This paper contributes to the debate on the role of real options theory in business strategy
and organizational decision‐making. It analyses and critiques the decision‐making and …

To understand how firms facing technological discontinuities utilize knowledge from alliance
portfolios, we unpack absorptive capacity into “latitudinal” and “longitudinal” components …

Abstract Research Summary While real options theory has been applied with the optimality
assumption, actual real options investments are made by managers, who are subject to …

Responsiveness, robustness and resilience (the “Triple R”) have become key objectives in
global manufacturing, as a way of gaining competitive advantage in the global marketplace …

Real options reasoning assumes timely and effective managerial decision making yet does
not address managers' ability to provide it. An attention-based view describes managerial …

We delineate three dimensions of resource allocation behavior that allow us to distinguish
between real options logic and alternative resource allocation regimes: sequencing, low …

Research Summary: Combining studies on real options theory and economic short‐termism,
we propose that, depending on CEOs' career horizons, CEOs have heterogeneous interests …

The field of entrepreneurship captures how enterprising individuals discover and
appropriate opportunities to create new wealth. Focusing on the entrepreneur, this chapter …

In evaluating capital budgeting decisions, quantitative approaches, such as traditional
discounted cash flow modeling and real options valuations, are useful when there is a …

The unique impacts to businesses of the Covid-19 pandemic and the war in Ukraine
exemplify the need for decision-makers to be prepared not just for foreseeable risks, but …