The Optimal Timing of Strategic Action – A Real Options Approach
he possibility of a first-mover advantage arises in a variety of strategic choices, including product introductions, business start-ups, and mergers and acquisitions. The strategic management literature reflects ambiguity regarding the likelihood that a first mover can or will capture additional val...
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Format: | Article |
Language: | English |
Published: |
Nowy Sacz Business School National-Louis University
2012-01-01
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Series: | Journal of Entrepreneurship, Management and Innovation |
Subjects: | |
Online Access: |
http://jemi.edu.pl/uploadedFiles/file/all-issues/vol8/issue2/JEMI_Vol_8_Issue_2_2012_Article_5.pdf
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