Construct · 1 fields · 1 citations

resource scarcity theory of franchising: a standalone construct

One name. One construct. A landmark on the map.

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resource scarcitytheory of franchising1 CONSTRUCTResource scarcity theoryCOMBS · SMALL BUSINESS

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Small business

the idea that firms franchise to obtain capital and managerial talent they lack, then buy back units as resources grow.

In small business, resource scarcity theory of franchising refers to the idea that firms franchise to obtain capital and managerial talent they lack, then buy back units as resources grow. This meaning comes from Combs (1999) in Academy of Management Journal.[1]

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Nearby constructs

business1 fields · 1 citationsanchor · a standalone constructcapital2 fields · 3 citationsjingle · one word, two constructsfranchising1 fields · 1 citationsanchor · a standalone construct

References

  1. Combs, J. G., & Ketchen, D. J. (1999). Can Capital Scarcity Help Agency Theory Explain Franchising? Revisiting the Capital Scarcity Hypothesis. Academy of Management Journal, 42(2), 196-207. https://doi.org/10.2307/257092

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