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- W2101237037 abstract "The paper imports competition into deciding of strategic investment of two stages, using the method of real option game, and analyzes how enterprise makes its decisions when competition appears. The result opens out: enterprise has no impetus to develop new technology when they face competition from opponent in producing period, otherwise, they have the impetus. Furthermore, if they cooperate in stage of research, both their income will increase remarkably according to using flexible value in terms of uncertainty. The conclusion is very helpful to understanding principle of deciding of strategic investment in some industry such as high-tech." @default.
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- W2101237037 date "2011-04-01" @default.
- W2101237037 modified "2023-09-25" @default.
- W2101237037 title "Decision Making of Strategic Investment in Relation to Competition and Two Stages" @default.
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- W2101237037 doi "https://doi.org/10.1109/cso.2011.113" @default.
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