Research On Component-based Risk Management System For High-tech Virtual Enterprise

The accelerating frequency of technology updates and the improving of value-added products make high-tech enterprises face an unprecedented crisis. In response to global competition, high technology enterprise has to quickly achieve high-tech products development and industrialization, so the demand to integrate the all the resources, to disperse various risks of high-tech enterprises,and to increase innovation and efficiency is urgent. The formation of High-tech Virtual Enterprise (High-tech Virtual Enterprise, HTVE) can not only help to develop core competitiveness of high-tech enterprise, but also help to integrate high-tech enterprises local core superiority, so that our high-tech enterprises can also carry out technology innovation and product development under in the lack of whole scale and R&D capabilities situation. In order to achieve a common goal, profit and collaboration, HTVE members will bear the corresponding risks, and the proceeds will be different. Therefore, HTVE need to formulate a reasonable risk management system to ensure that member companies to take risks, but also can benefit from cooperation and obtain the corresponding receipts, otherwise member enterprise will be in the direction of their own to maximize profits, make decisions affecting the normal operation of HTVE, thus affecting the level of HTVE income, or even forced to dissolveHTVE component-based risk management system and HTVE’s organization structure, core capabilities of HTVE member companies, risk management mode and other factors have a strong correlation. Thus, the research of risk management system has closely link to the background of HTVE. After analyzing the traditional organization structure of HTVE, this thesis proposed component-based HTVE organization structure and HTVE risk management system. According to the HTVE life cycle order, this research identified risk factors of each member components and analyzed the interaction between risk factors of each component by using ISM. In chapter four, after defining the value of invested capital of HTVE member components and analyzing the ratio of all member components invested capital to sunk costs, this research established a model which can measure the size of HTVE risk and the value of risk profit and loss, and used the capital asset pricing model to estimate the expectation investment return rate of HTVE, used extension theory to evaluate the risk of HTVE at last. In chapter five, according to the size of risk measurement and evaluation and risk return values, this research developed the corresponding component-based risk control system for HTVE. In chapter six, this research designed component-based HTVE risk warning strategy generating system by using the extension theory. Finally, this thesis taken biology pheromone project which is sponsored by Heilongjiang Dayou Agricultural Biotechnology Co., Ltd. as empirical background, showed the key processes of risk management, proved the feasibility and effectiveness of risk warning strategy generating system.In order to better analyze the possible risks of each member components, find and identify these risks immediately, this research subdivided HTVE members into components. By defining the cost (tangible and intangible) of each member component invested into HTVE, and analyzing the ratio of sunk cost, we could better measure and evaluate risk, also make the risk more practical. Risk warning strategy generating system which is designed by extension rules could provide more timely, convenient, prompt and powerful help for decision makers. The research could play a positive role in HTVE risk management issues in China, and also play a positive role in promoting China’s high-tech enterprises and high-tech industry dcvclopment in practical applications.