Title :
The Evaluation and Forecasting of Investment Risk of High-Tech SME Based on Fuzzy Comprehensive Evaluation
Author :
Liu, Yanwen ; Sun, Qian
Author_Institution :
Manage. Sch., Dalian Univ. of Technol., Dalian
Abstract :
The appraisal and forecasting on the risk of investment projects is the key problem in the investment decision-making process. Aiming at overcome the defect of the previous research, this paper analyzes and forecasts investment risk of high-tech small or medium-sized enterprises (SMEs) and illuminates the fuzzy character of risk factors. In terms of multi-dimension characteristic of the risk, the paper adopts the fuzzy comprehensive evaluation model to evaluate and forecast the risk of investment projects of high-tech SMEs. To test the proposed methodology, an application is described at a high-tech small company.
Keywords :
forecasting theory; fuzzy set theory; investment; risk analysis; small-to-medium enterprises; fuzzy comprehensive evaluation; high-tech SME; investment decision-making process; investment risk forecasting; small or medium-sized enterprises; Environmental management; Financial management; Fuzzy sets; Fuzzy systems; Investments; Research and development; Research and development management; Risk management; Technological innovation; Technology management; Small or medium-sized enterprise; forecasting; fuzzy comprehensive evaluation (FCE); investment risk;
Conference_Titel :
Fuzzy Systems and Knowledge Discovery, 2008. FSKD '08. Fifth International Conference on
Conference_Location :
Shandong
Print_ISBN :
978-0-7695-3305-6
DOI :
10.1109/FSKD.2008.250
