Valuation of innovative companies:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Lohmar ; Köln
Eul
2003
|
| Ausgabe: | 1. Aufl. |
| Schriftenreihe: | Reihe: Katallaktik
2 |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | Zugl.: Wien, Univ., Diss., 2003 |
| Beschreibung: | XVI, 194 S. graph. Darst. |
| ISBN: | 3899361016 |
Internformat
MARC
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| 100 | 1 | |a Behm, Georg |d 1972- |e Verfasser |0 (DE-588)124816347 |4 aut | |
| 245 | 1 | 0 | |a Valuation of innovative companies |c Georg Behm |
| 250 | |a 1. Aufl. | ||
| 264 | 1 | |a Lohmar ; Köln |b Eul |c 2003 | |
| 300 | |a XVI, 194 S. |b graph. Darst. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 490 | 1 | |a Reihe: Katallaktik |v 2 | |
| 500 | |a Zugl.: Wien, Univ., Diss., 2003 | ||
| 650 | 4 | |a Ökonometrisches Modell | |
| 650 | 4 | |a Corporations |x Valuation |x Econometric models | |
| 650 | 0 | 7 | |a Unternehmensgründung |0 (DE-588)4078599-3 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Innovation |0 (DE-588)4027089-0 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Unternehmensbewertung |0 (DE-588)4078594-4 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Monte-Carlo-Simulation |0 (DE-588)4240945-7 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Discounted-Cash-Flow-Methode |0 (DE-588)4406568-1 |2 gnd |9 rswk-swf |
| 655 | 7 | |0 (DE-588)4113937-9 |a Hochschulschrift |2 gnd-content | |
| 689 | 0 | 0 | |a Innovation |0 (DE-588)4027089-0 |D s |
| 689 | 0 | 1 | |a Unternehmensgründung |0 (DE-588)4078599-3 |D s |
| 689 | 0 | 2 | |a Unternehmensbewertung |0 (DE-588)4078594-4 |D s |
| 689 | 0 | 3 | |a Discounted-Cash-Flow-Methode |0 (DE-588)4406568-1 |D s |
| 689 | 0 | 4 | |a Monte-Carlo-Simulation |0 (DE-588)4240945-7 |D s |
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| 856 | 4 | 2 | |m DNB Datenaustausch |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010430123&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-010430123 | |
Datensatz im Suchindex
| _version_ | 1808225765768036352 |
|---|---|
| adam_text |
CONTENTS
XI
CONTENTS
LIST
OF
FIGURES
.
XV
1
INTRODUCTION
.
1
2
APPROACHES
TO
VALUE
A
COMPANY
.
3
2.
1
TRADITIONAL
VALUATION
APPROACHES
.
3
2.1.1
EARNINGS
BASED
VALUATION
MODEL
.
3
2.1.2
DISCOUNTED
CASH
FLOW
MODELS
.
4
2.1.2.1
EQUITY
APPROACH
.
12
2.1.2.2
ENTITY
APPROACH
.
12
2.1.2.3
ADJUSTED
PRESENT
VALUE
APPROACH
.
13
2.1.2.4
ECONOMIC
PROFIT
APPROACH
.
14
2.1.3
MARKET
APPROACH
.
14
2.1.3.1
COMPARATIVE
COMPANY
APPROACH
.
14
2.1.3.2
MARKET
MULTIPLES
APPROACH
.
15
2.1.4
ANALYSIS
OF
NON-FINANCIAL
MEASURES
.
16
2.2
VALUATION
APPROACHES
FOR
INNOVATIVE
COMPANIES
.
18
2.2.1
SCENARIO
BASED
DISCOUNTED
CASH
FLOW
ANALYSIS
.
18
2.2.2
RISK
ADJUSTED
DISCOUNTED
CASH
FLOW
APPROACH
.
19
2.2.3
METHOD
OF
CERTAINTY
EQUIVALENTS
.
20
2.2.4
REAL
OPTIONS
APPROACH
.
20
2.2.5
STOCHASTIC
DYNAMIC
MODELS
.
23
2.2.5.1
MODEL
OF
LANDES
AND
LOISTL
(1991)
.
25
2.2.5.2
MODEL
OF
SCHWARTZ
AND
MOON
(2000A,
2001)
.
28
2.2.5.3
MODEL
OF
KEIBER,
KRONIMUS
AND
RUDOLF
(2002)
.
31
XII
VALUATION
OF
INNOVATIVE
COMPANIES
3
ALTERNATIVE
VALUATION
MODEL
FOR
INNOVATIVE
COMPANIES
.
33
3.1
VALUE
DRIVER
MAP
.
33
3.2
FORMULATION
OF
THE
BASE
APPROACH
.
35
3.2.1
CONTINUOUS
TIME
MODEL
.
36
3.2.2
RISK-NEUTRAL
MODEL
.
54
3.2.3
DISCRETE
TIME
APPROXIMATION
.
56
3.2.4
BANKRUPTCY
CONDITION
.
58
3.3
ASSESSMENT
OF
INDUSTRY
ATTRACTIVENESS
.
60
3.3.1
PORTER'S
FIVE
FORCES
.
60
3.3.2
GROWTH
/
SHARE
MATRIX
.
65
3.3.3
INDUSTRY
ATTRACTIVENESS
/
BUSINESS
STRENGTH
MATRIX
.
66
3.3.4
MARKET
LIFE
CYCLE
/
COMPETITIVE
STRENGTH
MATRIX
.
67
4
EMPIRICAL
ANALYSIS
.
69
4.1
DESCRIPTION
OF
SELECTED
INDUSTRY
SECTORS
.
70
4.1.1
TELECOMMUNICATIONS
EQUIPMENT
AND
SERVICES
.
70
4.1.1.1
INDUSTRY
OVERVIEW
.
70
4.1.1.2
OPERATIONS
OF
INDUSTRY
.
73
4.1.1.3
INDUSTRY
ASSESSMENT
.
74
4.1.2
BIOTECHNOLOGY
AND
PHARMACEUTICAL
PRODUCTS
.
75
4.1.2.1
INDUSTRY
OVERVIEW
.
75
4.1.2.2
DRUG
DEVELOPMENT
AND
APPROVAL
PROCESS
.
77
4.1.2.3
OPERATIONS
OF
INDUSTRY
.
80
4.1.2.4
INDUSTRY
ASSESSMENT
.
81
4.1.3
MEDICAL
EQUIPMENT
AND
SUPPLIES
.
82
4.1.3.1
INDUSTRY
OVERVIEW
.
82
4.1.3.2
OPERATIONS
OF
INDUSTRY
.
84
4.1.3.3
INDUSTRY
ASSESSMENT
.
85
CONTENTS
XIII
4.2
ESTIMATION
OF
PARAMETERS
.
86
4.2.1
GENERAL
ASSUMPTIONS
.
86
4.2.2
EFFECTS
OF
INDUSTRY
SPECIFIC
FACTORS
.
87
4.3
DATA
DESCRIPTION
.
90
4.4
RESULTS
OF
THE
SIMULATION
.100
4.5
SENSITIVITY
ANALYSIS
.108
4.6
COMPARISON
WITH
KEIBER,
KRONIMUS
AND
RUDOLF
(2002)
.
141
4.7
VALUE
DRIVER
ASSESSMENT
.
145
5
CONCLUSION
.147
REFERENCES
.149
DATA
SOURCES
.
159
GLOSSARY
OF
TECHNICAL
TERMS
.
161
GLOSSARY
OF
ABBREVIATIONS
.163
GLOSSARY
OF
NOTATION
.
165
APPENDIX
1
:
PARAMETER
DEFINITIONS
.
169
APPENDIX
2
:
LIST
OF
COMPANIES
FOR
THE
EMPIRICAL
ANALYSIS
.
173
APPENDIX
3
:
INPUT
PARAMETERS
OF
THE
ANALYSED
COMPANIES
.174
APPENDIX
4
:
DETAILED
RESULTS
OF
THE
SENSITIVITY
ANALYSIS
.
183 |
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| ctrlnum | (OCoLC)56385945 (DE-599)BVBBV017304351 |
| edition | 1. Aufl. |
| format | Book |
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| genre_facet | Hochschulschrift |
| id | DE-604.BV017304351 |
| illustrated | Illustrated |
| indexdate | 2024-08-24T00:14:29Z |
| institution | BVB |
| isbn | 3899361016 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-010430123 |
| oclc_num | 56385945 |
| open_access_boolean | |
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| owner_facet | DE-19 DE-BY-UBM |
| physical | XVI, 194 S. graph. Darst. |
| publishDate | 2003 |
| publishDateSearch | 2003 |
| publishDateSort | 2003 |
| publisher | Eul |
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| series | Reihe: Katallaktik |
| series2 | Reihe: Katallaktik |
| spelling | Behm, Georg 1972- Verfasser (DE-588)124816347 aut Valuation of innovative companies Georg Behm 1. Aufl. Lohmar ; Köln Eul 2003 XVI, 194 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Reihe: Katallaktik 2 Zugl.: Wien, Univ., Diss., 2003 Ökonometrisches Modell Corporations Valuation Econometric models Unternehmensgründung (DE-588)4078599-3 gnd rswk-swf Innovation (DE-588)4027089-0 gnd rswk-swf Unternehmensbewertung (DE-588)4078594-4 gnd rswk-swf Monte-Carlo-Simulation (DE-588)4240945-7 gnd rswk-swf Discounted-Cash-Flow-Methode (DE-588)4406568-1 gnd rswk-swf (DE-588)4113937-9 Hochschulschrift gnd-content Innovation (DE-588)4027089-0 s Unternehmensgründung (DE-588)4078599-3 s Unternehmensbewertung (DE-588)4078594-4 s Discounted-Cash-Flow-Methode (DE-588)4406568-1 s Monte-Carlo-Simulation (DE-588)4240945-7 s DE-604 Reihe: Katallaktik 2 (DE-604)BV017540142 2 DNB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010430123&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Behm, Georg 1972- Valuation of innovative companies Reihe: Katallaktik Ökonometrisches Modell Corporations Valuation Econometric models Unternehmensgründung (DE-588)4078599-3 gnd Innovation (DE-588)4027089-0 gnd Unternehmensbewertung (DE-588)4078594-4 gnd Monte-Carlo-Simulation (DE-588)4240945-7 gnd Discounted-Cash-Flow-Methode (DE-588)4406568-1 gnd |
| subject_GND | (DE-588)4078599-3 (DE-588)4027089-0 (DE-588)4078594-4 (DE-588)4240945-7 (DE-588)4406568-1 (DE-588)4113937-9 |
| title | Valuation of innovative companies |
| title_auth | Valuation of innovative companies |
| title_exact_search | Valuation of innovative companies |
| title_full | Valuation of innovative companies Georg Behm |
| title_fullStr | Valuation of innovative companies Georg Behm |
| title_full_unstemmed | Valuation of innovative companies Georg Behm |
| title_short | Valuation of innovative companies |
| title_sort | valuation of innovative companies |
| topic | Ökonometrisches Modell Corporations Valuation Econometric models Unternehmensgründung (DE-588)4078599-3 gnd Innovation (DE-588)4027089-0 gnd Unternehmensbewertung (DE-588)4078594-4 gnd Monte-Carlo-Simulation (DE-588)4240945-7 gnd Discounted-Cash-Flow-Methode (DE-588)4406568-1 gnd |
| topic_facet | Ökonometrisches Modell Corporations Valuation Econometric models Unternehmensgründung Innovation Unternehmensbewertung Monte-Carlo-Simulation Discounted-Cash-Flow-Methode Hochschulschrift |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010430123&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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