QUALITATIVE DECISION MAKING MODEL OF INVESTMENT INTO START-UP COMPANIES

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F14%3APU108135" target="_blank" >RIV/00216305:26510/14:PU108135 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.1504/IJTIP.2013.059656" target="_blank" >http://dx.doi.org/10.1504/IJTIP.2013.059656</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1504/IJTIP.2013.059656" target="_blank" >10.1504/IJTIP.2013.059656</a>

Jazyk výsledku

angličtina

Název v původním jazyce

QUALITATIVE DECISION MAKING MODEL OF INVESTMENT INTO START-UP COMPANIES

Popis výsledku v původním jazyce

The investments into start-up companies are often unique. The results are difficult to forecast. These investments are based on sparse and vague information; that is why statistical modelling methods are not applicable. Therefore this paper applies qualitative modelling and qualitative decision tree to support investment decision making into start-up companies. Team of expert was asked to describe start-up investment and 12 characteristics (variables) were chosen, e. g. Profitability, Market Potential etc. These variables were divided to two sets, variables which are under the management control - decision variables - and variables which are not under managerial control - lottery variables. The 12 dimensional models were developed, a common sense analysis identifies 18 qualitative equationless relations and the model generated 20 scenarios. A subset of scenarios was transferred into a qualitative decision tree. The tree was evaluated to identify the best possible sequence of decisions using heuristics based on common sense reasoning.

Název v anglickém jazyce

QUALITATIVE DECISION MAKING MODEL OF INVESTMENT INTO START-UP COMPANIES

Popis výsledku anglicky

The investments into start-up companies are often unique. The results are difficult to forecast. These investments are based on sparse and vague information; that is why statistical modelling methods are not applicable. Therefore this paper applies qualitative modelling and qualitative decision tree to support investment decision making into start-up companies. Team of expert was asked to describe start-up investment and 12 characteristics (variables) were chosen, e. g. Profitability, Market Potential etc. These variables were divided to two sets, variables which are under the management control - decision variables - and variables which are not under managerial control - lottery variables. The 12 dimensional models were developed, a common sense analysis identifies 18 qualitative equationless relations and the model generated 20 scenarios. A subset of scenarios was transferred into a qualitative decision tree. The tree was evaluated to identify the best possible sequence of decisions using heuristics based on common sense reasoning.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50602 - Public administration

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2014

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

International Journal of Technology Intelligence and Planning

ISSN

1740-2832

e-ISSN

—

Svazek periodika

9

Číslo periodika v rámci svazku

3

Stát vydavatele periodika

CH - Švýcarská konfederace

Počet stran výsledku

15

Strana od-do

165-180

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-84900611144