Interfirm Networks: Franchising, Cooperatives and Strategic by Josef Windsperger, Gérard Cliquet, Thomas Ehrmann, Georg PDF

By Josef Windsperger, Gérard Cliquet, Thomas Ehrmann, Georg Hendrikse

The association of interfirm networks, similar to alliances, cooperatives, franchise and retail chains, has develop into a huge study subject within the box of economics, advertising and marketing, strategic administration, and association idea. This publication contributes to the literature on formal and casual inter-organizational governance through offering new insights on agreement layout, possession, evolution of cooperation, function of social capital and function in franchising networks; contains issues of loyalty, attractiveness and organizational shape in addition to functionality of cooperatives, and discusses the connection among formal and relational governance in alliances, governance constructions of innovation actions, dynamics of interfirm conflicts, and community externalities and alliance formation.

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Additional resources for Interfirm Networks: Franchising, Cooperatives and Strategic Alliances

Example text

2 Uncertainty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Organizational Capability Theory . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Transferability of System-Specific Assets . . . . . . . . . . . . . . . . . . 3 Methodology . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

The endogenous variables are instrumented by their lagged values and the exogenous variables. We had two more exogenous variables: the economic return and the turnover of the franchisor because of their exogenous nature, and because they were available for almost all the networks in our sample. The estimation results are presented in the following section. 2 Estimation Results The dynamic panel data model is estimated on the full sample, and then on several subsamples to take into account: the influence of the sector (retail versus services), the influence of the franchisor’s profitability, and the influence of the risk level in the network.

1 Transaction-Specific Investments . . . . . . . . . . . . . . . . . . . . . . 2 Uncertainty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Organizational Capability Theory . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Transferability of System-Specific Assets . . . . . . . . . . . . . . . . . . 3 Methodology . . . . . . . . . .

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