摘要
假定专利商业化项目价值服从跳扩散过程来模拟专利商业化中市场不确定和随机竞争者带来的不确定的特点。研究了在竞争条件下,企业如何进行专利商业化时机选择,才能最大化专利商业化投资机会价值。分析了竞争者的进入速度和竞争者对市场的冲击对专利商业化时机及专利商业化投资机会价值的影响。得出:竞争者的进入速度和竞争者对市场的冲击越大,企业越有动力提早将专利商业化。
This paper assumes that the project value of patent commercialization subjects to jump diffusion process.This paper also simulates the market uncertainty and the uncertainty caused by the random competitors.It studies how companies chose patent commercialization timing in order to maximize the value of investment opportunities in patent commercialization.Analysis of the effect of factors on the value of investment opportunities in patent commercialization and commercialization timing shows that the faster the random competitors enter and the greater the impact on the market caused by the competitors,the earlier business commercialize the patent.
出处
《软科学》
CSSCI
北大核心
2010年第10期51-54,共4页
Soft Science
基金
教育部人文社会科学研究一般项目(08JC630033)
关键词
专利商业化
时机
实物期权
跳扩散过程
patent commercialization
timing
real option
jump diffusion process
