Evaluation of high-tech enterprises´ value based on the industry life cycle

Author

Xiao-wei, Wang ; Zhi-lin, Suo ; Fu, Cheng

Author_Institution

Sch. of Econ. & Manage., Northeast Agric. Univ., Harbin, China

fYear

2010

fDate

24-26 Nov. 2010

Firstpage

1520

Lastpage

1530

Abstract

Based on the analysis of characteristics of high-tech enterprises in each stages of the industry life cycle, this paper identify the key value drivers of each stage in the life cycle, and set up evaluating index system of high-tech enterprise based on industry life cycle. Then take high-tech enterprises in the stage of growing period for example, using the evaluation index system of high-tech enterprises in growth stage designed above, this paper established a comprehensive assessment model of the high-tech enterprises´ value in growth stage based on the analytic network process (ANP). With the 35 information technology listed companies in sample, the sample company´s value was evaluated to test the validity of the evaluation index system and the comprehensive assessment model in the stage of growing period.

Keywords

life cycle costing; organisational aspects; statistical analysis; value engineering; analytic network process; comprehensive assessment model; evaluation index system; high-tech enterprises; industry life cycle; information technology listed companies; Companies; Driver circuits; Indexes; Industries; Marketing and sales; Profitability; Technological innovation; analytic network process (ANP); high-tech enterprises´ value; industry life cycle; stage of growing period;

fLanguage

English

Publisher

ieee

Conference_Titel

Management Science and Engineering (ICMSE), 2010 International Conference on

Conference_Location

Melbourne, VIC

ISSN

2155-1847

Print_ISBN

978-1-4244-8116-3

Type

conf

DOI

10.1109/ICMSE.2010.5719988

Filename

5719988