The Assessment and Research of Investment Cases by Venture Capital
| Autor: | Yueh Li Yang, 楊月里 |
|---|---|
| Rok vydání: | 2006 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 94 The enterprises of venture capitals in Taiwan emulate those of the U.S.A. Venture capitalists provide assistance of capital and technology to, and take on missions of developing, Taiwan’s mid-to-small businesses. Facing the nature of high-risk taking, the assessment and screening of investment cases undoubtedly play an important part in venture capitalists’ investment decision. This research studies how venture capitalists assess and decide on investment cases; whether these decisions vary according to different investment assessment factors such as the difference between investment industries. Following the historical route, this research divides the subject as high-tech industries and conventional industries. This research also classifies investment assessment factors in five aspects; that is, market, products, technology, recycling management of the investment cases, and characteristics of entrepreneurs. The study will discuss whether the difference in investment industries will lead to different investment assessment standards gauged by venture capitalists in terms of these five aspects. The results show that, using statistics to assess and analyze the results, aspects of market, products, technology and entrepreneur characteristics vary in accordance to whether the investment cases are in high-tech or conventional industries; venture capitalists assess these two types of industries with varying assessment factors. The results of this research help venture capitalists be better able to understand their investment assessment standards; therefore, making them to be better able to select investment cases, decrease investment risk-taking, and enhance their chances of attaining profitabilities. This study also helps the start-ups understand which elements and considerations are essential to the decisions of the venture capitalists who provide these start-ups capital or technology support. Thus, start-ups may enhance their competitive advantages, if any, possessed by themselves to attract venture capitalists. In these respects, this research benefits both venture capitalists and start-ups. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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