Franchising and The Family Firm: Creating Unique Sources of Advantage Through 'Familiness'

Entrepreneurship Theory and Practice, 35, 483-501, May 2011

34 Pages Posted: 18 Nov 2012 Last revised: 6 Feb 2020

See all articles by Francesco Chirico

Francesco Chirico

Jonkoping University - Jonkoping International Business School (JIBS); Macquarie University, Macquarie Business School

R. Duane Ireland

Texas A&M University - Department of Management

David G. Sirmon

Texas A&M University

Date Written: 2011

Abstract

The paucity of research examining family firms engaged with franchising is surprising. We theorize about differences in franchising behavior between family and nonfamily firms and the relative advantages accruing to family firms in this context. We also explore how selection processes tend to lead to family franchisor/family franchisee matches that enable a more effective sharing of complementary resources. The theoretical framework we develop is grounded in the “familiness” of the family firm as suggested by the logic of the resourcebased view. Additionally, our theoretical analysis extends and complements the frequent use of agency theory as the basis for studying franchising.

Keywords: Family firm, franchising, familiness, resources, performance

Suggested Citation

Chirico, Francesco and Chirico, Francesco and Ireland, R. Duane and Sirmon, David G., Franchising and The Family Firm: Creating Unique Sources of Advantage Through 'Familiness' (2011). Entrepreneurship Theory and Practice, 35, 483-501, May 2011, Available at SSRN: https://ssrn.com/abstract=2177287

Francesco Chirico (Contact Author)

Jonkoping University - Jonkoping International Business School (JIBS) ( email )

Jönköping, 55111
Sweden

Macquarie University, Macquarie Business School ( email )

New South Wales 2109
Australia

R. Duane Ireland

Texas A&M University - Department of Management ( email )

430 Wehner
College Station, TX 77843-4218
United States

David G. Sirmon

Texas A&M University ( email )

430 Wehner
College Station, TX 77843-4218
United States

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