De Schryver, Tom; Asselbergh, Greet - In: Competitiveness Review: An International Business Journal 13 (2003) 2, pp. 16-27
Too often, when the effectiveness of an innovation policy is examined, the uncertain nature of innovations is discarded. Through a real option lens an examination of the effectiveness becomes more sound. The real option framework allows taking on an incremental view on innovation, deriving...
