Research On Project Evaluation And Decision-making Of Venture Capital

From the year of 1998, the research to project evaluation and decision-making of venture capital is commenced in PR China. In the present, people lay particular stress on the research to methodological of project evaluation and decision-making of venture capital. As a contrast, the research to information basis, the other important aspect of project evaluation and decision-making of venture capital, is nearly nothing. Moreover, some disadvantages still exist in the research to methodological of project evaluation and decision-making of venture capital. The first disadvantage is people regard evaluation as decision-making. The second disadvantage is evaluation object is not the same in different research for different people define venture capital differently. The third disadvantage is that decision-making basis is not clear in the research to decision-making methodological. Some people made risk value as the only decision-making basis. Decision-making party, equity price and equity proportion and contract restriction are always ignored in the research to decision-making methodological.This paper analyses concept and character of venture capital and summarizes operation process and core operation mechanism of venture capital. On the basis of the above and research conclusion of project evaluation and decision-making of venture capital from inside and outside of PR China, this paper researches as follows:A. Expound the concept of project evaluation of venture capital and concept of decision-making of venture capital. Research on the component of the system of project evaluation and decision-making of venture capital. The system of project evaluation and decision-making of venture capital is making of information basis and methodological.B. Information basis of project evaluation and decision-making of venture capital is including passive information and initiative information. In the reason of the importance of the information basis, the validity of the information needs to be advanced. The paper gives 4 means to improve the validity of the information basis, they are: formulate information scale and contents,establish multiple...