技术类无形资产价值评估中的实物期权方法  

Real Option Method in Technical Intangible Assets Valuation

作　　者：刘莹华[1] LIU Ying-hua(Business School of Suqian College,Suqian 223800,China)

机构地区：[1]宿迁学院商学院,江苏宿迁223800

出　　处：《湖北工业职业技术学院学报》2018年第1期61-64,共4页Journal of Hubei Industrial Polytechnic

摘　　要：技术类无形资产具有实物期权的性质,不同于有形资产和金融资产,若仍采用传统的估价方式对其评估,容易扭曲资产价值。因此本文评述二叉树定价模型和Black-Scholes模型对技术类无形资产的评估方法的完善,并提出改进建议。Different from tangible assets and financial assets,technical intangible assets have the feature of real options.The value of assets will be distorted if they are still evaluated with traditional valuation methods.Therefore,this article reviews the binary tree pricing model and the Black-Scholes model to improve the evaluation method of technical intangible assets,and puts forward suggestions for improvement.

关 键 词：实物期权 技术类无形资产 BLACK-SCHOLES模型 

分 类 号：F275[经济管理—企业管理]