|کد مقاله||کد نشریه||سال انتشار||مقاله انگلیسی||ترجمه فارسی||نسخه تمام متن|
|5028412||1470652||2017||7 صفحه PDF||سفارش دهید||دانلود رایگان|
At the transition period of manufacturing industry in China, intelligent manufacturing is compared to the “engine” of economic development. Those intelligent manufacturing enterprises maintain the long-term stability, prosperity and development can promote the “Made in China 2025” plan. R&D is an important approach for enterprises to gain competitive advantages and increase profits. Based on the shortcomings of the traditional discounted cash flow (DCF) method in R&D investment decision, this paper analyses the value of the growth option in R&D. And it points out that making the R&D investment decision should be combined with the value of future growth opportunities of the project. The purpose of this paper provide an evaluation model of R&D Investment value in Intelligent Manufacturing, as a reference on investment decision for intelligent manufacturing enterprises' managers. This paper provides a clearer way of thinking for managers to understand and evaluate the value of R&D projects in an all-round way and gain more profits for enterprises.
Journal: Procedia Engineering - Volume 174, 2017, Pages 301-307