Franchising as a tool for sustainable regional development

Viktor I. Korsak ()
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Viktor I. Korsak: VolWest Group Co., Ukraine

Review of Applied Socio-Economic Research, 2014, vol. 8, issue 2, 94-99

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.

Keywords: enterprise; franchise; retail; region; regional economy (search for similar items in EconPapers)
JEL-codes: F18 L26 M29 R13 (search for similar items in EconPapers)
Date: 2014
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