摘要
主要探讨在不确定条件下 R&D期权价值的应用。介绍了管理弹性和 R&D期权的特点 ;通过对以 DCF为主的传统决策方法的分析 ,指出了这种决策方法的缺陷 。
Discussion is made on the applications of R&D option value under an uncertain environment. The characteristics of managerial flexibility and R&D option are introduced. Analysis of DCF and other traditional methods shows that DCF has shortcomings, so a new investment decision model is offered.
出处
《淮海工学院学报(自然科学版)》
CAS
2001年第2期64-66,共3页
Journal of Huaihai Institute of Technology:Natural Sciences Edition