Economic Sustainability in Franchising: A Model to Predict Franchisor Success or Failure

Monge, María Esther Calderón; Pastor-Sanz, Iván; Huerta-Zavala, Pilar

doi:10.3390/su9081419

Cited by 17 publications

(14 citation statements)

References 80 publications

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“…Furthermore, while the franchisees of a smart furniture solution may have power over prices for the furniture materials, this power may not be absolute in most cases, as seen in the case of restaurant franchises in the USA [123]. Several other bureaucratic arrangements also surround franchising, as explained by the researchers in [124][125][126].…”

Section: Discussionmentioning

confidence: 99%

Commercial ICT Smart Solutions for the Elderly: State of the Art and Future Challenges in the Smart Furniture Sector

et al. 2020

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Within a ubiquitous environment, home and office furniture can be maximally utilized to provide ease, especially if the items are designed based on smart technology. For this reason, the acceptance of smart furniture has soared over the years. Given the vast influence of the Internet of Things (IoT) and Industry 4.0 on technological advancement in furniture design, it is imperative to examine information and communication technology (ICT) solutions for the elderly in the context of smart furniture design and implementation. This article presents a review of the state-of-the-art literature in smart solutions for the elderly based on publications under ICT smart solutions for these elderly, along with smart furniture options and manufacturer activities in terms of fixing market prices for these furniture materials. Furthermore, patenting rights on some existing smart furniture designs for the elderly, given the current trends in worldwide acceptance, are examined. Moreover, this article also highlights opportunities introduced by IoT-based solutions for the elderly as current trends in research and their effects on human life. Some smart product examples from different enterprises are also presented. New, innovative and active designs must be developed, focusing upon human healthcare, and in turn providing greater comfort and convenience for elderly people. To fulfil these requirements, the also selected technical aspects of new Smart Furniture solutions in connection to the cost of these solutions are discussed. Simultaneously, Smart Furniture solutions need to be flexible, low-cost, easy to buy and install without expert knowledge, and widely available on the market.

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Section: Discussionmentioning

confidence: 99%

Commercial ICT Smart Solutions for the Elderly: State of the Art and Future Challenges in the Smart Furniture Sector

et al. 2020

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“…Castrogiovanni [12] discussed the issue of trade secrets owned by the franchiser and disclosed to the franchisee. E. Calderon-Monge, I. Pastor-Sanz and P. Huerta-Zavala [13] analysed the issue of discontinuation of the franchiser-franchisee relations after a franchise agreement is signed. L.A. Nugroho [14] studied the aspects of interpretation of a franchise agreement during court proceedings.…”

Section: Literature Reviewmentioning

confidence: 99%

Digital Franchising and Entrepreneurship: Effects of Digital Technology on the Relations of Business Process Participants

Gladilina*¹,

Kurbanov²,

Maximov³

et al. 2019

IJITEE

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 Abstract: One of the most popular forms of business in many industries of the world economy is franchising. The advance of franchising has changed the operational environment for economic entities and created the need to adjust operational processes, generate new knowledge and implement them in operations.The purpose of this paper is to analyse the potential of digital franchising and involved drivers of growth exploited by innovative franchisers in the long run.The paper provides an analysis and specifies the theoretical aspects of operating digital franchising by an entrepreneurial enterprise. The drivers of growth exploited by innovative franchisers in the long run are determined. Digital franchising trends are profiled against the backdrop of digitalisation of the world economy.

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“…For the second and third treatment, the teams were kept the same, the difference between treatments being the amount of the up-front pay. Indeed, increasing up-front franchise fees encourages efficiency and profitability [43]. There is also evidence that coordination does improve when the fee rises and is publicly announced (i.e., public costs) [14,31].…”

Section: Hypothesismentioning

confidence: 99%

Efficiency and Sustainability in Teamwork: The Role of Entry Costs

2018

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This research studies how incentives to cooperation and sustainability through up-front pay mechanisms can impact teamwork. For this purpose, we carry out certain laboratory experiments on the two-player Minimum Effort Game. First, we compare two treatments: one with "free play teams", against teams forced to make a non-refundable up-front payment that covers the total output in case of maximum contribution, which we call "optimal entry cost teams". In the second comparison, experimental results are focused on different amounts in the up-front pay in order to test the theoretical prediction that higher entry costs might improve efficiency (optimal entry cost treatment vs. medium entry cost treatment). We find that the up-front pay mechanism induces higher effort levels compared to the "free play teams", which converge to the efficient and sustainable solution. The increase in the up-front pay, however, does not seem to accelerate such a convergence. These findings provide evidence for a new mechanism to encourage efficiency and sustainability in firms.

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Economic Sustainability in Franchising: A Model to Predict Franchisor Success or Failure

Cited by 17 publications

References 80 publications

Commercial ICT Smart Solutions for the Elderly: State of the Art and Future Challenges in the Smart Furniture Sector

Commercial ICT Smart Solutions for the Elderly: State of the Art and Future Challenges in the Smart Furniture Sector

Digital Franchising and Entrepreneurship: Effects of Digital Technology on the Relations of Business Process Participants

Efficiency and Sustainability in Teamwork: The Role of Entry Costs

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