摘要
运用期权的原理对创业投资的特点进行分析 ,指出可将创业投资视为一种多阶段实物期权 ,因而可以用多阶段实物买权来衡量创业投资的价值 .根据对创投投资事业阶段所做的一般分类 ,建立起多阶段复合式期权模型 。
The multi stage real call options model was used for the valuation of the venture capital investments. The characteristics of venture capital was analysed. The compoud option model was given. It was shown that venture capital investment was real option. Based on multi stage real call options model, venture capital investment was valuated.
出处
《华中科技大学学报（自然科学版）》
EI
CAS
CSCD
北大核心
2002年第7期83-85,88,共4页
Journal of Huazhong University of Science and Technology(Natural Science Edition)
基金
国家自然科学基金资助项目 (70 172 0 4 6 )
