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...

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Bibliographic Details
Main Authors: Fisch, Jan Hendrik, Ross, Jan-Michael
Format: Others
Language:en
Published: Wiley-Blackwell 2014
Subjects:
Online Access:http://epub.wu.ac.at/4385/1/StartOfNPD_final.pdf
http://dx.doi.org/10.1111/jpim.12114

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