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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| Other Authors: | , |
| Format: | article |
| Language: | eng |
| Published: |
2012
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| Subjects: | |
| Online Access: | http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-74382012000300008 |
| Country: | Brazil |
| Oai: | oai:scielo:S0101-74382012000300008 |