rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Real Options and Strategic Technology Venturing
    sub title: A New Paradigm in Decision Making
  name:
    name part: Sipp, Caroline M.
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: Carayannis, Elias G.
    role:
      role term: author.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: xxu
    date issued: 2013
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: XIII, 124 p. 23 illus., 14 illus. in color. online resource.
  abstract: This book seeks to answer “why, when and how are real options used in strategic technology venturing?” This work tests for the role of real options in decision making involving three types of firms in decreasing order of technology-dependence – technology-driven (TD) (where the profit is fully dependent on new technology creation and leveraging), technology-based (TB) (where the profit is enabled and supported by technology) and technology-neutral (TN) (where the profit is almost independent of technology). It also deals with strategic and non-strategic types of decisions driven by real options. This analysis shows that an environment presenting co-opetitive (simultaneous competition and collaboration) conditions triggers the use of real options (why), that serve to transform the position, posture and propensity of businesses to innovate and thus they co-evolve (when) into more effective and efficient forms of businesses (co-specialization) (how). The authors demonstrate that embracing risk and uncertainty can increase levels and probability of new venture formation. However, their simulation also shows that it should be adapted to the risk profile of the firm and that timing is also a factor to be considered. Although engaging the concepts of real options, this analysis does not focus on a specific investment valuation methodology, but highlights the relationship between knowledge and risk and rather addresses the management of mindsets, as moving towards a systematic conceptualization of real options represents a different paradigm in decision making.
  table of contents: List of Figures -- List of Tables -- Chapter I. Conceptual framework -- Chapter II. Literature Review -- Chapter III. Findings -- Chapter IV. Conclusions -- Glossary -- References -- Annex I. Bibliography on Real Options and Strategic Decision Making -- Annex II. List of Survey Questions -- Annex III. List of Interview Topics -- Annex IV. Simulation Design -- Annex V. Survey TD and TB Profiles -- Annex VI. Wilcoxon Rank-Sum (Mann-Whitney) Tests.
  note: by Caroline M. Sipp, Elias G. Carayannis.
  subject:
    topic: Business
  subject:
    topic: Management
  subject:
    topic: Industrial management
  subject:
    topic: Finance
  subject:
    topic: Economic policy
  subject:
    topic: Business and Management
  subject:
    topic: Innovation/Technology Management
  subject:
    topic: R & D/Technology Policy
  subject:
    topic: Finance, general
  classification: HD28-70
  classification: 658.514
  related item:
    title info:
      title: Springer eBooks
  related item:
    title info:
      title: SpringerBriefs in Business, 31
  identifier: 9781461458142
  identifier: http://dx.doi.org/10.1007/978-1-4614-5814-2
  record info:
    record creation date: 121116
    record change date: 20151204153708.0
    record identifier: 978-1-4614-5814-2