Real options and real value: The role of employee incentives to make specific knowledge investments

Real options reasoning emphasizes the strategic value of making flexible investments in a turbulent environment. Employees' investments in specific human capital are often critical to the success of a real option project, but the very flexibility that allows a firm to change course in response...

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Bibliographic Details
Main Authors: WANG, Heli, LIM, Sonya Seongyeon
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2008
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/3451
https://doi.org/10.1002/smj.681
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Institution: Singapore Management University
Language: English