Investment-Timing and the Threat of Disruption

About this item

Title

Investment-Timing and the Threat of Disruption

Content partner

Victoria University of Wellington

Collection

Open Access Victoria University of Wellington

Description

An incumbent firm needs to determine how to best manage the risk of the arrival of a disruptive technology. The numerous actions available to the incumbent firm indicates a complex real-options model of investment is required. This thesis investigates the behaviour of an incumbent firm, with assets-in-place, when they have access to an investment opportunity. The incumbent must not only choose when to invest in the opportunity, but also the optimal structure with which to compete against a ne...

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Format

Research paper

Research format

Scholarly text / Thesis

Thesis level

Masters

Date created

2019

Creator

Campbell, Ryan John

URL

https://figshare.com/articles/thesis/Investment-Timing_and_the_Threat_of_Disruption/17139965

Related subjects

Finance / Investment and risk management / Technology management / Innovation management / Financial economics / Microeconomic theory / Real options / Disruption / Investment / School: School of Economics and Finance / Microeconomic Theory / Financial Economics / Investment and Risk Management / Innovation and Technology Management / Expanding Knowledge in Economics / Expanding Knowledge in Commerce, Management, Tourism and Services / Degree Discipline: Finance / Degree Level: Masters / Degree Name: Master of Commerce

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