A risk evaluation method for the high-tech project investment based on uncertain linguistic variables

Technological Forecasting and Social Change

Volumn 78, Issue 1, 2011, Pages 40-50

  Liu, Peide ^a   Zhang, Xin ^a   Liu, Weilong ^a  

^a SHANDONG UNIVERSITY OF FINANCE AND ECONOMICS   (China)

Author keywords

High tech project; Risk evaluation; ULWC EOWA; Uncertain linguistic variable

Indexed keywords

CURRENT SITUATION; EVALUATION INDICATORS; EVALUATION METHOD; HIGH-TECH PROJECTS; RISK EVALUATION; ULWC-EOWA; UNCERTAIN FACTORS; UNCERTAIN LINGUISTIC VARIABLES;

LINGUISTICS;

INVESTMENTS;

PROJECT MANAGEMENT; RESEARCH; RISK ASSESSMENT;

EID: 78649753690     PISSN: 00401625     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.techfore.2010.04.011     Document Type: Article

References (26)

1. Park W.R., Maillie J.B. Strategy analysis for venture evaluation. J. Bus. Venturing 1970, 207-214.
2. Kelley A.J., Campanella F.B., McKiernan J. Venture Capital: A Guidebook for New Enterprises Mass 1971, 33-34. School of Management, Boston College.
3. Tyebjee T.T., Bruno A.V. A model of venture capital investment activity. Manage. Sci. 1984, 30(9):1051-1066.
4. Fried V.H., Hisrich R.D. Toward a Model of Venture Capital Investment Decision Making. Financ. Manage. 1994, 23(3):28-37.
5. Manigart Sophie, Wright Mike, Robbie Ken, Desbrieres Philippe, De Waele Koen Venture Capitalists' Appraisal of Investment Projects: An Empirical European Study. Entrep. Theory Pract. 1997, 21(4):29-44.
6. Chotigeat T., Pandey L.M., Kim D.J. Venture Capital Investment Evaluation in Emerging Markets. Multinat. Bus. Rev. 1997, 5(2):54-62.
7. Kaplan S.N., Stromberg Per Financial Contracting Theory Meets the Real World: An Empirical Analysis of Venture Capital Contracts. Rev. Econ. Stud. 2003, 70(2):281-315. (04).
8. Zutshi R.K., Tan W.L., Allampalli D.G., Gibbons P.G. Singapore Venture Capitalists Investment Evaluation Criteria: A Re-Examination. Small Bus. Econ. 1999, 13(1):9-26.
9. Tang J.H., Wang Y.Z. Research on Risk Investment Indices System. J. Beijing Polytechnic Univ. 1999, 25(6):42-44.
10. Yin S.Y. Value assessment model and its application of start-up enterprise for venture capital. China Soft Sci. 1999, 06:77-79.
11. Zhou N.M. Research on Evaluation System of selecting projects for high-tech venture capital firm. Technoecon. Manage. Res. 1999, 2:36-37.
12. Han J.X., Ma L. Analysis and measurement of venture of investment into high technology projects. J. Harbin Inst. Technol. 2001, 3:300-303.
13. Shan Xiuli, Sun Qiuba Risk, analysis and evaluation on investment in high-new-tech project. J. Univ. Sci. Technol. Liaoning 2008, 31(5):504-508.
14. Zhou Xiaohong, Cheng Xijun The Application of Option Theory in Evaluating Venture Project Investment. Oper. Res. Manage. Sci. 2002, 11(1):72-75.
15. Lou W.G. Comprehensive Evaluation Model for the Investing Risk of Using Artificial Neural Networks in the Hi-tech Projects. Sci. Res. Manage. 2005, 26(3):8-11.
16. Zhang P., Lu D. Risk assessment research on high-tech investment projects. Ind. Technol. Econ. 2008, 27(6):127-130.
17. Wan H.B., Yiqun Deng Risk evaluation model on high-tech project investment. Stat. Decision-making 2008, 3:63-65.
18. Gao Y.C. Risk assessment on high-tech project investment based on FAHP- SVM model. Bus. Econ. 2009, 4:18-20.
19. Fu F.L., Huang J.B. Limitations, of the Current Venture Capital Project Appraisal Methods. Policy-making Ref. 2002, 15(1):68-71.
20. XU Z.S. The decision method of uncertain multi-attributes and its application 2004, Tsinghua University Press, Beijing.
21. Xu Z.S. Uncertain Linguistic Aggregation Operators Based Approach to Multiple Attribute Group Decision Making under Uncertain Linguistic Environment. Inf. Sci. 2004, 168:171-184.
22. Xu Z.S. Induced Uncertain Linguistic Owa Operators Applied to Group Decision Making. Inf. Fusion 2006, 7(2):231-238.
23. Yager R.R. On ordered weighted averaging aggregation operators in multicirteria decision making. IEEE Trans. Syst. Man Cybemeitcs 1998, 18:183-190.
24. Xu Z.S. A method based on linguistic aggregation operators for group decision making with linguistic perference relations. Inf. Sci. 2004, 16(6):19-30.
25. Xu Z.S., Da Q.L. Linguistic approaches to multiple attribute decision making in uncertain linguistic setting. J. Southeast Univ. 2006, 20(4):482-485. (English Edition).
26. Wei Guiwu, Luo Yujun, Yao Hengshen PLWC-EOWA Operator and Its Application to Decision Making under Uncertain Linguistic Setting. The Fifth Wuhan International Conference on E-Business-Innovation Management Track 2007, 2:2369-2372.