Abstract: Firms need to consider the balance between growth and switching options in their development of a portfolio of strategic options. Growth and switching options represent a trade-ff between flexibility and commitment. Managers need to understand the uniqueness of their portfolios when assessing portfolio value, as well as taking into consideration market uncertainty and technological uncertainty.
Authors: Jaideep Anand, Raffaele Oriani, Roberto. S. Vassolo
Date: 2007