Application of Real Option Theory on University Technology Enterprise Evaluation
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摘要: 高校科技企业已经成为中国高校产业发展的主体,其正确估值对于高校科技企业的规范管理,吸引风险投资具有重要意义。结合高校科技企业估值中所具有的期权特性和高校科技企业估值中存在的主要期权类型,提出了高校科技企业估值的实物期权方法分析框架并探讨了实物期权方法在高校科技企业估值中的应用。Abstract: University's technology enterprises have become a principal part of university's industry. Accurate evaluation of university technology enterprises is useful to attract venture capital and manage university technology enterprises. Combining with the option characteristics of university technology enterprise evaluation, the article constructs a framework of real option evaluation method for university technology company and discusses the application of real option method on university technology enterprise evaluation.
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