지원사업
학술연구/단체지원/교육 등 연구자 활동을 지속하도록 DBpia가 지원하고 있어요.
커뮤니티
연구자들이 자신의 연구와 전문성을 널리 알리고, 새로운 협력의 기회를 만들 수 있는 네트워킹 공간이에요.
초록· 키워드
오류제보하기
This Paper evaluates the value of strategic flexibility to the profitability of foreign direct investment project under increasing uncertainties according to the growing internalization processes of firms, analyzes the main motives and the changes in entry modes to foreign markets to derive the methods to minimize risk and acquire strategic capabilities. Accordingly, we identify the concepts and properties of real option approaches and analyze their application methods to make the strategic planning for calibrating the performances of flexibility and maximizing the beneficial effects of new market entry. Especially, we present the detailed processes of calculation and the analytic results of the real option valuation based on the binomial lattice models with the Microsoft Excel. As well, we make the scenarios for possible case study and implement the thoroughly applications of real option models to defer, expand, abandon, and compound on the same base case and their appropriate modifications to derive the business policy implications. Concludingly, it is desirable to make the long-run range plan together with their medium and short-run sub-plans for implementing successful foreign investment projects to prepare for the unforeseen events and opportunities and maximizing the utilization records of strategic flexibilities with the compound option strategies.
목차
등록된 정보가 없습니다.
참고문헌 (0)
참고문헌 신청이 논문의 저자 정보
최근 본 자료
댓글(0)
0