Research on investment decision-making of Hi-tech achievement industrialization project based on delayed real options

Hi-tech achievement industrialization project investment influenced by many uncertain factors, these uncertain factors bring into the investments value for project investment opportunities, but the current net present value (NPV) method evaluation of the Hi-tech achievement industrialization project investment did not consider these uncertain factors. Application of real option theory and methods provide a new way of thinking and decision-making based on the model of delayed real options on hi-tech achievement industrialization project investment decision-making.