Valuing the Innovation Potentials of Firms What Theory Suggests, Pra
Jan Buchmann focuses on the valuation of a firm’s innovation potential based on that firm’s position in its lifecycle. Compared to existing research, the author does not center his research exclusively on mathematical valuation methodologies. Instead, the
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In unserer Schriftenreihe „Innovationsmanagement und Entrepreneurship“ werden wichtige Ergebnisse der wissenschaftlichen und praxisorientierten Forschung des Strascheg Institute for Innovation and Entrepreneurship (SIIE) der EBS Business School veröffentlicht. Our series includes excellent academic and practitioner oriented research in the area of innovation management and entrepreneurship which has been recently conducted at EBS Business School, Strascheg Institute for Innovation and Entrepreneurship (SIIE).
Herausgegeben von Prof. Dr. Ronald Gleich, Prof. Dr. Patrick Spieth, Prof. Dr. Florian Täube, EBS Business School, EBS Universität für Wirtschaft und Recht, Strascheg Institut für Innovation und Entrepreneurship (SIIE), Oestrich-Winkel, Deutschland
Jan Buchmann
Valuing the Innovation Potentials of Firms What Theory Suggests, Practitioners do, and both Implies for Existing Theory Foreword by Prof. Dr. Ronald Gleich, Prof. Dr. Patrick Spieth and Prof. Dr. Florian Täube
Jan Buchmann Oestrich-Winkel, Germany Dissertation EBS Universität für Wirtschaft und Recht – EBS Business School, Oestrich-Winkel, 2013
Innovationsmanagement und Entrepreneurship ISBN 978-3-658-09289-4 ISBN 978-3-658-09290-0 (eBook) DOI 10.1007/978-3-658-09290-0 Library of Congress Control Number: 2015935065 Springer Gabler © Springer Fachmedien Wiesbaden 2015 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, speci¿cally the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on micro¿lms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a speci¿c statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper Springer Gabler is a brand of Springer Fachmedien Wiesbaden Springer Fachmedien Wiesbaden is part of Springer Science+Business Media (www.springer.com)
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The concept of future prospects and particularly of continued growth in the future invites the application of formulas out of higher mathematics to establish the present value of the favored issue. But the combination of precise formulas with highly imprecise assumptions can be used to establish, or rather justify, practically any value one wishes, however high, for a really outstanding issue. – Benjamin Graham, 2003,
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