Książka Real Options and Intellectual Property Philipp N. Baecker

Real Options and Intellectual Property

Capital Budgeting Under Imperfect Patent Protection

Język: Angielski
Oprawa: Miękka
Dostępność: Dostępna u dostawcy
Wysyłamy za 5-8 dni
433.21
Over the last years, due to intensive competition in the knowledge economy, legal aspects surroundin...

Informacje o książce

Język
Angielski
Oprawa
Książka - Miękka
Data wydania
2007
strony
282
EAN
9783540482635
ISBN
3540482636
Enbook ID
01564951
Waga
910
Wymiary
155 x 235 x 16

Pełny opis

Over the last years, due to intensive competition in the knowledge economy, legal aspects surrounding intellectual property (IP) rights - including litigation and settlement - have continuously gained in importance. Correspondingly, professional IP management has become an indispensable element of successful value-based management (VBM) in research-intensive firms.§With this text, the author proposes an integrated approach to patent risk and capital budgeting in pharmaceutical research and development (R and D), developing an option-based view (OBV) of imperfect patent protection, which draws upon contingent-claims analysis, stochastic game theory, as well as novel numerical methods. Bridging a widening gap between recent advances in the theory of financial analysis and current challenges faced by pharmaceutical companies, the text re-initiates a discussion about the contribution of quantitative frameworks to value-based R and D management.

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