The influence of managerial discretion, innovation and uncertainty on export intensity: A real options perspective

A real options perspective on entreprene

A real options perspective on entrepreneurial entry in the face of uncertainty

✍ Jonathan P. O'Brien; Timothy B. Folta; Douglas R. Johnson 📂 Article 📅 2003 🏛 John Wiley and Sons 🌐 English ⚖ 190 KB

## Abstract In this paper we develop and test theory regarding whether entrepreneurs contemplating starting a new venture account for the value of the option to defer the entry decision. While others have illuminated the theoretical applicability of real options theory to entrepreneurship, empirica