Decision - making executive probabilities are used to simulate the effectiveness from the two decisions of " instant commercial investments " and " deferring the investments to the best time " . then the parallel and exclusive managerial flexibilities are valued to reflect the price of the seeds technology . in this way a clear and complete solution is put forward to the pricing of multi - phase evolving intangible assets under uncertainty ( 1 )分别从价格接受者和价格制定者角度分析种子技术蕴涵的或有损益,利用决策执行概率模拟“立即进行商业化投资”和“等待有利时机再投资”这两种决策的权衡作用,把相互排斥的并行的管理柔性价值量化地反映到种子技术的价值中,从而为不确定且多阶段成长的无形资产的定价问题提供一条清晰而完整的解决思路。