ARE YOU PREPARING TO COMPETE IN THE NEW ECONOMY? USE A REAL OPTIONS NAVIGATOR Nalin Kulatilaka and N. Venkatraman Systems Research Center Boston University School of Management 595 Commonwealth Avenue Boston, MA 02215 Contact: nalink@bu.edu or venkat@bu.edu Version: Monday, February 08, 1999 The authors gratefully acknowledge the support provided by Boston University Systems Research Center for the preparation of this article. Comments provided by a CMR reviewer helped in sharpening the ideas presented here. © Kulatilaka and Venkatraman (1999), all rights reserved.