The value of reverse factoring consists of interest arbitrage and the potential option to
enable production. We provide closed-form expressions for both components, building on …

Platform economics has promoted open innovation through sufficient channels to reveal and
exchange knowledge with experts or valued customers. However, innovation also suffers …

The increasing uncertainty in technology and market trends makes it difficult for technology
firms to capture emerging opportunities. This paper develops an R&D planning framework …

This paper revisits the real option investment problem from a 'Knightian'perspective of
uncertainty. We examine the decision to invest in rail transit infrastructure (ie, transport …

We study the optimal firms' strategies in an R&D oligopoly environment for different types of
cooperative agreements under fuzzy uncertainty about the effects of cooperation. We …

Rare earths are important strategic mineral resources and have been widely used for
economic development and national security. The Chinese government has carried out …

This paper revisits the uncertainty-investment relationship with a real-option model. Unlike
existing models, the firm chooses both timing and size of investment, hence we use a new …

We examine the possibilities of premature and postponed replacement in a deterministic
infinite horizon model when there is technological progress. Both revenue and operating …

Die vorliegende Arbeit beschäftigt sich mit der Frage, welche Eigenschaften Investitionen in
innovative Produkte besitzen und wie diese Investitionen untersucht und optimal gesteuert …

Investments in technology create a large amount of capital investments by major companies.
Assessing such investment projects is identified as critical to the efficient assignment of …