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Real R & D Options: Theory, Practice and Implementation (Quantitative Finance Series) (Quantitative Finance) (edit title)

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Description

Real R&D options are among the earliest modelled real options, with now ten primary practical uses: general R&D planning, planning R&D in stages, evaluating test information, new product development timing, operations, abandonment, risk sharing, market funding, industry strategy... read more

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First Sentence

Real R&D options are usually embedded in projects or processes, where management has the on-going capacity to alter R&D investment timing, amounts and/or ultimate project, or downsize or abandon the R&D.
 

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