Digital Franchising and Entrepreneurship: Effects of Digital Technology on the Relations of Business Process Participants
Irina Petrovna Gladilina1, Salman Abduganievich Kurbanov2, Denis Alekseevich Maximov3, Ekaterina Dmitrievna Dobrova4, Katrina Benikovna Dobrova5

1Irina Petrovna Gladilina*, Moscow Metropolitan Governance University, Moscow, Russia.
2Salman Abduganievich Kurbanov, Chechen State University, Grozny, Russia.
3Denis Alekseevich Maximov, Plekhanov Russian University of Economics, Moscow, Russia.
4Ekaterina Dmitrievna Dobrova, Moscow Aviation Institute, Moscow, Russia.
5Katrina Benikovna Dobrova, Moscow Aviation Institute, Moscow, Russia.

Manuscript received on October 12, 2019. | Revised Manuscript received on 22 October, 2019. | Manuscript published on November 10, 2019. | PP: 3892-3896 | Volume-9 Issue-1, November 2019. | Retrieval Number: A4985119119/2019©BEIESP | DOI: 10.35940/ijitee.A4985.119119
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Abstract: One of the most popular forms of business in many industries of the world economy is franchising. The advance of franchising has changed the operational environment for economic entities and created the need to adjust operational processes, generate new knowledge and implement them in operations. The purpose of this paper is to analyse the potential of digital franchising and involved drivers of growth exploited by innovative franchisers in the long run. The paper provides an analysis and specifies the theoretical aspects of operating digital franchising by an entrepreneurial enterprise. The drivers of growth exploited by innovative franchisers in the long run are determined. Digital franchising trends are profiled against the backdrop of digitalisation of the world economy.
Keywords: Franchising, Franchise, Digital Franchising, Franchise Network, Franchiser, Franchisee.
Scope of the Article: Digital System and Logic Design