08-003/2 - A Real Options Perspective on R&D Portfolio Diversification

• Authors
  Sjoerd van Bekkum, Erasmus University Rotterdam; Enrico Pennings, Erasmus University Rotterdam; Han Smit, Erasmus University Rotterdam, the Netherlands
• Publication date
  January 15, 2007

• Keywords
  Real Options; Research & Development (R&D); Risk Management; Monte Carlo Simulation
• JEL
  G31; G32; O30; O32