摘要
假设技术创新投资机会是企业所垄断的,则企业的技术创新投资只需要用实物期权理论与方法来进行价值评估.将企业技术创新项目所面临的不确定性作为外生的随机状态变量,以几何布朗运动对这一随机过程进行描述.
If the technological innovation investment opportunities are monopolized by an enterprise, then the enterprise＇s technological innovation investment is valued just to use real options theory and approach. The technological and economic uncertainty of the enterprise technological innovation projection is regarded as exogenous stochastic state variables in this article, and the Geometric Brownian motion is used to describe the random process.
出处
《宁德师范学院学报（自然科学版）》
2011年第3期232-234,共3页
Journal of Ningde Normal University(Natural Science)
基金
宁德师范学院科研资助项目(2009Y002)
关键词
实物期权
技术创新
几何布朗运动
real options
technological innovation
Geometric Brownian motion
