Real options theory / edited by Jeffrey J. Reuer, Tony W. Tong.

Format:

Book

Contributor:

Reuer, J. J. (Jeffrey J.)

Tong, Tony W.

Series:

Advances in strategic management ; v. 24.

Advances in strategic management, 0742-3322 ; v. 24

Language:

English

Subjects (All):

Strategic planning.

Physical Description:

1 online resource (519 p.)

Place of Publication:

Amsterdam ; Oxford : Elsevier JAI, 2007.

Language Note:

English

Summary:

Real options theory has attracted significant interest in the field of strategic management. Advocates of the approach emphasize that importing concepts from financial economics holds out the potential of yielding new insights on strategic decision-making under uncertainty as well as boundary-of-the-firm issues that are the focus of competitive and corporate strategy. While considerable progress has been made in conceptualizing different types of real options for various strategic investments, considerably less has been done to empirically validate the core propositions of real options theory. As a result there is much debate about the merits and promise of real options in strategy.In light of the recent interest in real options as well as these trends in the field, this volume examines the ways in which real options theory can contribute to strategic management. This volume offers conceptual pieces that trace out pathways for the theory to move forward and presents new research on the implications of real options for strategic investment, organization, and firm performance. The compendium synthesizes and critiques the research on real options as well as offers a catalyst for further research on this theory in the strategy field. It seeks to examine the ways in which real options theory can contribute to strategic management. It includes conceptual pieces that unearth some of the key stumbling blocks and trace out pathways for real options theory to move forward. It presents theoretical and empirical analyses of real options in different strategic contexts.

Contents:

Joint ventures and real options : an integrated perspective / Ilya R.P. Cuypers, Xavier Martin

How do real options matter? Empirical research on strategic investments and firm performance / Jeffrey J. Reuer, Tony W. Tong

Strategic growth options in network industries / Lihui Lin, Nalin Kulatilaka

Market versus managerial valuations of real options / Timothy B. Folta, Jonathan P. OBrien

Deferral and growth options under sequential innovation / Michael J. Leiblein, Arvids A. Ziedonis

Business method patents as real options : value and disclosure as drivers of litigation / Atul Nerkar, Srikanth Paruchuri, Mukti Khaire

Managing a portfolio of real options / Jaideep Anand, Raffaele Oriani, Roberto S. Vassolo

Real options in strategic management / Tony W. Tong, Jeffrey J. Reuer

Capabilities, real options, and the resource allocation process / Catherine A. Maritan, Todd M. Alessandri

Real options : taking stock and looking ahead / Yong Li, Barclay E. James, Ravi Madhavan, Joseph T. Mahoney

Real options meet organizational theory : coping with path dependencies, agency costs, and organizational form / Russell W. Coff, Kevin J. Laverty

Real options and resource reallocation processes / Ron Adner

Why invest in firm-specific human capital? A real options view of employment contracts / Todd Fister, Anju Seth

An examination of options embedded in a firm's patents : the value of dispersion in citations / Tailan Chi, Edward Levitas

Technology switching option and the market value of the firm : a model and an empirical test / Raffaele Oriani

Strategic implications of valuation : evidence from valuing growth options / Todd M. Alessandri, Diane M. Lander, Richard A. Bettis

An empirical examination of management of real options in the U.S. venture capital industry / Isin Guler

Real options theory and international strategy : a critical review / Jing Li.

Notes:

Description based upon print version of record.

Includes bibliographical references.

Print version record

ISBN:

9781849504942

OCLC:

437182720