business and Economics, vol 3/1. Springer, Cham. https://doi.org/10.1007/978-3-319-27570-3_4
Download citation
DOI: https://doi.org/10.1007/978-3-319-27570-3_4
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-27569-7
Online ISBN: 978-3-319-27570-3
eBook Packages: Business and ManagementBusiness and Management (R0)