haku: @author Kulatilaka, N. / yhteensä: 5
viite: 2 / 5
| Tekijä: | Kulatilaka, N. Perotti, E. |
| Otsikko: | Strategic growth opinions |
| Lehti: | Management Science
1998 : AUG, VOL. 44:8, p. 1021-1031 |
| Asiasana: | STRATEGY GROWTH MANAGEMENT |
| Kieli: | eng |
| Tiivistelmä: | The authors provide a strategic rationale for growth options under uncertainty and imperfect competition. In a market with strategic competition, investment confers a greater capability to take advantage of future growth opportunities. this strategic advantage leads to the capture of a greater share of the market, either by dissuading entry or by inducing competitors to "make room" for the stronger competitor. As a result of this strategic effect, payoff are in a rough sense more convex than in the case of no investment in a growth option. |
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