Interfaces for enterprise valuation from a real options lens

In: Strategic change, Band 27, Heft 1, S. 69-80

Abstract

Variables that expand real options models provide interfaces by which entrepreneurs may view prospective ventures, or resources. Factors affecting real option values extend from the external environment of a venture and are forms of various terms of business between entrepreneurs, the venture, and the external environment. The identification of interfaces increases the resulting value of a real option and provides entrepreneurs information by which to structure ventures that extract value from arbitrage and innovation opportunities.