The real options investment theory shows that greater uncertainty about market revenues reduces current R&D investment … market uncertainty on R&D investment. …

Real options investment theory predicts current investment falls as uncertainty about market returns increases. In the … how patent protection influences this relationship. Patent protection, by limiting the threat of market rivalry, should …

newly available statistical data this paper provides a descriptive overview on the market for childcare in Germany from a …

We present and estimate a model of competition in a two-sided market: the market for magazine readership and …