> Valuation and Pricing of Technology-Based Intellectual Property

> Related Products: Real Options Books

Spreadsheet Modeling for Business Decisions
by: John Kros

Spreadsheet Modeling for Business Decisions focuses on five fundamental topics of business decision modeling; emphasizing the effective communication of results to the appropriate business decision maker. The topics include spreadsheet modeling, data management and modeling, simulation and linear regression modeling, and decision making under uncertainty. The text strives to educate managers in the process of becoming more effective and efficient problem solvers by providing the most important and useful topics within business decision models while at the same time preparing students to apply those topics to real-world problems, to integrate the use of common software packages into their analysis and solutions, and to prepare written and verbal conclusions from that analysis.

Details:

Published April 2007 by McGraw-Hill/Irwin, ISBN 0-978-0077212797, Includes a version of Crystal Ball.

Top

How to Measure Anything: Finding the Value of Intangibles in Business
by: Douglas Hubbard

> Learn more about Douglas Hubbard

Details:

Published April 2007 by John Wiley and Sons, ISBN 978-0-470-11012-6, Does not include a version of Crystal Ball.

Top

Analyzing and Managing Risky Investments
By John M. Campbell, Jr., John M. Campbell, Sr., Robert A. Campbell

The authors of Analyzing and Managing Risky Investments focus on how changes in the business environment impact decision making, and
how professionals today can better respond to a more fluid and less certain business environment. This textbook bridges the gap between
the traditional valuation process and more modern approaches that address problems such as limited information and inexact equations. The
authors show how analysts can successfully balance time and
knowledge constraints with the demand for good investment decisions.

Analyzing and Managing Risky Investments covers methodologies for improved investment decision making, with an emphasis on understanding variability and risk. The textbook works well as both a primer for those new to formal risk analysis, and as a reference for those who have a background in financial or project management techniques. Topics include analyzing investment opportunities, estimating the flow of money, measuring variability, and assessing and valuing risk. Each chapter includes a number of examples and case studies, many of which are related to the oil and gas industry. The authors also feature Crystal Ball for cost estimation and risk assessment and OptQuest for portfolio
optimization.

> Read more about Dr. John Campbell and International Risk
Management

Details:

Published April 2001 by Pennwell, Cloth Bound, ISBN 0-9709607-0-07, 485 pp. Does not include a version of Crystal Ball.

Top

For our UK and European visitors:

Business Forecasting, 8e
By John E. Hanke and Dean W. Wichern

This text presents basic statistical techniques that are useful for preparing individual business forecasts and long-range plans. Written in a simple, straightforward style and making extensive use of practical business examples, the new edition includes numerous new problems, examples, data sets, and cases providing students with the necessary link between theoretical concepts and their real-world applications.

Major improvements to this edition include: extensive discussions of the
managerial aspects of forecasting, forecasting software that includes Microsoft® Excel, MINITAB®, and CB Predictor, case studies in every chapter, and real data sets.

Details:

Published April 2005 by Pearson Prentice Hall, Cloth Bound, ISBN 0131412906, 535 pp. Includes a Student Edition of CB Predictor.

Top

The Business Case Guide, 2/e
By Marty Schmidt, MBA, Ph.D.

The latest edition of the Business Case Guide provides clear, concrete answers to questions concerning the development and benefits of business cases. Written with the depth and detail that finance and planning professionals require, the Guide is also rich in practical help and examples for those with little or no background in those areas. Illustrations and step-by-step guidance are designed to get you started immediately and finished as quickly as possible.

This new edition is an e-book that clarifies important differences between cases for businesses, non-profit organizations, educational institutions, and government and military organizations. The book covers the definition and structure of a business case, methods and assumptions, packaging and presentation of results (which in include simulation and sensitivity analysis using Crystal Ball), and resources.

Solution Matrix Ltd. is a leading authority on business case design and development. Now, we have just rewritten the business case book. The Guide is a single resource for the same tools, methods, and expertise that the company delivers to companies and organizations like IBM, Compaq, Ericsson, SAP, Microsoft, NASA, NSA, US Army, Royal bank of Canada, BP Amoco, and others.

> Learn more about the author from his Consultants' Corner listing

Details:

Published by Solution Matrix Ltd., 2002, electronic file, ISBN 1-929500-01-7, 266 pp. Does not include a version of Crystal Ball.

Top

To purchase, visit the Solution Matrix Web site

Essentials of Business Statistics, 1/e
By James R. Evans

Description:

This text covers the basic concepts of business statistics and data analysis integrated in a contemporary spreadsheet environment. The author emphasizes practical applications and business decision-making. Highlights include a practical, nonmathematical approach, a comprehensive database to help with hands-on exercises, and an emphasis on the use of spreadsheets for data analysis and decision modeling.

This textbook was designed for the one-semester (or briefer) course in business statistics for MBA or Executive MBA programs. One entire chapter is dedicated to risk analysis and Monte Carlo simulation with Crystal Ball.

Details:

Published August, 2002 by Prentice Hall, Copyright 2003, Softcover, ISBN: 0130784214; CD-ROM includes 140-day Student Edition of Crystal Ball Professional.

Top

For our UK and European visitors:

Financial Management: A Practical Guide to Value Creation
By Patrick C. Gregory, MS, MBA, CRM, CWM, MFP

Description:

Understanding financial management is critical in today’s global marketplace. Financial Management: A Practical Guide to Value Creation is designed for general managers, senior functional managers, and business students interested in the practice of financial management. The book introduces innovative techniques in a practical, intuitive way, but assumes no prior knowledge beyond a rudimentary understanding of financial statements.

Unlike most texts, which are conceptual in nature, Financial Management: A Practical Guide to Value Creation ties concepts to reality. In fact, the concepts covered in each chapter are applied to an actual company, which reinforces the reader’s understanding of the subject matter. Practical examples are also integrated to demonstrate how the financial tools and techniques can be used to improve the decision making process.

Financial Management: A Practical Guide to Value Creation underscores the principles of financial management, which are applicable to all companies. The book is organized into five sections. Part I begins with an articulation of the two basic questions that financial managers face: (1) What investments should the company make and (2) how should these capital expenditures be financed? Part II reviews the techniques managers use to assess a company’s current "financial health," plan its future development, and make decisions designed to improve its probability for success. Part III is dedicated to time value of money, and Part IV demonstrates how managers make investment decisions (i.e., capital budgeting) that maximize the firm’s value. Part V provides the measures of risk and return used by a company’s various capital providers to evaluate firm performance.

Key Features

• Focused Content. The text emphasizes the concepts of financial management most relevant to sound decision making. Each topic is applied to an actual company, which reinforces the reader’s understanding of the subject matter.
• Experiential Exercises. Real world exercises provide insight into the realities of financial management and guide the reader through the decision making process.
• Cutting-edge Software. The accompanying CD-ROM contains a trial version of Crystal Ball Pro, a popular software used in financial management, as well as Excel templates needed to complete the end-of-chapter problems and cases.

Details:

Published July, 2004 by Unified Business Technologies Press, Copyright 2004, Softcover, ISBN: 0972148965; CD-ROM includes a trial version of Crystal Ball Professional.

Top

For our UK and European visitors:

Financial Modeling with Crystal Ball and Excel
By John M. Charnes

Description:

We are extremely pleased to announce the publication of Financial Modeling with Crystal Ball and Excel, the first book entirely dedicated to using Crystal Ball software for spreadsheet-based problems involving financial risk. This textbook is intended for analysts who wish to construct stochastic Microsoft® Excel financial models and anyone else interested in learning how to use Crystal Ball software.

The first six chapters of this book demonstrate how to use Crystal Ball. The remainder of the text provides examples of using Crystal Ball models to help solve problems in corporate finance, investments, and financial risk management. The appendices provide technical details about what goes on under the hood of the Crystal Ball engine. A 180-day Textbook Version of Crystal Ball is included with this textbook.

Dr. John Charnes, PhD, MBA, is Professor, Scupin Faculty Fellow, and former director of the finance, economics, and decision sciences area in the University of Kansas School of Business. His specialty is the application of computer simulation and statistical methods for identifying and solving business problems, and his most current research involves using simulation for option pricing and hedging with derivatives to comply with Financial Accounting Standard (FAS) 133.He has performed research, consulting, and executive education for more than fifty corporations and other organizations.

Details:

Published 2007 by Wiley Finance, Copyright 2007, Softbound, 269 pp., ISBN: 0471779725. Includes a 180-day Textbook Edition of Crystal Ball Professional.

Top

For our UK and European visitors:

Quantitative Business Modeling, 1/e
By Jack R. Meredith, Scott M. Shafer, Efraim Turban

Description: The process of modeling is highly relevant to all business disciplines and is a critical skill for all professionals. Rather than giving instruction in models and solving problems, Quantitative Business Modeling focuses on the process of modeling and the use of models in analyzing various managerial situations.

The main focus of this text is on quantitative business modeling. It addresses topics such as what modeling entails, how to do it and why it is useful, how to recognize opportunities, how to select an appropriate model, how to collect date and formulate useful models, how to communicate and implement the results, and more. Every chapter starts with an opportunity or problem that is specific to the chapters' topics and ends with a detailed modeling example that works through the entire process described in the chapter.

The emphasis of this text is on the integration and development of modeling skills, including problem recognition, data collection, model formulation, analysis, and communicating and implementing the results. A 140-day textbook version of Crystal Ball 2000 Professional Edition is included, and an entire chapter is devoted to Monte Carlo simulation and application. An appendix to the chapter discusses how Crystal Ball can be applied using an example of an IT management decision.

Details:

Published May 2002 by South-Western College Publishing, Copyright 2002, Cloth Bound with Disk, ISBN: 0-324-01600-X; 140-day Student Edition of Crystal Ball 2000 Professional Edition included.

Top

For our UK and European visitors:

Quantitative Methods for Business, 8/e
By David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

Description: This revision of the classic Quantitative Methods for Business provides students with a conceptual understanding of the role that quantitative methods play in the decision-making process. This text describes the many quantitative methods that have been developed over the years, explains how they work, and shows how the decision-maker can apply and interpret data.

Written with the non-mathematician in mind, this text is applications-oriented. Its Problem-Scenario Approach motivates and helps students understand and apply mathematical concepts and techniques. In addition, the managerial orientation motivates students by using examples that illustrate situations in which quantitative methods are useful in decision making.

For the first time, Crystal Ball is featured in Chapter 16, which covers the use and advantages of simulation for business analysis. Topics in this chapter include manufacturing simulation, inventory simulation, waiting line simulation, and related issues. A trial version of Crystal Ball is included.

Southwestern College Publishing provides an excellent walkthrough of the book, including an overview, table of contents, features list, and description of the authors.

Details:

Published May 2000 by Southwestern College Publishing, Copyright 2001, Cloth Bound with Disk, ISBN: 0-324-04499-2; Trial version of Crystal Ball 2000 Professional Edition included.

Top

For our UK and European visitors:

Scientific Financial Management : Advances in Financial Intelligence Capabilities for Corporate Valuation and Risk Assessment
By Morton Glantz, with a Special Contribution by Thomas L. Doorley III

Description:

A huge gap exists between the theory of finance and the use of scientific financial management applications - a gap that threatens to widen despite recent advances in financial techniques and raw computing power.

This book aims to close that gap for CFOs, treasurers, and other corporate financial executives. In doing so, it teaches you how to deploy the complete array of advanced, technology-actualized financial tools available today. These sophisticated methods are the new tools of choice to crystallize value drivers, explain optimal capital allocation strategies, develop hedging strategies, and otherwise deliver the goods to your CEO and the board of directors.

SCIENTIFIC FINANCIAL MANAGEMENT is a complete tool kit to deploying advanced, state-of-the-art financial techniques for defining a firm's strategic direction...explaining optimal capital allocation strategies...and making a smart defense of the shareholder value number.

Readers will learn how to use the same scientific methods and models successfully employed by Fortune 100 companies, including: * Option analysis * Visual financial models * Monte Carlo analysis * Cash-flow analysis * Uncertainty forecast models * Linear programming * Decision trees and multiattribute utility analysis * Interactive credit scoring model--and other tools that close the gap between the theory of finance and the utilization of scientific applications. Includes a chapter dedicated to Real Options.

To reinforce these techniques, the accompanying CD-ROM provides a collection of financial models and related software, author Morton Glantz's interactive corporate and divisional risk-rating systems, and utilities and links from vendors who specialize in various valuation disciplines (including Decisioneering and Crystal Ball).

Details:

Published June 2000 by AMACOM, Copyright 2000, Hardcover with Disk, ISBN: 0814405002. Does not include a version of Crystal Ball.

Top

For our UK and European visitors:

Stochastic Modeling: The New Way to Predict Your Financial Future
By Glenn G. Kautt

Description:

Written for a general audience, Stochastic Modeling: The New Way to Predict Your Financial Future provides a beginner-level overview of the latest technologies used by financial planners for retirement planning. Glenn Kautt, a respected and recognized financial planner, created this book to help professional planners and the public to understand forecasting techniques such as Monte Carlo simulation.

NOTE: This book does not delve into technical details of simulation and is meant as a general introduction to the idea of simulation rather than a how-to book.

The book addresses these five important questions:

1. What's going on today in the world of predicting or forecasting the future financial situation for an individual or couple?
2. What new forecasting models have been developed for the financial planning of my future?
3. What's the value in these new forecasting models?
4. Can the improve my future?
5. Is there anything to look for or ask about when working with someone using these new models?

Based on several years' worth of articles and lectures by the author, this short book is an excellent introduction to the pros and cons of Monte Carlo simulation for financial planning. While the book does not specifically mention how to use Crystal Ball (Decisioneering is cited in the Notes to the Text section), most screen shots were modified from forecast charts, and the general insights can be applied to financial models that use Crystal Ball.

Details:

Published 2001 by Monitor Publishing Company, Copyright 2001, Softcover, ISBN: 0971686300. Does not include a version of Crystal Ball.

Top

Valuation and Pricing of Technology-Based Intellectual Property
By Richard Razgaitis

Companies in the business of developing cutting-edge technologies face the daunting task of having to assign value to their pre-commercial, early-stage products years before they may ever be presented for sale or license. Such technologies may be the next big thing, or they may prove to be nothing but a punchless dud. Consequently, R&D organizations answer three essential questions: 1) how to value the technology for marketing and/or licensing; 2) whether to produce a market-ready product, based on risk-analysis; and 3) how to price the product so that it is acceptable to both the seller and the buyer or licensee.

Richard Razgaitis provides invaluable guidance on answering these questions and more in Valuation and Pricing of Technology-Based Intellectual Property. A completely revised, updated, and expanded edition of Razgaitis's Early-Stage Technologies: Valuation and Pricing, this new volume presents a comprehensive approach to determining the future of new technologies based on technology rights, risk assignment, the art of deal-making, and deal economics.

This textbook is a must-read for licensing executives, corporate R&D managers, and intellectual property consultants and attorneys. As with its predecessor, the core of the book is comprised of thoughtful examinations of six valuation methods:

1. Industrial Standards
2. Rating and Ranking
3. The Rules of Thumb Method
4. The Discounted Cash Flow Method
5. Advanced Methods
6. Auctions

Each includes all-new material, such as discussions of paradigm licensing, stacking, stage development, rate-of-return available for different risks, and the use of real options. Sample spreadsheets, valuation analysis charts, and case studies based on the author's real-world experience demonstrate how these valuation methods apply in specific instances. Razgaitis also provides his readers with ample background in core concepts such as sources of value, methods of valuation, equity realizations, and negotiation strategies.

Crystal Ball and Monte Carlo simulation are discussed in-depth in the chapter covering advanced valuation methods. The author has used screen shots of Crystal Ball assumptions and forecasts to illustrate a valuation example.

Details:

Published April 2003 by John Wiley & Sons, Inc., Copyright 2003, Cloth Bound, ISBN: 047125049X. Does not include a version of Crystal Ball.

Top

For our UK and European visitors: