search query: @author Wilkes, F. M. / total: 4
reference: 1 / 4
« previous | next »
| Author: | Wilkes, F. M. Samuels, J. M. |
| Title: | Financial appraisal to support technological investment. |
| Journal: | Long Range Planning
1991 : DEC, VOL. 24:6, p. 60-66 |
| Index terms: | ADVANCED MANUFACTURING TECHNOLOGY INVESTMENT METHODOLOGY |
| Language: | eng |
| Abstract: | UK economy needs a world class manufacturing sector, but short termism inhibits UK investment in Advanced Manufacturing Technology (AMT) in four areas: appraisal methodologies; corporate governance; financial market forces; and macroeconomic regulation. The impact of high discount rates on AMT and on long-term investment is demonstrated. A three-stage methodology for appraising AMT investments is developed, and the advantages of better informed and more involved providers of funds are pointed out. More varied macroeconomic controls are suggested. |
« previous | next »
SCIMA