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实物期权法评估技术价值及其管理涵义 被引量:8

Evaluating Technology Valuation Using Real Option Approach and Its Implications in Management
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摘要 比较了传统技术价值评估方法与实物期权法的不同特征,给出了运用实物期权评估技术价值的逻辑框架,重点分析了评估中的困境和可能的解决方法,对实物期权评估技术价值的管理学涵义做了阐释。 Based on the comparison between real option approach and traditional ones on technology valuation, a theoretical framework is presented in which six steps of technology valuation by using real option approach are analyzed in detail and the difficulties and possible solutions axe given special attention in the process. At last, some implications of management of real option approach applied to technology valuation are analyzed to help decision makers.
出处 《科学学与科学技术管理》 CSSCI 北大核心 2006年第4期23-27,共5页 Science of Science and Management of S.& T.
基金 国家自然科学基金重点项目(70233001) 北京市科委博士生论文资助专项(ZZ0515)
关键词 实物期权 技术价值 技术价值评估 real option pricing approach technology valuation discounted cash flow
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参考文献15

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二级参考文献43

  • 1(美)玛莎·阿姆拉姆 纳林·库拉迪拉卡著 张维译.实物期权:不确定性环境下的战略投资管理[M].北京:机械工业出版社,2001..
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  • 8看涨期权(Call Option)指持有人有权在特定日期或此前以特定价格买入某一特定资产的权利.欧式期权相对于美式期权而言,是指执行期固定的期权,而美式期权的持有者在执行期以前均拥有执行期权的权利.
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