Real Options and International Investment

Alan M. Rugman

ISBN 10: 1840649011 / ISBN 13: 9781840649017

Published by Edward Elgar Publishing Ltd, GB, 2005

About this Item

The application of real options theory to the decision making of multinational enterprises (MNEs) is an exciting new area of research within the field of international business. Such contributions will make existing theories in international business (such as internalization theory) dynamic and more realistic. This important collection presents 20 of the most significant articles that apply real options theory to international business and strategic management. The volume organizes the recent literature so that further advances can be made by international business scholars to capitalize on the power and usefulness of the real options approach. Part I includes articles that help to clarify the definitions of real options and the boundaries of applying real options theory to analyze the decision making of firms. Part II consists of applications to operational flexibility of the multinational network. Part III comprises applications to market entry modes among which joint ventures are most widely studied. Part IV refers to applications to market entry timing. Part V includes several applications to strategic management.

Seller Inventory # LU-9781840649017

Bibliographic Details

• Title: Real Options and International Investment
• Publisher: Edward Elgar Publishing Ltd, GB
• Publication Date: 2005
• Language: English
• ISBN 10: 1840649011
• ISBN 13: 9781840649017
• Binding: Hardback
• Condition: New

About this title

Synopsis

The application of real options theory to the decision making of multinational enterprises (MNEs) is an exciting new area of research within the field of international business. Such contributions will make existing theories in international business (such as internalization theory) dynamic and more realistic. This important collection presents 20 of the most significant articles that apply real options theory to international business and strategic management.

The volume organizes the recent literature so that further advances can be made by international business scholars to capitalize on the power and usefulness of the real options approach. Part I includes articles that help to clarify the definitions of real options and the boundaries of applying real options theory to analyze the decision making of firms. Part II consists of applications to operational flexibility of the multinational network. Part III comprises applications to market entry modes among which joint ventures are most widely studied. Part IV refers to applications to market entry timing. Part V includes several applications to strategic management.

About the Author

Edited by the late Alan M. Rugman, formerly Henley Business School, University of Reading, UK and Jing Li, Assistant Professor of International Business, Simon Fraser University, Canada