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      Frank Hoy and Scott Shane Franchising as an Entrepreneurial Venture Form
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      Chapter

      Frank Hoy and Scott Shane Franchising as an Entrepreneurial Venture Form

      DOI link for Frank Hoy and Scott Shane Franchising as an Entrepreneurial Venture Form

      Frank Hoy and Scott Shane Franchising as an Entrepreneurial Venture Form book

      Frank Hoy and Scott Shane Franchising as an Entrepreneurial Venture Form

      DOI link for Frank Hoy and Scott Shane Franchising as an Entrepreneurial Venture Form

      Frank Hoy and Scott Shane Franchising as an Entrepreneurial Venture Form book

      Edited ByFrank Hoy, John Stanworth
      BookFranchising

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      Edition 1st Edition
      First Published 2003
      Imprint Routledge
      Pages 6
      eBook ISBN 9781315015576
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      ABSTRACT

      Even a cursory examination of extant literature contradicts the conventional wisdom. The very act of creating a franchise network is an entrepreneurial act. According to the International Franchise Association, a majority of their franchisor members have franchisees whose unit assets exceed the value of their franchisors. Many franchisors rely on franchisee experimentation to generate the innovations that keep their organizations healthy and competitive. The franchisors have also spawned new franchise networks from their corporate employees and franchisees.

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