This book proposes an integrated approach to patent risk and capital budgeting in pharmaceutical research and …-claims analysis, stochastic game theory, as well as novel numerical methods. The text re-initiates a discussion about the contribution …-intensive firms. With this text, the author proposes an integrated approach to patent risk and capital budgeting in pharmaceutical …

tools necessary to answer these and other related questions in the context of the so-called environmental finance theory …

demonstrate that embracing risk and uncertainty can increase levels and probability of new venture formation. However, their … simulation also shows that it should be adapted to the risk profile of the firm and that timing is also a factor to be considered …, but highlights the relationship between knowledge and risk and rather addresses the management of mindsets, as moving …

shows that the assumption of a constant interest rate in real options valuation is not justifiable. All necessary theory is …

update during the development process. It is one of the first comprehensive models that combine statistical decision theory …