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The slowdown severely hit real estate developers, airlines and other companies with large capital requirements.
Mr. Lagod looked at investing in ocean power a few years ago and decided against it because of the long time horizons and large capital requirements.
Process focus tends to be better suited to companies with complex (and divisible) processes and with large capital requirements, companies we earlier called material- or technology-oriented companies.
If we were to measure value creation for all businesses arbitrarily in a common time horizon, say 5 years, then embryonic businesses with large capital requirements in early years and large payoffs in later years would be viewed as poor prospects even if they were expected to yield exceptional value over the life cycle.
And outside of IT, getting to scale is complicated by large capital requirements, regulatory approvals, supply chain and logistics.
Yet IPOs are unlikely to become dominant privatization venues for CEE's energy, transport and telecoms sectors, whose large capital requirements favor strategic foreign investors.
Similar(49)
"In addition to a large capital requirement, there's a managerial requirement," Dr. Graves said.
One of the most challenging barriers is the large capital requirement needed to scale these technologies (capex per plant capacity).
King runs through various options for how this could be done — larger capital requirements, the issuance of debt that converts to equity in a crisis, and so on — but expresses skepticism about whether they will work.
Larger capital requirements, beefed up to serve as a proper buffer when lenders misfire, will be one change facing banks when we emerge from this mess, Mr. Miller said.
The rating agency also noted that the fixed-line company has large capital expenditure requirements due to its plans to roll out high-speed broadband services in Malaysia over the next 10 years.
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