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An economic valuation of a biotechnology R&D project in a developing economy
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References

  • 2001The theory and practice of corporate finance: evidence from the field5,947 cited
  • 2016“Options, Futures, and Other Derivatives”5,007 cited
  • 2003Picking winners or building them? Alliance, intellectual, and human capital as selection criteria in venture financing and performance of biotechnology startups1,453 cited
  • 2001The growth of patenting and licensing by U.S. universities: an assessment of the effects of the Bayh–Dole act of 19801,425 cited
  • 2003Real options reasoning and a new look at the R&D investment strategies of pharmaceutical firms539 cited
  • 2011Influence of government R&D support and inter-firm collaborations on innovation in Korean biotechnology SMEs423 cited
  • 2001Real Options Analysis and Strategic Decision Making352 cited
  • 2002Grounded capital: venture financing and the geography of the Internet industry, 1994-2000242 cited
  • 2007What is global and what is local in knowledge-generating interaction? The case of the biotech cluster in Uppsala, Sweden194 cited
  • 2006Real Options in Information Technology Risk Management: An Empirical Validation of Risk-Option Relationships1192 cited
  • 2003The process of transformation of scientific and technological knowledge into economic value conducted by biotechnology spin-offs173 cited
  • 2006Application of real options analysis for pharmaceutical R&D project valuation—Empirical results from a survey161 cited
  • 2011Scale effects of R&D as reflected in earnings and returns

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158 cited
  • 2003An empirical test of heuristics and biases affecting real option valuation133 cited
  • 2001Clustering Biotech: A Recipe for Success? Spatial Patterns of Growth of Biotechnology in Munich, Rhineland and Hamburg103 cited
  • 2007Shareholder returns and the exploration–exploitation dilemma: R&D announcements by biotechnology firms91 cited
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