What makes and what does not make a real option? A study of international joint ventures
This paper examines the boundaries of real options logic, with an application to joint ventures (JVs). We distinguish between forms of uncertainty that are resolved endogenously and those that are resolved exogenously, and theorize that only exogenous uncertainty will have the impact predicted by re...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2006
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/1085 https://ink.library.smu.edu.sg/context/lkcsb_research/article/2084/viewcontent/ambpp.2006.22896816.pdf |
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| Institution: | Singapore Management University |
| Language: | English |