resource limitation in zero time may cause to some profitable projects not to be selected in project selection problem, thus simultaneous project portfolio selection and scheduling problem has received significant attention. in this study, budget, investment costs and earnings are considered to be stochastic. the objectives are maximizing net present values of selected projects and minimizing v...

Engineering and technology play an important role in strengthening the competitive power of a company and in surviving a severe competition in the world. About 70% of the total R&D investment in Japan comes from the private sector. It is the most important to decide which research projects have to be adopted for a future research out of proposals from divisions and sections in a company. The ob...

Manufacturing Industry as an important part of European and Swedish economy faces new challenges with the daily growing global competition. An enabler of overcoming these challenges is a rapid transforming to a valuebased focus. Investment in innovation tools for production system development is a crucial part of that focus which helps the companies to rapidly adapt their production systems to ...

Due to the growing labour cost in China, many organisations are reconsidering their offshoring decisions of manufacturing based on the deprived competitive advantage of cheap workforces. In light of these circumstances, Russia can be seen as an alternative venue with lower wages and improved governmental policy. In order to support the statement, this article provides comparative country analys...

In the past, industrialized countries have invested in or financed numerous renewable energy projects in developing countries, primarily through the Clean Development Mechanism (CDM) of the Kyoto Protocol. However, critics have pointed to its bureaucratic structure, problems with additionality and distorted credit prices as ill-equipped to streamline renewable energy investment. In this paper, ...

Real options theory has provided a useful framework for technology investment decision making. Researchers in this area have emphasized the importance of considering the option-like characteristics of IT investment projects. However, unlike financial options, investment in IT projects is typically irreversible: such investment cannot be recovered for other purposes without very costly rework. T...

This paper focuses on the determinants of aggregate investment spending in the UK for the industrial and commercial company (ICC) sector. It complements recent work by Cuthbertson and Gasparro (1995), who study an augmented Tobin’s q model of investment in the manufacturing sector. Important focal points of our analysis are a role for real profits (internal funds), which allow firms to combat l...

Diskussionspapiere stehen in der alleinigen Verantwortung des jeweiligen Autors. Die darin vertretenen Auffassungen stellen keine Meinungsäußerung des IWH dar. Anregungen und kritische Bemerkungen zu den dargestellten Untersuchungsergebnissen sind jederzeit willkommen und erwünscht. Abstract The paper investigates the investment decision of a financially constrained multinational corporation (M...