Real R and D Options - Theory, Practice and Implementation

Intends to identify and develop real option models for R&D in telecommunications, petroleum technology and biotechnology. This book includes different models that cover information and implementation costs, analytical solutions for mean reverting, endogenous learning and exogenous and experiential shocks, and innovator advantages.

List of contents

Real R&D option models: classics and development (Paxson)
R&D (Dis)investment decisions (Bieke, Klumpes, Tippett)
Information uncertainty and real options (Bellalah)
Subsidies for R&D investments (Jou, Lee)
A gene to drug venture: Poisson and extreme distribution models
R&D real American sequential investment options (Lee, Paxson)
Implementation uncertainty and investment timing (Tsekrekos)
Review of classical & new real R&D empirical applications (Paxson)
Venture capital investments (Seppa, Laamanen)
Geological uncertainty (Cortazar, Casassus, Schwartz)
Service sector R&D (Warren, Jensen)
Pharmaceutical R&D (Loch, Bode-Greuel)
Electronics R&D new product (Lint, Pennings)
Appendix 1: Models in Excel
Appendix 2: Real R&D Options Database

Product details

• Authors: Dean Paxson
• Assisted by: Dean Paxson (Editor)
• Publisher: ELSEVIER SCIENCE BV
• Languages: English
• Product format: Hardback
• Released: 01.01.2008
• EAN: 9780750653329
• ISBN: 978-0-7506-5332-9
• No. of pages: 333
• Series: Quantitative Finance Series; Quantitative Finance; Quantitative Finance Series; Quantitative Finance
• Subject: Social sciences, law, business > Business > Business administration