Capital Budgeting Under Imperfect Patent Protection
Band: 587, 282 Seiten, Kartoniert, Paperback, Format (B × H): 155 mm x 235 mm, Gewicht: 444 g
Reihe: Lecture Notes in Economics and Mathematical Systems
Verlag: Springer Berlin Heidelberg
Baecker Real Options and Intellectual PropertyThis book proposes an integrated approach to patent risk and capital budgeting in pharmaceutical research and development (R and D), developing an option-based view (OBV) of imperfect patent protection, which draws upon contingent-claims analysis, stochastic game theory, as well as novel numerical methods. The text re-initiates a discussion about the contribution of quantitative frameworks to value-based R and D management.
Weitere Infos & Material
Patenting Under Uncertainty.- Patent Protection, the Firm, and the Economy.- Uncertainty, Irreversibility, and Flexibility.- Patent Protection in the Pharmaceutical Industry.- Exogenous Patent Risk.- and Related Work.- Patents as Investment Opportunities.- Patent Risk as Jumps in the Underlying Process.- From Business Shifts to Jump Processes.- Preliminary Conclusion.- Endogenous Patent Risk.- and Related Work.- Patent Risk as an Option to Litigate.- Preliminary Conclusion.- Conclusion.