Journal of Korea Technology Innovation Society (기술혁신학회지)

Korea Technology Innovation Society (한국기술혁신학회)
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Determination of Risk-Adjusted Discount Rate for the Valuation of Technology of Technology Firm

기술기업의 기술가치평가시 위험조정 할인율의 결정

  • 성웅현 (한신대학교 정보과학대학 정보통계학과)
  • Published : 2002.03.01
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Abstract

Risk, or exposure to uncertainty, is an inherent of risk-adjusted discount rate. It is therefore important part factor in the determination of risk-adjusted discount rate. This paper suggests the method to quantify risk and explains the process how to transfer quantified risk into incremental discount rate. The estimates of underlying risks will help determine the size of appropriate risk-adjusted discount rate with logical and scientific way when the technology valuation is made.

Keywords

References

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