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The use of fuzzy sets analysis for assessment of efficiency of innovative projects with venture financing based on real options method

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Pages: 
90-96
UDC Code: 
330.322.01:519.85
Authors: 
Baranov A Doctor of Economic Sciences, Professor  (baranov@ieie.nsc.ru)
Muzyko E Candidate of Economic Sciences  (mei927@mail.ru)
Pavlov V Doctor of Technical Sciences  (victor_n_pavlov@mail.ru)

Questions of the annex of the concept of real options to an assessment of efficiency of innovative projects with venture financing with use of the device of indistinct sets are considered. The short review of works of foreign and Russian scientists on the studied perspective is given. The new technique of an assessment of economic efficiency of innovative projects with venture financing on the basis of a method of real options with use of the modified formula Gesk and inclusion of the indistinct and multiple analysis is described. Synthesis of probability-theoretic and indistinct and multiple methods in the analysis of venture financing of innovative projects on the basis of a method of real options expands the tools of the venture investor used for justification of decisions on investment of projects and also allows to receive more exact assessment of efficiency of projects with high degree of uncertainty in comparison with traditional approaches.

Files: 
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