Mitigating Risk of Failure by Expanding Family Entrepreneurship and Learning from International Franchising Experiences of Johnny Rockets: A Case Study in Pakistan

It is generally believed worldwide and backed by research too that startups face a high risk of failure and eight to nine out of ten ideas may not work (Hisrich, Peters, & Shepherd, 2009).However, many experts claim that the situation can turn vice versa for family entrepreneurship (or creative family businesses) and franchise ventures (Francorp, 2

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Optimization of Rate of Penetration and Mechanical Specific Energy Using Response Surface Methodology and Multi-Objective Optimization

Optimizing the drilling process is critical for the exploration of natural resources.However, there are several mechanic parameters that continuously interact with formation properties, hindering the optimization process.Rate of penetration (ROP) and mechanical specific energy (MSE) are considered two key performance indicators that allow the ident

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