by 21st Century Competition | May 7, 2014
A special type of agreemeFnt whereby one undertaking (the fran- chiser) grants to the other (the franchisee), in exchange for direct or indirect financial consideration, the right to exploit a package of industrial or intellectual property rights (franchise) for the...
by 21st Century Competition | May 7, 2014
Free riding occurs when one firm (or individual) benefits from the actions and efforts of another without paying for or sharing the costs. For example, a retail store may initially choose to incur costs of training its staff to demonstrate to potential customers how a...
