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dc.contributor.authorFacanha, Luis Otávioen
dc.contributor.authorResende, Marceloen
dc.contributor.authorCardoso, Vicenteen
dc.contributor.authorSchröder, Bruno H.en
dc.date.accessioned2011-05-24-
dc.date.accessioned2011-06-29T11:14:02Z-
dc.date.available2011-06-29T11:14:02Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/46249-
dc.description.abstractThe paper investigates survival patterns of Brazilian franchising firms during the 1994-1999 period. First, at a more descriptive level one considered the (percentage) survival of newly created franchisors in the following years. The evidence indicated a drastic decay in survival after only a few years and contrasts with the higher survival of firms in the franchising firms in more developed economies. Survival functions were obtained by means of the Kaplan-Meier estimator for the selected sectors and indicated sharp declines in survival rates over time but with differential patterns across sectors. Finally, an econometric analysis based on Cox's proportional hazard model was considered by exploring explanatory variables pertaining size, age and support regarding legal aspects, location choice and training. The evidence indicates that those supports provided by the franchisor have a positive impact on the probability of survival of new firms whereas there is partial evidence favoring a positive role for firm size on survival.en
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x3388en
dc.subject.jelL81en
dc.subject.jelM13en
dc.subject.ddc330en
dc.subject.keywordfranchisingen
dc.subject.keywordsurvivalen
dc.subject.stwFranchisingen
dc.subject.stwUnternehmensentwicklungen
dc.subject.stwBrancheen
dc.subject.stwBetriebsgrößeen
dc.subject.stwSchätzungen
dc.subject.stwBrasilienen
dc.titleSurvival of new firms in the Brazilian franchising segment: An empirical study-
dc.typeWorking Paperen
dc.identifier.ppn659523973en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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