Traditional investment appraisal techniques, such as net present value (NPV) do not capture the flexibility in the investment deployment strategy inherent in most of the technology projects. In this paper, we use Real Options (ROs) to capture the value of flexibility in the evaluation of a...

The information and communication technology (ICT) industry is one of the most capital intensive among the high-technology industries. ICT business analysis, especially after the industry deregulation, has become a difficult task. This study integrates Real Options and Game Theory perspectives...

This paper provides a methodology for finding the optimum deployment strategy for ICT business activities in the context of initial infrastructure projects, which support a number of future investment opportunities. It treats these opportunities as real options (ROs) and assumes that there is a...

Recognizing the inadequacy of traditional quantitative cost-benefits analysis for evaluating telecommunications investments, researchers suggest real options (ROs) for controlling and valuating telecommunications business activities. However, ROs are based on the concept to delay investment for...

Information Communication Technology (ICT) projects may contain “wait and see” components, which give ICT managers the option to defer decisions until some uncertainty is resolved. In this paper, we treat these ICT opportunities as Real Options (RO) and assume that there is competition...

After the deregulation of the telecommunications market, municipalities and utility-based firms which own physical resources are capable of entering in this market. This study focuses on the broadband business field and provides a model for analyzing the new perspectives for new investors in the...

The information and communication technology (ICT) industry is one of the most capital intensive among the high-technology industries. ICT business analysis, especially after the industry deregulation, has become a difficult task. Traditional quantitative cost-benefit analysis concerning...

The inadequacy of traditional quantitative cost-benefit analysis for evaluating Information and Communications Technologies (ICT) infrastructure investments have led researchers to suggest real options (ROs) analysis for valuating ICT projects. However, ROs models are strictly quantitative and...

After the liberalization of Information and Communication Technology (ICT) markets many potential providers have appeared. Thus, business complexity, for ICT decision makers, has increased. In this paper we focus on the problem of selecting the optimal business evolution path for ICT, focusing...

E-learning markets have been expanding very rapidly. As a result, the involved senior managers are increasingly being confronted with the need to make significant investment decisions related to the e-learning business activities. The valuation of e-learning business activities is a challenging...