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The Korean Journal of Franchise Management / The Korean Journal of Franchise Management, (E)2508-4593
2017, v.8 no.1, pp.5-18
https://doi.org/https://doi.org/10.21871/kjfm.2017.03.8.1.5.
Adeiza, Adams
Malek, Marlin Abdul
Ismail, Noor Azizi

Abstract

Purpose - Although literature has established the relevance of entrepreneurial orientation(EO) in the performance of conventional firms, the constraining nature of franchise arrangement makes one wonders if the same relationship holds for companies operating under the business model. Research design, data, and methodology - Using Nigeria - a country with high potential for franchise growth - as a context, this study aims to explore the relevant entrepreneurial orientation skills exhibited by franchisees and show the extent to which these skills influence their business performance and intention to remain. 26 franchisees purposively selected from six local franchise brands in Nigeria were interviewed. Result and Conclusions - The three classic entrepreneurial orientation factors of innovativeness, proactiveness and risk-taking were found to have varying influence on franchisees' business outcomes. This study answers the calls for more in-depth understanding of the relationship between EO and firm performance generally and, franchise firm performance in particular. The value of this effort lies in the fact that it strengthens theory and updates literature on the subject. Based on the findings, specific recommendations are offered to help improve the practice of franchising in Nigeria.

keywords
Entrepreneurial Orientation, Franchisees' Performance, Overall Satisfaction, Intention to Remain

The Korean Journal of Franchise Management