Interaction Analysis Among R&D Project Real Options
研究了研发项目中实物期权间的交互作用方向与大小,并基于交互作用对资本配置的影响,提出了两种情形下的投资决策框架。
Due to the interaction among real options embedded in the RD project,the values of real options are not additive. It has explored the direction of the interaction as well as its magnitude. Furthermore,it provides a investment decision framework based on two cases accounting to the interaction influence on the RD project capital allocation.