A Venture Capital Projects Evaluation Based On Rough Set

Nowadays, Knowledge-Based Economy shows up in a short time and develops boomingly. As an important supporting system of Knowledge-Based Economy and high technology marketing and industrialism, venture capital urgently needs a series of effective evaluation system to supply decision support before investing. Venture capital plays an important role that traditional financial institutions such as commercial banks and open-capital market can't substitute to cultivate new high-tech enterprises and promote the development of high-tech industry. But because of uncertainty in markekt prospect, technology, macroscopic and microscopic environment, etc, venture capital is a qualified high-risk investment behavior. In general, each venture capital firm receives hundreds of application every year. It's difficult to screen appropriate investment projects without a series of effective evaluation system. From the propective of ventue capital organizations, according to the ripe risk investment operation experience in foreign countries and normal decision prodecure, this paper attempts to decide key factors that influence the result of the risk investment projects, structure risk investment projects evaluation model and expanded model based on Rough Set that the evaluation is expected to offer growing captilist benefitful support to projects evaluation, develop and improve the comprehensive appraisal method of venture capital.