Study On The Evaluation And Decision Of The Venture Capital Project

The topic talked by the delegate of NPC and CPPCC on the two meetings of China in 2006 is independent and innovation. What is focused on the Government Work Report of Premier WenJiabao is that we are at an important historical stage in which we must drive the social development by the science and technology progress and innovation. But an innovative country needs vast investment, capital venture specialists daring to venture, which needs thesupport of venture capital. So lead to a new type of investment--thedevelopment of venture capital.On the China venture capital forum in 2005, a research report of China Venture Capital Research Institute said that a lot of new oversea venture capital organizations enter into China under the absorbing benefit and invest essentially. The list of new oversea organization entered into China contains international magnates such as TDF,GrniteGlobal Ventures, American GaoSheng Ventures, Britain 3i, Britain united Venture, Kailei Venture, Pacific Venture Partners. 《the Report of China top 10 list of the Industry valued to invest》 published by Profession Telecom Research Institute YiGuan International revealed that Search Engine, Net Playgame and mobilephone play will be the most worthy industry of investing, which shows the importance that China can get the support of venture capital specialist on the high technology service and product market. According to the information of Zero2IPO-China Venture Capital Research Center, last year the venture capital inflooded into China enterprises was about $10.7, most of which comes from the oversea venture capital specialist of USA enterprises in China. Conclusion, it is a very right financing year for the new establishing enterprises.Therefore it is very necessary and strategic for China to built the evaluation and decision program of venture capital project in order to construct an independent and innovation country.The goal of the paper is to built the most suitable principle system with the method of researching of venture capital evaluation and decision by normative analysis and positive analysis in order to provide the reference for the practicing of venture capital institute. which is from the angle of the venture capital institute, under the guidance of its operation system, with the knowledge of finance, investment, AHP, inkling valued system, adopting the combined method of qualitative and quantitative. As the one of main body ,Venture Capital Institute is the core, it is necessary for institute to built a...