Volume 6, Issue 1, April 2016, Pages 15 - 20
Research on the performance evaluation of government venture capital fund based on factor analysis and DEA model
Hong-Mei Zhang, Ya-Zhong Chen, Zhe Wang
Received 8 January 2016, Accepted 27 February 2016, Available Online 1 April 2016.
- https://doi.org/10.2991/jrarc.2016.6.1.3How to use a DOI?
- Government venture capital fund, performance evaluation index system, factor analysis method, DEA method
- 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.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - JOUR AU - Hong-Mei Zhang AU - Ya-Zhong Chen AU - Zhe Wang PY - 2016 DA - 2016/04 TI - Research on the performance evaluation of government venture capital fund based on factor analysis and DEA model JO - Journal of Risk Analysis and Crisis Response SP - 15 EP - 20 VL - 6 IS - 1 SN - 2210-8505 UR - https://doi.org/10.2991/jrarc.2016.6.1.3 DO - https://doi.org/10.2991/jrarc.2016.6.1.3 ID - Zhang2016 ER -