Evaluating strategic investments: Real options´ role in new manufacturing technology projects
The decision to invest, particularly in new manufacturing tecnologies, is often hampered by using conventional methods of capital investment analysis. Limitations of current approaches are discussed and new frameworks that are being presented in the literature with regard to strategic concern are analysed. It is discussed how real options, a relatively recent technique from this the finance area, may provide the ability to measure some of the benefits that are presently treated.
Volume (Year): IV (1999)
Issue (Month): 3 ()
|Contact details of provider:|| Postal: Rua do Quelhas 6, 1200-781 LISBOA|
Phone: +351-213 925 800
Fax: +351-213 925 850
Web page: http://www.iseg.ulisboa.pt/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:pjm:journl:v:iv:y:1999:i:3:p:197-204. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Luís Mota de Castro, Tiago Cardão-Pito, Mark Crathorne)
If references are entirely missing, you can add them using this form.