A Multicriteria Decision Model for Venture Capital Firms’ Evaluation of New Technology Business Firms

Abstract

New Technology Business Firms are known to be volatile dynamic organizations whose innovations are subject to short life cycles and product imitability. Venture capitalist firms who allocate funds to these start-ups need to evaluate multiple facets associated with the individual firm’s internal and external characteristics, as well as, its own unique objectives and goals. This study applies a multicriteria decision making model to the identification for venture capital firms of potential New Technology Business Firms who are requesting capital infusions.

Citation

Gannon, R., Hogan, K.M. and Olson, G.T. (2015), "A Multicriteria Decision Model for Venture Capital Firms’ Evaluation of New Technology Business Firms", Applications of Management Science (Applications of Management Science, Vol. 17), Emerald Group Publishing Limited, Leeds, pp. 27-50. https://doi.org/10.1108/S0276-897620140000017005