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