The DOI matches its Crossref record; 70 of the 70 references it cites were found in a registry or an index.
A Real Options Logic for Initiating Technology Positioning Investments
Abstract
In this article I extend real options theory to technology positioning projects and specify how the relationship between boundary conditions and uncertainty influences the value of a technology option, as well as the appropriate timing of its exercise. I also take a strategic perspective on uncertainty itself, concluding that option value can be amplified by investments to shift boundaries, ideally in ways that are idiosyncratic to the firm.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Firm Resources and Sustained Competitive Advantage
Barney, J. (1991) · Journal of Management · doi:10.1177/014920639101700108 · Cited by 48,334
Firm resources and sustained competitive advantage
Barney, J. B. (2004) · Advances in Strategic Management · doi:10.1016/s0742-3322(00)17018-4 · Cited by 38,152
Absorptive Capacity: A New Perspective on Learning and Innovation
Cohen, W. M., & Levinthal, D. A. (1990) · Administrative Science Quarterly · doi:10.2307/2393553 · Cited by 35,728
The pricing of options and corporate liabilities
Black, F., & Scholes, M. (1973) · Journal of Political Economy · doi:10.1086/260062 · Cited by 29,074
A resource‐based view of the firm
Wernerfelt, B. (1984) · Strategic Management Journal · doi:10.1002/smj.4250050207 · Cited by 25,635
Exploration and Exploitation in Organizational Learning
March, J. G. (1991) · Organization Science · doi:10.1287/orsc.2.1.71 · Cited by 21,942
An Evolutionary Theory of Economic Change.
Loasby, B. J., Nelson, R. R., & Winter, S. G. (1983) · The Economic Journal · doi:10.2307/2232409 · Cited by 21,366
(2019) · AEA Papers and Proceedings · doi:10.1257/pandp.109.612 · Cited by 10,902
The cornerstones of competitive advantage: A resource‐based view
Peteraf, M. A. (1993) · Strategic Management Journal · doi:10.1002/smj.4250140303 · Cited by 10,716
An Evolutionary Theory of Economic Change
Berkowitz, M. K., Nelson, R. R., & Winter, S. G. (1983) · Southern Economic Journal · doi:10.2307/1058233 · Cited by 10,549
Cited by
The reification of absorptive capacity: A critical review and rejuvenation of the construct
Lane, P. J., Koka, B. R., & Pathak, S. (2006) · Academy of Management Review · doi:10.5465/amr.2006.22527456 · Cited by 2,880
Barnett, M. L. (2007) · Academy of Management Review · doi:10.5465/amr.2007.25275520 · Cited by 2,060
EXPLORATORY LEARNING, INNOVATIVE CAPACITY, AND MANAGERIAL OVERSIGHT.
McGrath, R. G. (2001) · Academy of Management Journal · doi:10.2307/3069340 · Cited by 1,310
Self-citationBusiness model innovation through trial-and-error learning
Sosna, M., Trevinyo-Rodríguez, R. N., & Velamuri, S. R. (2010) · Long Range Planning · doi:10.1016/j.lrp.2010.02.003 · Cited by 1,054
Creating Strategic Business Value from Big Data Analytics: A Research Framework
Grover, V., Chiang, R. H. L., Liang, T.-P., & Zhang, D. (2018) · Journal of Management Information Systems · doi:10.1080/07421222.2018.1451951 · Cited by 961
Metadata
- Authors
- McGrath, R. G.
- Venue
- The Academy of Management Review
- Publisher
- Academy of Management
- Published
- 1997-10
- Volume
- 22
- Issue
- 4
- Pages
- 974
- ISSN
- 0363-7425 (ISSN-L)
- OpenAlex
- W2145291481
- Cited by
- 852
- References
- 70
- FWCI
- 20.99
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: A Real Options Logic for Initiating Technology Positioning Investments. https://app.cochat.ai/papers/10.2307/259251
- The paper
- McGrath, R. G. (1997). A Real Options Logic for Initiating Technology Positioning Investments. The Academy of Management Review. https://doi.org/10.2307/259251
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
