Project management under risk: Using the real options approach to evaluate flexibility in R&D

Managerial ﬂexibility has value in the context of uncertain R&D projects,as management can repeatedly gather information about uncertain project and market characteristics and, based on this information,change its course of action.This value is now well accepted and referred to as real option value"...

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Year of publication:	2001
Authors:	Huchzermeier, Arnd ; Loch, Christoph H.
Published in:	Wissenschaftliche Hochschule für Unternehmensführung Koblenz - Lehrstuhl für BWL insbesondere Produktionsmanagement - Publikationen Management Science ; 47 (2001) 1, S. 85 - 101
Publisher:	Wissenschaftliche Hochschule für Unternehmensführung <Koblenz> / Lehrstuhl für Produktionsmanagement
Subject:	Management \| Projektmanagement \| Project Management \| Entscheidungsverhalten \| Entscheidung bei Unsicherheit

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Extent:	367616 bytes 17 p. application/pdf
Type of publication:	Article
Language:	English
Classification:	Forecast, decision making ; Individual Articles ; No country specification
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005840779