Method for Selecting Venture Capital Project Based on Similar Cases Analysis

Abstract

Abstract:

Selection of the venture capital project bears heavily on the success or failure of a venture capital investment. In recent years, how to select the venture capital project has become an important research topic. The objective of this paper is to propose a method for selecting venture capital project based on similar cases analysis. First, the similarity between each historical case and each target case is calculated. Then, the similar historical cases are retrieved based on the similarity threshold set beforehand, and the similar historical case set concerning each target case is constructed. Further, the risk values and benefit values with regard to each target case are calculated based on the similar historical cases and the current actual situation. On the basis of the above, the desirable venture capital project are selected through the investigation of comprehensive evaluation values of venture capital project involved in each target case with respect to the project risk and the project benefit. Finally, a case study is used to illustrate the feasibility and validity of the method proposed in this paper.

Key words: venture capital project selection, project risk, project benefit, similar cases analysis, choquet integral

Li Yonghai. Method for Selecting Venture Capital Project Based on Similar Cases Analysis[J]. , 2017, 29(8): 65-76.

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