Research On Venture Investment Program's Selecting Basing On ANP Method

Along with long-term and durative development of our country, venture investment is advancing rapidly. As the characteristic hazardous and incertitude in result of venture capital, scholars are getting more and more interested in the study of choice of items. Because venture capital started late in our country, the theory system is not consummate now. Compared with foreign countries', venture capital has its own character in our country.In the paper, on the basic of former investigation, I introduced analytic network process (ANP) into the choosing of venture capital items for the first time and proved the rationality of this method in the way of cases analysis.According to the order of choosing the venture capital items, firstly I brought forward the indexes newly, on the basic of summarizing and perfect former study. I also put forward my own opinion. After analyzing the relations among the indexes, by handling the ANP, I analyzed and calculated at length and got the rational significance percentages of the indexes at last. Then I gave the external marking criterion and worded out the investment worthiness of the items.When giving the indexes in the paper, I analyzed the relations among them. The indexes effect each other and decide the worthiness of the items. When analyzing the cases in the paper, I adopted twenty actual cases happened in our country and proved the applicability of the new method brought out in my paper.