Real Options and International Investment

By: Alan M. Rugman (Editor), Jing Li (Editor)

Write A Review

Hardcover | 1 January 2005

At a Glance

Hardcover
424 Pages

Dimensions(cm)
24.4 x 16.9 x 3.18

Hardcover

$598.90

or 4 interest-free payments of $149.72 with

Aims to ship in 15 to 25 business days

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.

Industry Reviews

'A common criticism of economic theory is that its approach is static rather than dynamic, and that it ignores the impact of uncertainty on decisions. Real option theory shows that this criticism is unfounded. Real option theory explores the logic of flexibility - a crucial aspect of corporate strategy in a volatile and competitive environment. The editors have done a brilliant job in bringing together key contributions within a clear and logical structure. This book is an essential reference source for anyone working in this exciting area of research.' -- Mark Casson, University of Reading, UK

Shipping

	Standard Shipping	Express Shipping
Metro postcodes:	$9.99	$14.95
Regional postcodes:	$9.99	$14.95
Rural postcodes:	$9.99	$14.95

Orders over $79.00 qualify for free shipping.

How to return your order

At Booktopia, we offer hassle-free returns in accordance with our returns policy. If you wish to return an item, please get in touch with Booktopia Customer Care.

Additional postage charges may be applicable.

Defective items

If there is a problem with any of the items received for your order then the Booktopia Customer Care team is ready to assist you.

For more info please visit our Help Centre.

You Can Find This Book In

Non-Fiction Business & Management International Business Accounting & Finance Finance Investment & Securities Economics International Economics

Introduction
Internationalisation - real options, knowledge management and the Uppsala approach	p. 3
Models of the multinational enterprise	p. 36
What is not a real option : considering boundaries for the application of real options to business strategy	p. 60
Risk reduction by international diversification	p. 75
Operating flexibility, global manufacturing, and the option value of a multinational network	p. 81
Multinational investment under uncertainty in the chemical processing industries	p. 98
Do multinationals operate flexibly? : theory and evidence	p. 120
Firm strategy and economic exposure to foreign exchange rate movements	p. 141
Downside risk implications of mulitnationality and international joint ventures	p. 162
Joint ventures and the option to expand and acquire	p. 177
Collaborative ventures and value of learning : integrating the transaction cost and strategic option perspectives on the choice of market entry modes	p. 192
Governance and uncertainty : the trade-off between administrative control and commitment	p. 215
Option to acquire or divest a joint venture	p. 237
The optimal timing of a foreign direct investment	p. 263
Foreign direct investment and investment under uncertainty	p. 276
Real options in equity partnerships	p. 299
Entry in the presence of dueling options	p. 311
Strategy through the option lens : an integrated view of resource investments and the incremental-choice process	p. 331
A real options logic for initiating technology positioning investments	p. 354
Capabilities as real options	p. 377
Table of Contents provided by Blackwell. All Rights Reserved.

Real Options and International Investment

At a Glance

Hardcover

Industry Reviews

Shipping

How to return your order

Defective items

You Can Find This Book In

More in Investment & Securities

Get Started Investing

It's easier than you think to invest in shares

Rethink Property Investing, Fully Updated and Revised Edition

Become Financially Free with Commercial Property Investing

One Up On Wall Street

How To Use What You Already Know To Make Money In The Market

The Trading Game

A Confession

The World for Sale

Money, Power and the Traders Who Barter the Earth's Resources

Investing with She's on the Money

Build your future wealth: from the creator of the #1 finance podcast

The Intelligent Investor Third Edition

Don't Stress, Just Invest

It's time to set up your investments and get on with your life

The Crypto Trader

How anyone can make money trading Bitcoin and other cryptocurrencies

Sort Your Property Out

And Build Your Future

The Snowball

Warren Buffett and the Business of Life

Stop Waiting, Start Investing

Build Wealth With 10 Minutes Of Work

A Random Walk Down Wall Street

The Best Investment Guide That Money Can Buy

Online Investing on Australian Sharemarket

How to Research, Trade and Invest in Shares and Securities Online 5th Edition

The Little Book of Common Sense Investing

The Only Way to Guarantee Your Fair Share of Stock Market Returns

The Warren Buffett Way

Third Edition

Positively Geared

How to Build a Multi-Million-Dollar Property Portfolio from a $50K Deposit

Fooled By Randomness

The Hidden Role of Chance in Life and in the Markets

From 0 To 130 Properties In 3.5 Years

Revised Edition

The Most Important Thing Illuminated

Uncommon Sense for the Thoughtful Investor

ISE Investments

13th Edition

Warren Buffett and the Interpretation of Financial Statements

The Search for the Company with a Durable Competitive Advantage

Trading in the Zone

Master the Market with Confidence, Discipline, and a Winning Attitude

Money Magnet

How to Attract and Keep a Fortune That Counts

This product is categorised by