Entrepreneurship, entrepreneurial enterprise, and valuation issue

The aim of this paper is to analyze the feasibility of creating a research framework suitable for valuation of an entrepreneurial enterprise. The urgency for valuation issue is shown because of the important role played by entrepreneurial enterprises in economic development and their rapid increases in many nations in recent years, especially in China. However, the traditional valuation approaches for an entrepreneurial enterprise need many important premises that are not the case for an entrepreneurial enterprise. We insist that the key to approaching the valuation be to focus on the availability of alternative technologies and their future impact. A research framework should be created to combine the latest option research results to explain valuation of an entrepreneurial enterprise.