Timing the Start of Material Substitution Projects: Creating Switching Options under Volatile Material Prices
Firms developing new products often face the challenge of making investment decisions under uncertain input-cost conditions due to the price volatilities of the materials they use. These decisions need to be made long before the final products are launched on the market. Therefore, firms who invest...
| Main Authors: | , |
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| Format: | Others |
| Language: | en |
| Published: |
Wiley-Blackwell
2014
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| Subjects: | |
| Online Access: | http://epub.wu.ac.at/4385/1/StartOfNPD_final.pdf http://dx.doi.org/10.1111/jpim.12114 |