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Capabilities And Capital Investment: New Perspectives On Capital Budgeting

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  • CARLISS Y. Baldwin
  • Kim B. Clark

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  • CARLISS Y. Baldwin & Kim B. Clark, 1992. "Capabilities And Capital Investment: New Perspectives On Capital Budgeting," Journal of Applied Corporate Finance, Morgan Stanley, vol. 5(2), pages 67-82, June.
    • Handle: RePEc:bla:jacrfn:v:5:y:1992:i:2:p:67-82
    DOI: 10.1111/j.1745-6622.1992.tb00491.x
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    References listed on IDEAS

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    1. Pindyck, Robert S, 1991. "Irreversibility, Uncertainty, and Investment," Journal of Economic Literature, American Economic Association, vol. 29(3), pages 1110-1148, September.
    2. He, Hua & Pindyck, Robert S., 1992. "Investments in flexible production capacity," Journal of Economic Dynamics and Control, Elsevier, vol. 16(3-4), pages 575-599.
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    Cited by:

    1. Hicham SADOK & Youssef FAHMI & Sami BEN JABEUR & Abdellatif TAGHZOUTI, 2014. "La perception du capital immatériel par le marché financier Marocain: une étude exploratoire," Working Papers 2014-314, Department of Research, Ipag Business School.
    2. Linnéusson, Gary & Ng, Amos H.C. & Aslam, Tehseen, 2020. "A hybrid simulation-based optimization framework supporting strategic maintenance development to improve production performance," European Journal of Operational Research, Elsevier, vol. 281(2), pages 402-414.
    3. Lander, Diane M. & Pinches, George E., 1998. "Challenges to the Practical Implementation of Modeling and Valuing Real Options," The Quarterly Review of Economics and Finance, Elsevier, vol. 38(3, Part 2), pages 537-567.
    4. Chang, Sungyong & Kim, Hyunseob & Song, Jaeyong & Lee, Keun, 2024. "Dynamics of imitation versus innovation in technological leadership change: Latecomers’ catch-up strategies in diverse technological regimes," Research Policy, Elsevier, vol. 53(9).
    5. Navjot Kaur & Balwinder Singh, 2024. "Dynamics of resource allocation–firm performance relationship: Panel autoregressive distributed lag approach," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 45(6), pages 3663-3676, September.
    6. Bruce Kogut & Nalin Kulatilaka, 2001. "Capabilities as Real Options," Organization Science, INFORMS, vol. 12(6), pages 744-758, December.
    7. Awerbuch, Shimon & Dillard, Jesse & Mouck, Tom & Preston, Alistair, 1996. "Capital budgeting, technological innovation and the emerging competitive environment of the electric power industry," Energy Policy, Elsevier, vol. 24(2), pages 195-202, February.
    8. Catherine A. Maritan & Robert E. Florence, 2008. "Investing in capabilities: bidding in strategic factor markets with costly information," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 29(2-3), pages 227-239.
    9. Baresa, Suzana & Bogdan, Sinisa & Ivanovic, Zoran, 2016. "Capital Investments And Financial Profitability," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 7(1), pages 49-59.
    10. Segelod, Esbjorn, 1996. "Corporate control of investments and management styles," International Journal of Production Economics, Elsevier, vol. 43(2-3), pages 227-237, June.
    11. Philipp N. Baecker, 2007. "Real Options and Intellectual Property," Lecture Notes in Economics and Mathematical Systems, Springer, number 978-3-540-48264-2, December.
    12. William Lazonick, 2006. "Corporate Governance, Innovative Enterprise, and Economic Development," WIDER Working Paper Series RP2006-71, World Institute for Development Economic Research (UNU-WIDER).
    13. Mouck, Tom, 2000. "Beyond Panglossian theory: strategic capital investing in a complex adaptive world," Accounting, Organizations and Society, Elsevier, vol. 25(3), pages 261-283, April.
    14. Segelod, Esbjörn, 1995. "Resource allocation in divisionalized groups : a survey of major Swedish groups," Working Papers 1995:3, Uppsala University, Department of Business Studies.
    15. Bange, Mary M. & De Bondt, Werner F. M., 1998. "R&D budgets and corporate earnings targets," Journal of Corporate Finance, Elsevier, vol. 4(2), pages 153-184, June.
    16. Navya Pandit & Constantin Prox & Carliss Y. Baldwin, 2022. "Studying modular design: an interview with Carliss Y. Baldwin," Journal of Organization Design, Springer;Organizational Design Community, vol. 11(2), pages 77-85, June.
    17. Corinne A. Coen & Catherine A. Maritan, 2011. "Investing in Capabilities: The Dynamics of Resource Allocation," Organization Science, INFORMS, vol. 22(1), pages 99-117, February.
    18. William Lazonick, 2012. "Corporate Governance, Innovative Enterprise and Executive Pay," Chapters, in: Michael Dietrich & Jackie Krafft (ed.), Handbook on the Economics and Theory of the Firm, chapter 25, Edward Elgar Publishing.
    19. Gbenga Adamolekun & Edward Jones & Hao Li, 2023. "Cash holding dynamics and competition intensity: Evidence from UK firms," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(1), pages 641-662, January.

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