Real Options and Intellectual Property by Philipp N. Baecker

Capital Budgeting Under Imperfect Patent Protection (Lecture Notes in Economics and Mathematical Systems)

Springer 2007 280 strana

Stanje : Odlično!

ISBN 9783540482635

Stanjev : Odlično!

This book proposes an integrated approach to patent risk and capital budgeting in pharmaceutical research and development (R and D), developing an option-based view (OBV) of imperfect patent protection, which draws upon contingent-claims analysis, stochastic game theory, as well as novel numerical methods. The text re-initiates a discussion about the contribution of quantitative frameworks to value-based R and D management.