Valuation and Return Dynamics of Research and Development Ventures
AbstractWe develop and analyze a model of a multi-stage investment project that captures many features of R\&D ventures and start-up companies. An important feature these problems share is that the firm learns about the potential profitability of the project t
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Bibliographic InfoPaper provided by Carnegie Mellon University, Tepper School of Business in its series GSIA Working Papers with number 57.
Date of creation: Oct 1997
Date of revision:
Contact details of provider:
Postal: Tepper School of Business, Carnegie Mellon University, 5000 Forbes Avenue, Pittsburgh, PA 15213-3890
Web page: http://www.tepper.cmu.edu/
This paper has been announced in the following NEP Reports:
- NEP-DEV-2000-09-13 (Development)
- NEP-FIN-2000-09-13 (Finance)
- NEP-INO-2000-09-13 (Innovation)
- NEP-MIC-2000-09-13 (Microeconomics)
- NEP-TID-2000-09-13 (Technology & Industrial Dynamics)
You can help add them by filling out this form.
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