Assessing Commercial Viability of Technology Start-up Businesses in a Government Venture Capital under Fuzzy Intuitionistic Environment

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28140%2F16%3A43875603" target="_blank" >RIV/70883521:28140/16:43875603 - isvavai.cz</a>
Result on the web
<a href="https://link.springer.com/article/10.1007/s40815-016-0141-9" target="_blank" >https://link.springer.com/article/10.1007/s40815-016-0141-9</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1007/s40815-016-0141-9" target="_blank" >10.1007/s40815-016-0141-9</a>

Result language
angličtina
Original language name
Assessing Commercial Viability of Technology Start-up Businesses in a Government Venture Capital under Fuzzy Intuitionistic Environment
Original language description
Governments around the world are increasingly showing keen interests in venture capital investments in technology start-up businesses. However, determining the commercial potential of a new Technology start-up business is generally seen as a complex exercise especially in a government-controlled setting where selection of candidates can be clouded by several peripheral considerations. To generate more interests in decision-making models aimed at assessing the commercial viability of candidate start-up businesses in a government-run venture capital, this study (1) provides a modified form of the Strategic Technology Evaluation Program (STEP) called G-STEP as a new selection criteria for a government-controlled venture capital scheme (2) adopts a comprehensive intuitionistic fuzzy TOPSIS framework with a sensitivity analysis component for the assessment of early stage but high potential tech start-up firms and (3) demonstrates its applicability with a numerical example assessing the commercial potential of start-up businesses in a Government technology venture capital program. The proposed decision-making framework could be useful in the assessment and selection problems in other government priority areas.
Czech name
—
Czech description
—

Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
—
OECD FORD branch
10201 - Computer sciences, information science, bioinformathics (hardware development to be 2.2, social aspect to be 5.8)

Project
Result was created during the realization of more than one project. More information in the Projects tab.
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Similar results(10)