The Analysis of Patent Option for RDA Project Valuation

This paper proposes an application of the option valuation approach to evaluate a project investment in three stages: research (R), development (D) and acquisition (A). To reflect different correlation and effect of each type of uncertainty on option values and, consequently, investment decisions, t...

Full description

Bibliographic Details
Main Authors: Angsumalin SENJUNTICHAI, Anulark TECHANITISAWAD, Huynh Trung LUONG
Format: Article
Language:English
Published: The Japan Society of Mechanical Engineers 2010-06-01
Series:Journal of Advanced Mechanical Design, Systems, and Manufacturing
Subjects:
Online Access:https://www.jstage.jst.go.jp/article/jamdsm/4/3/4_3_683/_pdf/-char/en