This research aims to prove the existence of a convergence process and analyse effect investment energy infrastructure on Sumatra Island by including element space understand spatial better. The dataset used in panel data consists 154 regions (district/municipality) from 2010 2020. analytical tools with econometric approach consist Spatial Autoregressive (SAR) Error Model (SEM). results test th...

In this paper we apply a simple two-period model of investment to examine how consideration of the real options associated with investment decisions might be expected to affect the cost of capital for telecommunications infrastructure firms in light of the tumultuous changes associated with the emergence of the Internet. Because investments in new telecommunications facilities also may provide ...

Decisions to invest in information technology (IT) infrastructure are often made based on an assessment of its immediate value to the organization. However, an important source of value comes from the fact that such technologies have the potential to be leveraged in the development of future applications. From a real options perspective, IT infrastructure investments create growth options that ...