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| Analysis of the Investment Decisions for Radical Technology Innovation
in Ventures Based on Poisson Distribution |
| LIU Weibai，YOU Daming，LI Zhong |
| 1.Central South University, Changsha, China; 2. Shaoyang University, Shaoyang, Hunan, China |
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Abstract Based on the characteristics of project investment which is evolved from the ratio R, the project income to the input costs, and the introduction of the Poisson Distribution to analyze its changing process, this paper tries to construct the option model of radical technology innovation. The research has shown that in the decision-making of investment for the project of radical technology innovation in ventures, to achieve the jump of the project value caused by the radical technology innovation and its frequency are two major factors that affect investment decisions of ventures. The breakthrough of technological innovation can break the bottle-neck of the development of enterprises, thus achieving a virtuous cycle of sustainable development path.
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Received: 06 July 2012
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2013, Vol. 10 
