A patent race in a real options setting: investment strategy, valuation, CAPM beta, and return volatility

DOI10.1016/j.jedc.2008.01.001zbMath1181.91332MaRDI QIDQ844785

Rujing Meng

Publication date: 19 January 2010

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/10722/60148

zbMATH Keywords

patent race; stochastic game; R\&D investments; strategic real options

Mathematics Subject Classification ID

91B38: Production theory, theory of the firm

91B32: Resource and cost allocation (including fair division, apportionment, etc.)

91G50: Corporate finance (dividends, real options, etc.)

Related Items

Strategic real options under asymmetric information, Optimal R\&D investment for a risk-averse entrepreneur, Venture capital financed investments in intellectual capital, Patent valuation under spatial point processes with delayed and decreasing jump intensity, R&D INVESTMENT DECISION ON EMERGING TECHNOLOGY, The Multi-Objective Alternative Assets Investment Optimization Model on Sovereign Wealth Funds Based on Risk Control

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