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S. Y. Chen, X. W. Tang, D. B. Ni et al., “Value Analysis on Non Material Incentive in Combination Incentive to Managers,” Chinese Journal of Management Science, Vol. 13, No. 1, 2005, pp.122-126.

has been cited by the following article:

• TITLE: The Method of Real Options to Encourage the R & D Team

  AUTHORS: Junfeng Gao, Lan Jiang

  KEYWORDS: The High-Risk R & D Project, Real Option Incentive, R & D Team

  JOURNAL NAME: Journal of Service Science and Management, Vol.3 No.2, June 29, 2010

  ABSTRACT: In some projects, the R & D appears to be a failure, and according to traditional methods of encouragement motivation, it is hard to get any awards for the R & D team. But there is a valuable option implied in it. This article discusses the method of real options to encourage R & D team when the enterprises can not achieve the desired economic benefit in the case of high-risk project or the immature market. The process of method includes: Identify the real option type of high-risk projects, Design the incentive mechanism and Design specific exercise ways.