摘要
针对传统净现值法不能有效评估R&D项目价值的缺点,探讨了R&D项目价值评估的适用方法,建立了基于区间灰数的R&D项目价值评估灰色B-S模型,通过实例说明了该模型的有效性,并与传统净现值法的评估结果进行比较.结果表明,实物期权方法在评估R&D项目价值时具有优势,为R&D项目投资决策提供了一条新思路.
As the traditional NPV method can't effectively evaluate RD project,the applicable methods for RD project evaluation were mainly discussed,and the grey B-S model of RD project evaluation based on interval grey number was established.The validity of the model were illustrated by an dxample,which provided a new way for RD investment decision-making and showed the advantages of real option approach compared with NPV.
出处
《华北水利水电学院学报》
2010年第5期146-149,共4页
North China Institute of Water Conservancy and Hydroelectric Power
基金
河南省重点科技攻关项目(072102340009)
河南省软科学研究计划项目(082400440100)
河南省教育厅自然科学基础研究计划项目(2009A110011)