A Resource-Based View of Three Forms of Business in the Startup Phase: Implications for Franchising

Authors

  • Dianne H.B. Welsh The University of North Carolina Greensboro
  • Amy E. Davis College of Charleston
  • David E. Desplaces College of Charleston
  • Cecilia McHugh Falbe University at Albany State University of New York

Abstract

The decision to buy a franchise, start a new independent business, or buy an existing business is a critical decision faced by entrepreneurs. This study uses the Resource-Based View (RBV) of organizations to compare franchisees in the startup phase to both entrepreneurs who start new independent businesses and entrepreneurs who purchase established businesses. Our analysis of U.S. data from the Kauffman Firm Survey found similarities among those starting franchises and purchasing existing independent businesses. Implications for future research and practice are discussed.

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Published

2011-01-21

Issue

Vol. 22 No. 1 (2011)

Section

Articles

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How to Cite

A Resource-Based View of Three Forms of Business in the Startup Phase: Implications for Franchising. (2011). Journal of Small Business Strategy (archive Only), 22(1), 47-66. https://libjournals.mtsu.edu/index.php/jsbs/article/view/149