实物期权法在企业价值评估中的应用

The Law of Tangible Option Applied in Enterprise's Value Estimate

创业企业价值评估是创业投资过程的重要一环。创业企业具有不确定性、管理柔性等特点,传统的估价方法不能准确评估其价值。实物期权更为贴切创业企业的实际,为企业价值评估提供了一种全新的方法。

Value estimate is an important issue in venture capital. Due to uncertainty and the flexibility of the ventures, the traditional estimate method cannot correctly work out the value. Tangible option, which is practical and effective, offers a brand-new approach for venture's value estimate.