This paper presents results of an empirical large-scale study on uncertainty reduction of R&D projects and R&D project selection. The empirical field is the German automotive supplier industry. We explore R&D project selection practices in this specific industry and briefly contrast our findings...

This paper presents the results of a large-scale empirical study of uncertainty reduction of R&D projects and R&D project selection. The empirical field is the German automotive supplier industry. We explore R&D project selection practices in this specific industry and briefly contrast our...

It is a well known fact by academia that traditional valuation methods like DCF and NPV underestimate investments by not including managers' flexibility and are widely discussed in the financial press. This underestimation and managers' flexibility is due to investments' uncertainty and not...

The levels of uncertainty surrounding construction projects are particularly high and construction managers should be aware that adequately managing the effects of the different types of uncertainty may lead to an increase in the overall performance of construction companies. The model proposed...