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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Main Authors: | WANG, Heli, LIM, Sonya Seongyeon |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2008
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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 |
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