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Analysis on Dynamic Decision‐Making Model of the Enterprise Technological Innovation Investment under Uncertain Environment

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  • Yong Long
  • Hongwei Wu
  • Ke Qiucheng Zhou

Abstract

Under the environment of fuzzy factors including the return of market, performance of product, and the demanding level of market, we use the method of dynamic programming and establish the model of investment decision, in technology innovation project of enterprise, based on the dynamic programming. Analysis of the influence caused by the changes of fuzzy uncertainty factors to technological innovation project investment of enterprise.

Suggested Citation

  • Yong Long & Hongwei Wu & Ke Qiucheng Zhou, 2012. "Analysis on Dynamic Decision‐Making Model of the Enterprise Technological Innovation Investment under Uncertain Environment," Journal of Applied Mathematics, John Wiley & Sons, vol. 2012(1).
    • Handle: RePEc:wly:jnljam:v:2012:y:2012:i:1:n:920878
    DOI: 10.1155/2012/920878
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    References listed on IDEAS

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    1. Arnd Huchzermeier & Christoph H. Loch, 2001. "Project Management Under Risk: Using the Real Options Approach to Evaluate Flexibility in R...D," Management Science, INFORMS, vol. 47(1), pages 85-101, January.
    2. Sarkar, Sudipto, 2000. "On the investment-uncertainty relationship in a real options model," Journal of Economic Dynamics and Control, Elsevier, vol. 24(2), pages 219-225, February.
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