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

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

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

Popis výsledku anglicky

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.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

10201 - Computer sciences, information science, bioinformathics (hardware development to be 2.2, social aspect to be 5.8)

Projekt

Výsledek vznikl pri realizaci vícero projektů. Více informací v záložce Projekty.

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2017

Kód důvěrnosti údajů

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

Název periodika

International Journal of Fuzzy Systems

ISSN

1562-2479

e-ISSN

—

Svazek periodika

19

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

CN - Čínská lidová republika

Počet stran výsledku

14

Strana od-do

400-413

Kód UT WoS článku

000399118100011

EID výsledku v databázi Scopus

2-s2.0-85016728125