The real options approach and R&D valuation

被引:0
|
作者
Liu, ZX [1 ]
Wu, DD [1 ]
机构
[1] Beijing Univ Aeronaut & Astronaut, Sch Econ & Management, Beijing 100083, Peoples R China
关键词
D O I
暂无
中图分类号
TP39 [计算机的应用];
学科分类号
081203 ; 0835 ;
摘要
Three important limitations. lead to the poor performance of traditional DCF approaches in valuing strategic investments. While the real option approach provide a proper solution to support strategic decisions in investments such as R& D investments and similar cases.
引用
收藏
页码:293 / 296
页数:4
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