Integrated method for assessing and planning uncertain technology investments

Joao Claro, Richard De Neufville, Samir Mikati, Raffaella Turatto and Nicola De Blasio

International Journal of Engineering Management and Economics, 2010, vol. 1, issue 1, 3-30

Abstract: We propose a method for assessment and planning of uncertain technology investments, in the context of corporate venture capital. It addresses three main issues. It is an integrated approach that starts from the technology, and proceeds to exhaustively cover the entire process that precedes valuation; it explicitly supports the identification of synergies between parent corporation and technology venture; it provides an improved treatment of uncertainty, adopting a broader view on the identification of uncertainty and sources of managerial flexibility, and starting to address it sooner, in the opportunity development phase. It is facilitated by a suite of practical tools. We provide a detailed description of the method and demonstrate its application with an illustrative case study.

Keywords: technology investment; uncertainty; corporate venture capital; project assessment; project planning; managerial flexibility; options thinking; opportunity development; entrepreneurship; engineering economics; uncertain investments. (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=34598 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijemec:v:1:y:2010:i:1:p:3-30

Access Statistics for this article

More articles in International Journal of Engineering Management and Economics from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().