Study On Key Factors Of High-tech Entrepreneurship

The 21st century is the era of knowledge economy, and also the century of high-tech industries. The development of high-tech industries has become an important symbol of the development level of a national and regional scientific progress and productivity, and has even become the key factor of the economic development of a country or region. The generation, growth and development of high-tech industry and the speed and quality of high-tech industry development is based on high-tech entrepreneurship. Development practice of domestic and foreign high-tech industries and regional economy shows that high-tech enterprises with strong entrepreneurial motivation and specialized technologies provide an important basis to incubate new industries and activate regional economy, they have been the important subject of developing high-tech industries and establishing national innovation system of a country, and they have also been the basic force of promoting industrial upgrading and improving comprehensive economic strength. Now, the competition between enterprises has transferred from traditional competition of material resources-based consumption to high-tech and knowledge competition. The development of high-tech enterprises will be more important to the enhancement of national innovation capacity, macroeconomic running and strengthening of international competitiveness.The characteristics of high-tech enterprises determine that their development risks are more than the general enterprises’. High-tech entrepreneurship will fail if the risks can not be identified and avoided timely, and the sound entrepreneurial mechanism system can not be founded. In this paper, based on the former results, the formation of high-tech enterprises is analyzed, studies are made on risks identification, assessment and avoidance, investment decisions, incubator selection, and mode and mechanisms system of entrepreneurship. Cases are also studied. Based on above studies, concision are made:① it is knowledge economy promoted the rise of high-tech industries and that technological innovation is the fundamental of high-tech entrepreneurship development. ② Entrepreneurial risks include organization risk, technology risk, capital risk, market risk, policy and legal risk. Through risk assessment, enterprises can realize the objective situation of information management and find problems in the course of management. ③ The investment of high-tech enterprises faces the cost irreversibility and great technology market uncertainty. From the view of competition and development, the reaction of competitors must be considered to make investment decisions. ④ Based on functions and characteristics of business activities of incubator, in order to fully reflect the enterprise of incubators management ability, resources provided and the support degree to the incubated enterprises by the incubator should be fully considered.⑤ Entrepreneurial models have a direct impact on the growth and development of high-tech enterprises. Entrepreneurship is the process of value creation, to take the opportunity in unique ways and integrate all resources. In the process of entrepreneurship, entrepreneurs integrate sources, create and seize the opportunity. Only by configuration and integration of resources according to entrepreneurial mechanism, high-tech enterprise can through smoothly each phase of entrepreneurship.The innovation of this paper’s work and its conclusions includes three aspects: ①Entrepreneurial information management risk assessment model is established. Bu information management, managers can rapidly improve the ability of information processing and decision making. ② Option Game model of investment decisions is established. According to the different parameters of the model and the initial investment time, there are lead, follow and collusion of investment strategy. Enterprises can select strategy according to its actual situation. ③ Based on the information entropy and TOPSIS method, incubator evaluation index system and fuzzy multi-index selection and evaluation methods are proposed, which provides a new way to select incubator.