ABSTRACT
At its early stages of development, any young innovative company faces a collection of investment opportunities into different technology projects. There is seldom only one track, only one technical solution; choices have to be made. After a few years, once a few projects have started, again the start-up has to make choices. These decisions are sensitive issues because companies face uncertainty in estimating future research avenues as well as future outcomes, and this is especially true for young innovative companies.
