13 June 2025 - 13 June 2025
3:00PM - 4:30PM
Durham University Business School The Waterside Building
Free
This presentation is given as part of CSTIO’s seminar series on Strategy, Innovation and Technology, and all interested DUBS faculty are welcome to attend. Professor Jeffrey J. Reuer of Purdue University will give a talk about “Real Options in Strategic Management” on Thursday June 13, from 3.00 – 3.45 pm. The talk will be immediately followed by a panel discussion from 3.45 – 4.30 pm on “Real Options in Strategy, IB, and Management” .
A man in front of a superimposed map of business connections
Abstract
This presentation will cover some of the most important accomplishments, approaches, and challenges of real options theory (ROT) in the strategic management field. ROT addresses some of the most important tensions that executives encounter in corporate investment decisions, including the need to compete versus cooperate, commit vs. be flexible, etc. Uncertainty is central to strategic investment decisions and alternative theories of resource allocation and firm boundaries, so ROT is at once a rival theory as well as one that can be unifying and serve as a pillar for strategic management. After taking stock of the development of ROT in strategic management, opportunities for interdisciplinary research will be highlighted.
Biography
Dr. Reuer is the Blake Family Endowed Chair in Strategic Management and Governance at the Mitch Daniels School of Business, Purdue University. He began his academic career at INSEAD and has held tenured faculty appointments at the University of North Carolina, Ohio State University, and University of Colorado.
His research focuses on corporate strategy and firms’ external corporate development activities, such as alliances and acquisitions. He has done extensive research applying real options theory and information economics to various problems in strategy, international business, and entrepreneurship and has published in the top journals in these fields.
Dr. Reuer has been a member of the editorial boards of nineteen journals, served as an Associate Editor for the Strategic Management Journal and as a Consulting Editor for Journal of International Business Studies. He is an Editor-in-Chief of the Strategic Management Review.
He is a Fellow of the Strategic Management Society and former Dean, was awarded a Silver Medal from the Journal of International Business Studies for lifetime scholarly contributions, and received a Distinguished Research Chair Award from the Fulbright Commission. He has served on various boards and is active in strategy consulting.
/prod01/channel_3/business/media/durham-university-business-school/events/Home-Page-Banner-or-Footer-(16).png)