{"product_id":"9783540482635","title":"Lecture Notes in Economics and Mathematical Systems: Capital Budgeting Under Imperfect Patent Protection","description":"\u003ch1\u003eLecture Notes in Economics and Mathematical Systems: Capital Budgeting Under Imperfect Patent Protection\u003c\/h1\u003e \u003ch2\u003eBaecker, Philipp N.\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003eOver 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.\u003c\/p\u003e\n\u003cp\u003eWith 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.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2007-01-10\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9783540482635\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-540-48264-2\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 282\u003c\/p\u003e ","brand":"Springer Berlin Heidelberg","offers":[{"title":"Default Title","offer_id":45378850750604,"sku":"9783540482635","price":98.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783540482635.jpg?v=1774027944","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9783540482635","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}