基于实物期权的智力资产价值分析

Analysis about Value of Intellectual Asset Based on Real Option

分析了智力资产的特点,简要讨论了传统历史成本法、重置成本法和收益现值法的优缺点。根据智力资产的实物期权特性,本文建立了智力资产实物期权价值评价模型,并运用具体算例验证了模型的有用性。

This paper analyzed the nature of intellectual asset and briefly disused the merit and shortcoming of traditional valuation methods, such as historical cost method, replacement cost method, and present value of earnings. According to the real option characteristics of intellectual asset,this paper set up real option value evaluation model for intellectual asset, and testified the utility of this model by using concrete calculated examples.