Applying the Multilevel Grey Model to Evaluate the VC Project
Currently, venture capital（VC) has got great attention as the small & medium-sized high-tech enterprises incubator. To value the venture capital is the key step in searching for the suitable projects because it is difficult to evaluate the potential value of most invested projects when they are in the growing stage. Firstly the index system is established in this paper according to the characteristics of venture capital projects. Then a comprehensive evaluation method utilizing the index system is proposed based on the grey system theory, which integrates qualitative analysis and quantitative analysis. The result of empirical analysis indicates that the criteria given by the model can be used as the reference of investment decision making since the valuation results can satisfy the requirement of investors.
Venture capital Multilevel grey evaluation Indez system AHP
YAN Xiexia
Zhejiang Institute of Mechanical & Electrical Engineering, P.R.China
国际会议
The Tenth West Lake International Conference on Small & Medium Business(第十届西湖国际中小企业研讨会)
杭州
英文
569-573
2008-10-25（万方平台首次上网日期，不代表论文的发表时间）