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Franchising as a tool for sustainable regional development

Author

Listed:
  • Viktor I. Korsak

    (VolWest Group Co., Ukraine)

Abstract

One of the instruments of regional management of retail trade networks on this stage of development in the world economy, in our opinion, there is franchising. Actuality of his implantation in a regional economy consists in that franchising can execute the row of such important functions, as development of regional enterprise, creation of workplaces, increase of tax payment in local budgets, stimulation of development of regional producers, including of various industries to the economic clusters of a region.

Suggested Citation

  • Viktor I. Korsak, 2014. "Franchising as a tool for sustainable regional development," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 8(2), pages 94-99, June.
    • Handle: RePEc:rse:wpaper:v:8:y:2014:i:2:p:94-99
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    More about this item

    Keywords

    enterprise; franchise; retail; region; regional economy;
    All these keywords.

    JEL classification:

    • F18 - International Economics - - Trade - - - Trade and Environment
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M29 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Other
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies

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