Ex-ante economic assessment in incremental R&D projects: technical and development time uncertainties addressed by the real options theory

This paper analyzes changes in the assessment of an incremental R&D project by an industrial firm with the progressive consideration of the endogenous treatment of its main sources of uncertainty: technical performance and development time. We found that the project, which was unfeasible under a...

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Detalhes bibliográficos
Autor principal: Leite,Luis Alberto Melchiades (author)
Outros Autores: Teixeira,José Paulo (author), Samanez,Carlos Patrício (author)
Formato: article
Idioma:eng
Publicado em: 2012
Assuntos:
Texto completo:http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-74382012000300008
País:Brasil
Oai:oai:scielo:S0101-74382012000300008