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Research on the performance evaluation of government venture capital fund based on factor analysis and DEA model
oleh: Hong-Mei Zhang, Ya-Zhong Chen, Zhe Wang
Format: | Article |
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Diterbitkan: | Society for Risk Analysis - China 2016-03-01 |
Deskripsi
According to the existing domestic and foreign research results as well as the characteristics of the guide fund, this paper constructs the index system of guide fund performance evaluation, selects the data of the part of the enterprises shared by the government guide venture capital fund and uses the factor analysis method to optimize the evaluation model, then uses empirical analysis based on DEA-BCC model. The result shows that the optimized evaluation model can fully evaluate the performance of the guide fund. At the same time, empirical analysis based on DEA-BCC model shows that the results can objectively reflect the operating conditions of companies accepted investment, which provides the objective reference for government venture capital fund and companies accepted investment.