Real options have gained considerable traction among management scholars and practitioners, yet some challenges remain regarding their strategic value and appropriate use. This article seeks to add ...
"The Edsel is here to stay." That's what Ford Motor Co. chairman Henry Ford II told Ford dealers in 1957. "There is no reason why anyone would want a computer in their home." Thus intoned Digital ...
Real Options Theory provides a rigorous framework for evaluating strategic investments under uncertainty by casting managerial choices as embedded options within projects. It extends traditional ...