A research on Intellectual Property valuation model under uncertainty

The paper notes the problem of shortage of funds in the process of Intellectual Property Capitalization, points out the evaluation of intellectual property is the basis of Intellectual Property Capitalized. Because of the characters of Intellectual Property and the uncertainty of investment decision making, combining with these characteristics, the paper explores the factors affecting the value of intellectual property in discovery process and proves the uncertainty can bring a greater value. The paper put forwards the calculation model based on the Real Options to measure the value of Intellectual Property, in order to provide practical reference for intellectual property pricing.