A real option based model for the valuation of patent protected technological innovation projects
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DOI: 10.1016/j.wpi.2018.05.002
Abstract: Abstract Decision Tree Analysis and Internal Rate of Return, do not properly consider uncertainty and flexibility, which are crucial for both valuating a project and the related decision-making process. Usually, uncertainty and managerial flexibility have… read more here.
Keywords: decision; protected technological; patent protected; model ... See more keywords