The Value of a Biotechnology Start-up: Creative Destruction and Real Options Approach The Value of a Biotechnology Start-up: Creative Destruction and Real Options Approach
<p>The value of investments in high growth start-up firms is difficult to assess because payments are far in the future and their arrival is uncertain. Some of these firms may seem overvalued according to traditional methods, such as the Net Present Value, which fails to account for three driv...
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| Format: | Article |
| Language: | English |
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Universidad EAFIT
2006-12-01
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| Series: | AD-minister |
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| Online Access: | http://publicaciones.eafit.edu.co/index.php/administer/article/view/633 |