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APPRAISING INVESTMENTS IN NEW TELECOM TECHNOLOGIES: THE CASE OF SWEDISH TELECOM
Erik Bohlin.
Original Articles
Investment management and investment appraisals of new technologies in Swedish Telecom’s network have been investigated in an exploratory manner. Investments in new telecom technologies are difficult to appraise because of, among other things, systems interdependence, technical change and competition. It is argued that investment appraisals need to be more closely integrated with strategy and that it is essential for management to carefully match investment management with different types of investments in order to alleviate measurement problems and to provide the right organizational incentives for investments in new technologies.