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- W1997492033 abstract "The real-options paradigm serves as a new platform in the evaluation of intellectual capital assets. A prominent case of real-options applications in intellectual capital is R&D investment, since R&D constitutes a major part of a firm's structural capital as well as a major field of real-options applications. First, we describe the real-options approach to the evaluation of R&D investment, focusing on modelling assumptions and the pricing approaches. We then present an extensive account of the opportunities that the real-options analysis lends to intellectual capital quantitative methods. We also study the issues that need to be tackled so that the quantifying norms of real options can be adapted to complex features of the real-world business environment. Copyright © 2005 John Wiley & Sons, Ltd." @default.
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- W1997492033 date "2005-01-01" @default.
- W1997492033 modified "2023-09-23" @default.
- W1997492033 title "The real-options approach to intellectual capital analysis: a critique" @default.
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- W1997492033 doi "https://doi.org/10.1002/kpm.230" @default.
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