Real R & D Options - Softcover

Softcover

ISBN 10: 0080972942 ISBN 13: 9780080972947

Publisher: Butterworth-Heinemann, 2013

Synopsis

Real RD options are among the earliest modelled real options, with now ten primary practical uses: general RD planning, planning RD in stages, evaluating test information, new product development timing, operations, abandonment, risk sharing, market funding, industry strategy and regulation. This book was partly motivated by requests to identify and develop real option models for RD in telecommunications, petroleum technology and biotechnology. Nine new models cover information and implementation costs, analytical solutions for mean reverting, or fat tailed revenues, endogenous learning and exogenous and experiential shocks, American sequential options, and innovator advantages. Four new applications include forward start development options, exploration options, innovation with information costs, and innovator's real values with changing market share. RD directors and researchers will find several uses for these models: general RD planning evaluating test information new product development timing risk sharing industry strategy and regulation Real RD options are among the earliest modelled real options, with now ten primary practical uses: general RD planning, planning RD in stages, evaluating test information, new product development timing, operations, abandonment, risk sharing, market funding, industry strategy and regulation. This book was partly motivated by requests to identify and develop real option models for RD in telecommunications, petroleum technology and biotechnology. Nine new models cover information and implementation costs, analytical solutions for mean reverting, or fat tailed revenues, endogenous learning and exogenous and experiential shocks, American sequential options, and innovator advantages. Four new applications include forward start development options, exploration options, innovation with information costs, and innovator's real values with changing market share. RD directors and researchers will find several uses for these models: general RD planning evaluating test information new product development timing risk sharing industry strategy and regulation

Edition details

• Publisher: Butterworth-Heinemann
• Publication date: 2013
• Language: English
• ISBN 10: 0080972942
• ISBN 13: 9780080972947
• Binding: Paperback
• Number of pages: 344
• Editor: Paxson Dean A.