【作者】 周焯华； 张宗益；

【Author】 ZHOU Zhuo-hua, ZHANG Zong-yi (College of Management Chongqing University, Chongqing 400045,China;)

【机构】 重庆大学经济与工商管理学院；

【摘要】 期权定价是一个序列投资决策问题。传统的专利价值评价方法没有考虑专利投资的实物期权价值,存在很大的缺陷,即低估专利的价值。目前用实物期权来评估专利价值的文献又没有考虑技术进步对专利价值的影响,从而高估专利的价值。本文将考虑技术进步对专利价值的影响,用跳-扩散过程来描述技术进步过程。更多还原

【Abstract】 The problem of pricing patents is a sequential investment decision. Traditional methods of pricing patents did not consider real option valuation of the patent,and undervalued patent. now those research ,which use real option to price patents, do not consider the impact of rivalry entry on the value of patent option and overvalued patent. This paper applies the real option approach and consider the impact of rivalry entry on the value of patent option to price patents.更多还原