DocumentCode :
3384312
Title :
Future performance classification of high-technology venture investments with limited data
Author :
Kruger, L. ; Walter, Michael ; Heydebreck, Peter
Author_Institution :
Engage - Key Technol. Ventures AG, Rostock, Germany
fYear :
2013
fDate :
7-10 July 2013
Firstpage :
1
Lastpage :
8
Abstract :
The system we propose allows the classification of future performances of high-technology venture investments on the basis of limited, successively available information. Our system helps investors to decide whether to invest in a young High-Technology Venture (HTV) or not. In order to cope with uncertain data we apply a Fuzzy-Rule-based Classifier. As we want to attain an objective and clear decision making process we implement a learning algorithm that learns rules from given real-world examples. The availability of data on early-stage investments is typically limited. For this reason we equipped our system with a bootstrapping mechanism which multiplies the number of examples without changing their inherent quality and structure. All these features make an operational and reliable investment decision support system in the context of early stage venture capital investments possible.
Keywords :
decision making; decision support systems; financial data processing; fuzzy set theory; investment; learning (artificial intelligence); pattern classification; statistical analysis; uncertainty handling; HTV investment; bootstrapping mechanism; data availability; decision making process; fuzzy rule-based classifier; high-technology venture; learning algorithm; operational investment decision support system; reliable investment decision support system; uncertain data; Biological system modeling; Classification algorithms; Companies; Decision support systems; Investment; Training; Venture capital; Fuzzy Classification System; High-Technology Investments; Incremental Update Algorithm; Pattern Recognition; Rule Base Learning; Venture Capital;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Fuzzy Systems (FUZZ), 2013 IEEE International Conference on
Conference_Location :
Hyderabad
ISSN :
1098-7584
Print_ISBN :
978-1-4799-0020-6
Type :
conf
DOI :
10.1109/FUZZ-IEEE.2013.6622487
Filename :
6622487
Link To Document :
بازگشت