Then, through the analysis of optional impact on investment decision-making in project investment process, from the perspective of real options conducts the further research and the discussion to the project investment question, and proposes that the application of " real option theory " in project investment decision-making is the supplement and perfect to the traditional investment decision-making method.
The second part summarized the modern enterprise human resources investment decision-making and the analysis foundation, and pointed out the limitation and the insufficiency of the traditional investment decision-making method, the option method and the game theory, and in this foundation expounded the new development theory and method of the modern human resources investment decision-making -the option & game theory.
The traditional investment decision-making method cannot satisfy the demand of corporation's adaptation to the competition environment, but the real option theory regards opportunities and flexibilities as options to analyze. The real option method is an important development of the decision-making theory and method because it takes full account of the flexibilities' value.
The application in R&D overcame weakness of traditional investment decision-making and adds rationality to investment decision-making of R&D project. The paper provided scientific reference for department of decision-making.