Value Evaluation System And Application Research On Venture Capital Item

In recent years, Venture Capital has played a more and more important role in the conversion of scientific fruits. However, owing to its high uncertainty, flexibility, complication and investment risk, the profits of Venture Capital are hard to be guaranteed and the goals are hard to be realized. How to control the risk and predict the future benefits become the two core problems of the Venture Capital. In order to solve these two problems, we should build up a set of value evaluation system of Venture Capital item. The thesis carries out a set of value evaluation system suitable for high technical Venture Capital item, and applies it to the genetic chips Venture Capital item which I had involved in so as to resolve the realistic problems on the base of researching the value evaluation theories and methods of Venture Capital item home and aboard.The preface of this article is mainly about the important function of Venture Capital in the conversion of scientific fruits. And it presents a scheme that is to set up a series of value evaluation system suitable for high technical Venture Capital to solve the problem beginning with the two crucial problems of Venture Capital (how to control risk and predict future benefits).The first part of this article introduces the concepts and characteristics related to Venture Capital and the temporary status of China setting a good base for the following parts.The second part of this article firstly introduces the competition evaluationtheories and methods related to Venture Capital item home and aboard, and obtains the key evaluation factors included by competition evaluation of Venture Capital item; next introduces the financial evaluation theories and methods related to Venture Capital item home and aboard and deducts the methods adopted by Venture Capital item value evaluation financial system. On the base of these research theories I've divided it into competition evaluation and financial evaluation and set up a value evaluation system suitable for high technical Venture Capital on the principle of combination of quantitative analysis and qualitative analysis.The third part of this article applies the value evaluation system which is set up in the second part to evaluate the genetic chips Venture Capital item which I had taken part in. I divide the value evaluation of genetic chips Venture Capital item into the branch system of competition evaluation and the branch system of financial item evaluation and use them to evaluate the Venture Capital item comprehensively which provide the scientific and objective decision foundation for this Venture Capital item.The fourth part of this article analyzes these problems related to the value evaluation system of genetic chips Venture Capital item in the spirit of seeking the truth from the facts and exploiting the scientific truth so that to fulfill and modify this value evaluation system and to form a more scientific value evaluation system of Venture Capital item and do own bit for the development of Chinese Venture Capital industry.