Science Research Management ›› 2008, Vol. 29 ›› Issue (4): 71-75 .

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he investment decision of integrated circuit layout design based on the real option approach

Guo Lan1, Zhang Xiangjian2, Xu Jin3   

  1. 1. Shanghai Academy of Social Science, Shanghai 200020,China;
    2. Institute of Finance and Economics, Shanghai University of Finance and Economics,Shanghai 200433,China;
    3. School of Economics and Management,Shanghai Jiaotong University,Shanghai 200030,China)
  • Received:2007-05-08 Revised:1900-01-01 Online:2008-11-20 Published:2008-11-20

Abstract: Nowadays, the micro-electronics technology industry based on the integrated circuit layout design is a across point of high technology in the world, and gradually becomes the leading region of many high technology industries. Considering the uncertainty of integrated circuit layout design value and profit after industrialization, the model of investment decision based on the real option is put forward, and the investment decision and its influence are analyzed. It can promote the development and upgrade of integrated circuit layout design and micro-electronics technology industry.

Key words: integrated circuit, layout design, real option, investment decision

CLC Number: