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Using Real Option to Frame E-commerce Investment Problem
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作者 Shujian Wang Qi Li Zhao Li 《Chinese Business Review》 2006年第6期51-54,共4页
Due to great business potential in E-commerce, the traditional method is not an appropriate technique to make investment decision. Consequently, a new approach--Real Option should be applied. Based on the characterist... Due to great business potential in E-commerce, the traditional method is not an appropriate technique to make investment decision. Consequently, a new approach--Real Option should be applied. Based on the characteristics of investment in E-commerce, this paper analyzes the function and advantages of the Real Option and the differences between the NPV and Real Option. 展开更多
关键词 E-COMMERCE INVESTMENT Real Option Binominal Tree
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New Challenges to Urbanization in China
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作者 Zhao Li Shujian Wang 《Chinese Business Review》 2004年第9期76-81,共6页
With reform, Chinese urbanization makes an obvious progress. The urban quantity, urban scale, and urban population become more and more. Urban economy has :become a more important component of the national economy. H... With reform, Chinese urbanization makes an obvious progress. The urban quantity, urban scale, and urban population become more and more. Urban economy has :become a more important component of the national economy. However, the process of urbanization is either in theory or in practice continually faced with serious new challenge. It is a focus on urban development in China. 展开更多
关键词 URBANIZATION urban governance INSTITUTION
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