First mover advantage through franchising
By Steven C. Michael. 2003
157 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Marketing, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/f507c0cbc464371839f8fcbfdeab84da29ba313c
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Citations in the corpus
- Research on Competitive Dynamics: Recent Accomplishments and Future Challenges (2004, background): “For example,Michael (2003)found that restaurant firms that were early to franchise had better outcomes than other franchisors whileCarow, Heron and Saxton (2004)found that well formulated acquisitions at the onset of acquisition waves provide valuable results (as measured by abnormal stock returns).”
- Standardisation versus Adaptation: Geographical Pressures to Deviate from Franchise Formats (2007, background): “This leads Oxenfeldt and Kelly [1968–69] to argue that franchising is a transitional form of business organisation to mobilise financial capital, local geographical knowledge and local entrepreneurs, and to secure first mover advantage [see Michael, 2003].”