Vassolo, Roberto S.; De Almeida Ravara, Filipe; Connor, … - In: Management Research: Journal of the Iberoamerican … 3 (2005) 1, pp. 85-97
, demonstrates that (1) a correlated strategic investment adds value to a portfolio of ongoing strategic investments in a decreasing … marginal fashion, and (2) the new investment delays the development of the other investments. Managers who fail to recognize …