As a business model, franchising makes a major contribution to gross domestic product (GDP). A model that predicts franchisor success or failure is therefore necessary to ensure economic sustainability. In this study, such a model was developed by applying Lasso regression to a sample of franchises operating between 2002 and 2013. For franchises with the highest likelihood of survival, the franchise fees and the ratio of company-owned to franchised outlets were suited to the age of the franchise. Surviving franchises were those that opened franchised outlets at a sustainable pace, increased the franchise fee as intangible assets increased, and effectively managed profitability and efficiency.

No abstract

This paper analyses the influence of market and brand-related signals on franchisees' decisions when choosing a franchise brand with which to open an outlet for the first time. Panel data methodology was used to analyse a sample of 1277 chains operating in Spain, Mexico and Peru between 2004 and 2013. The results show that market signals prevail over brand-related signals. Within brand-related signals, franchisees first seek information relating to the brand's sector and then seek information relating to the brand's value. Franchisors should match the content of the signals they send to the market to the true characteristics of the franchise.Franchisors should also endeavour to ensure the country where they operate has general and franchise-specific legislation that fosters business activity by both franchisor and franchisee. The use of institutional quality as a signal in a multi-country study represents a significant contribution to the literature on franchising.

No abstract

Se busca conocer en qué medida la confianza que construyen los estudiantes por su universidad influyen en su compromiso afectivo y también cómo los efectos tanto de la confianza y del compromiso afectivo determinan su emprendimiento. Este estudio es cuantitativo, transversal, de tipo no experimental y explicativo. Se ha desarrollado una encuesta estructurada para recolectar información de una muestra de 126 universitarios y se aplicó el método de ecuaciones estructurales mediante un análisis Path utilizando los programas estadísticos LISREL 8.80 e IBM SPSS 24. Los resultados muestran que los estudiantes desarrollan relaciones de confianza que determinan el compromiso afectivo. No obstante, la confianza que el estudiante siente por la universidad no influye en su espíritu emprendedor.