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Capital Investment and Risk Analysis

Capital Investment and Risk Analysis is a research topic within Finance. Science Explorer counts 18k research works in it since 1950. 10.3% of them reached the world's top 10% most cited for their field and year.

This cluster of papers focuses on the application of real options theory in investment strategies, particularly in the context of uncertainty, R&D competition, renewable energy investments, and technology adoption. It explores the use of real options for strategic decision making, risk management in information technology projects, and capital budgeting. The cluster also delves into the evaluation of projects and games theory within the framework of real options.

  • Real Options
  • Investment Under Uncertainty
  • Strategic Decision Making
  • R&D Competition
  • Renewable Energy Investments
  • Information Technology Risk Management
  • Capital Budgeting
  • Technology Adoption
  • Project Evaluation
  • Game Theory
Research works
18k
fractional, since 1950
In the world top 10%
1.8k
per year above
Top-10% rate
10.3%
share of its works in the world top 10%
Growth, 2018-21 → 2022-25
-12%
the tick is no change
Largest producer
United States
30% of the 10 largest, 2022-now
Capital Investment and Risk Analysis

Which countries lead Capital Investment and Risk Analysis research?

By volume, the United States and China publish the most (418 and 411 works in 2022-now).

By volume, 2022-now

  1. 1 United States 418 works
  2. 2 China 411 works
  3. 3 United Kingdom 119 works
  4. 4 India 87 works
  5. 5 Italy 72 works
  6. 6 Germany 65 works
  7. 7 France 62 works
  8. 8 Canada 54 works
  9. 9 Brazil 49 works
  10. 10 Indonesia 46 works

How concentrated that is

The same countries as shares of everything the list above accounts for. A node where two countries do two thirds of the work and one spread evenly across twelve read alike as a ranking and not at all alike here.

United States: 30.2%China: 29.7%United Kingdom: 8.6%India: 6.3%6 others listed: 25.2%30%largest
United States418 · 30.2%China411 · 29.7%United Kingdom119 · 8.6%India87 · 6.3%6 others listed348 · 25.2%

Shares of the rows listed above, not of the whole node.

Which institutions lead Capital Investment and Risk Analysis research?

By volume in 2022-now, Bandung Institute of Technology publishes the most Capital Investment and Risk Analysis research, followed by Centre National de la Recherche Scientifique and Norwegian University of Science and Technology.

By volume, 2022-now

  1. 1 Bandung Institute of TechnologyIndonesia 15 works
  2. 2 Centre National de la Recherche ScientifiqueFrance 12 works
  3. 3 Norwegian University of Science and TechnologyNorway 12 works
  4. 4 Rutgers, The State University of New JerseyUnited States 10 works
  5. 5 University of TorontoCanada 10 works
  6. 6 North China Electric Power UniversityChina 9 works
  7. 7 New York UniversityUnited States 8 works
  8. 8 Islamic Azad University, TehranIran 7 works
  9. 9 Tsinghua UniversityChina 7 works
  10. 10 UCLouvainBelgium 6 works

Who are the leading researchers in Capital Investment and Risk Analysis?

The most-cited researchers publishing on Capital Investment and Risk Analysis include Daniel J. Kahneman, Amos Tversky and Eugene F. Fama.

  1. 1 Daniel J. Kahneman United States 395k citations
  2. 2 Amos Tversky United States 327k citations
  3. 3 Eugene F. Fama United States 262k citations
  4. 4 Philippe Ciais France 237k citations
  5. 5 Kai You Wang China 224k citations
  6. 6 Michael C. Jensen United States 203k citations
  7. 7 David F. Larcker United States 197k citations
  8. 8 Daniel A. Bloch France 190k citations
  9. 9 Jacob Cohen Israel 170k citations
  10. 10 Joseph E. Stiglitz United States 167k citations

Ranked by citations received across their whole record, among researchers with at least three works on this topic.

What are the most cited papers in Capital Investment and Risk Analysis?

The most cited paper in Capital Investment and Risk Analysis is "Corporate financing and investment decisions when firms have information that investors do not have" (Stewart C. Myers, Nicholas S. Majluf, 1984), with 19,433 citations. Next come "CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*" (17,476) and "Dynamic capabilities: what are they?" (14,792).

Most cited papers
#PaperReleasedCitations
1 Corporate financing and investment decisions when firms have information that investors do not have Stewart C. Myers, Nicholas S. Majluf · Journal of Financial Economics Jun 1984 19,433
2 CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* William F. Sharpe · The Journal of Finance Sep 1964 17,476
3 Dynamic capabilities: what are they? Kathleen M. Eisenhardt, Jeffrey A. Martin · Strategic Management Journal Open access 2000 14,792
4 Determinants of corporate borrowing Stewart C. Myers · Journal of Financial Economics Nov 1977 13,558
5 Strategic assets and organizational rent Raphael H Amit, Paul J. H. Schoemaker · Strategic Management Journal 1993 8,412
All 99 most cited papers, with filters and sorting

Where is Capital Investment and Risk Analysis research done?

The largest centres of Capital Investment and Risk Analysis research in 2022-now are Beijing (China), London (United Kingdom), Shanghai (China) and New York (United States).

Largest cities, 2022-now

  1. 1 BeijingChina 80 works
  2. 2 LondonUnited Kingdom 39 works
  3. 3 ShanghaiChina 38 works
  4. 4 New YorkUnited States 30 works
  5. 5 NanjingChina 26 works
  6. 6 TokyoJapan 22 works
  7. 7 MoscowRussia 22 works
  8. 8 BandungIndonesia 20 works
  9. 9 SeoulSouth Korea 18 works
  10. 10 Hong KongChina 17 works
See Capital Investment and Risk Analysis on the map

Where is the best place to study Capital Investment and Risk Analysis?

Among universities, judged by research, Norwegian University of Science and Technology, North China Electric Power University and Bandung Institute of Technology score highest, combining citation excellence, specialisation, size, growth and international reach. Research strength is one signal when choosing where to study; it does not measure teaching.

0%20%40%60%mean 18.38%fractional works in this field (log) →share of work in the world top 10% →North China Electric…Norwegian University…Bandung Institute of…University of Toronto
above the meannear itbelow it

One dot per university in the first ten of the table below, at the default weights. The upper left is the interesting corner: small places doing unusually strong work.

Citation excellenceshare of its work in the world top 10%, 2022-now and all time averaged
40%
Specialisationhow much of its work is in this field, counted up to 10× the world share
10%
Sizeits output in this field, on a log scale
30%
Growthoutput growth, counted from -20% to +20%
10%
Internationalshare of its work with a co-author abroad
10%
Each slider sets a weight; the share it gets of the score is beside it.
#UniversityScoreTop 10%SpecialisationWorksGrowth
1Norwegian University of Science and TechnologyNorway 65.921.9%10.9×12 +36.2%
2North China Electric Power UniversityChina 56.854.8%7.5×9 +15.6%
3Bandung Institute of TechnologyIndonesia 55.99.5%12.1×15 +310.3%
4University of TorontoCanada 31.95.7%2.7×10 +78.9%
5Rutgers, The State University of New JerseyUnited States 28.90.0%7.2×10 +35.7%

Universities only. The score blends citation excellence (40%), size (30%), specialisation (10%), growth (10%), international reach (10%), 2022-now; growth compares 2018-21 with 2022-25 and counts up to +20%, since a jump from a small base is mostly noise.

Every institution in Capital Investment and Risk Analysis, country by country

Is Capital Investment and Risk Analysis research growing?

Output in 2022-2025 was 12% lower than in 2018-2021, peaking in 2011.

still counting19801990200020102020
grewheldshrank

The same series as a ribbon: one cell per year, darker for more. The line above answers how much; this answers when.

Its share of all research

Growing output can still be a shrinking share: all of science grows. This is Capital Investment and Risk Analysis as a percentage of every work published that year, 0.0082% in 2024.

still counting0.010%0.020%0.030%Capital Investment and Risk Analysis0.0087% in 202519801990200020102020

Fractional works of Capital Investment and Risk Analysis over all fractional works that year. How the balance of science has shifted.

How much of it reaches the world top 10%

Year by year.

still counting5%10%15%Capital Investment and Risk Analysis11.5% in 2025200020102020

Of each year's works in it, the share that reached the world's 10% most cited for their field and year. A field is the world for its own topics, so there is no other line to hold it against.

Which topics inside it are moving

Growth and decline on one axis around a shared zero. Two lists side by side hide the thing that matters: whether the growth dwarfs the decline, or the other way round.

Discussion

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