The Research Of Selection Model For Venture Capital Investment Project

In venture capital investment, high profit goes along with high risk. How to enhance the accuracy for project selection and lower the risk at the same time becomes a very important question. To some extend, the selection of project determines the success of venture capital investment. So the study of venture capital investment project deserves more and more attention.The main content of this paper is to study the selection model for venture Capital investment project, in order to find a useful method to solve the project selection problem, which will do help to the decision making in venture capital investment. The paper consists of three parts.The first part mainly focuses on the basis theory study on venture capital investment, such as the concept, operation, decision-making, etc.The second part offers the new way to evaluate the risk and profit. From the perspective of the feature of venture capital investment project,This paper separates complex risk into simply risk factors and designs a project risk assessment index system. Then it builds a venture capital in vestment project risk assessment model on Fuzzy Mathematics integrated method and solve the problem of project risk assessment. Meanwhile, this paper uses the main-factor analysis method to evaluate the benefit of venture capital investment project from five index, which also solves the problem of the assessment of project benefit.On the basis of first and second part, the third part puts forward the selection model for venture capital investment project, considering the investor's decision making hobby, with the use of TOPSIS method. The selection model will do great help to the decision making of venture capital investment.The paper checked domestic and international related data in large quantity in compose process, proceeding to the data the sorting of the system analyze, proceeding to induce the summary to people of the past research result, the thesis also drew lessons from people of the past compare the theory that the research result of the maturity be used as this thesis according to, also put forward the new standpoint and led into the new model in oneself of thesis at the same time:First at compute the risk the investment the item value lead into the real object option thought, evading the former calculation the shortage of the method;The next in order, established the risk the investment in establishing the investment item risk the evaluation the model to evaluate with income the foundation of the model the item choose the excellent model, for actual the work provided a set of even having actual apply worth a model.Collect in time, data because of oneself certainly and personal horizontal localization, the thesis returns a lot of shortage:First, the faintness synthesizes to assess the method, synthesizing the misty mathematics in exploitation to analyze the method with the level of structure, giving the necessary decomposition to every kind of factor with handles, passing to the influence some each factor of thing synthesizes the consideration, investing to the risk the good and bad of the item do a science adjudicates. But, among them the key belongs to the matrix with distinguish the matrix to really settle, all taking the artificial factor of the very big composition in the inside, very rare to a distinguishes very accurately the result. How to establish an influence for objectively belonging to matrix with distinguishing matrix, but reducing artificial factor is to need the further research;The next in order, the item investment of the real object option quotation the method considered the value of the gentle management of the decision maker, comparing traditional investment evaluation the method is more for science, reasonable, but because of flexibility that production operation with the strategy adaptability etc. large quantity indetermination factor, the real object option is while resolving these problems too localization existing certainly.Therefore, how to get away from the localization that this thesis exists, put forward more evaluation method of having the actual meaning, would be oneself hereafter important and diligent directi...