Evaluation of Development Index of China’s VC Industry Based on Weight Optimization Algorithm and TOPSIS
After more than 20 years of rapid growth in China’s venture capital industry, huge market development potential and boost by the digital wave have made China one of the most attractive venture capital markets in the world. At present, most of the measurement and evaluation of the development level o...
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| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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Wiley
2021-01-01
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| Series: | Complexity |
| Online Access: | http://dx.doi.org/10.1155/2021/2992233 |
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| author | Yi Sun Long-Long Zhou Shan Zhu Jin-Tao Su Jing Zhang |
| author_facet | Yi Sun Long-Long Zhou Shan Zhu Jin-Tao Su Jing Zhang |
| author_sort | Yi Sun |
| collection | DOAJ |
| description | After more than 20 years of rapid growth in China’s venture capital industry, huge market development potential and boost by the digital wave have made China one of the most attractive venture capital markets in the world. At present, most of the measurement and evaluation of the development level of China’s venture capital industry are qualitative evaluations and few quantitative evaluations, and the evaluation indicators are unitary. It is difficult to comprehensively measure the development status of the entire venture capital industry. This paper constructs a comprehensive evaluation model of China’s venture capital industry development index to reflect the development status of the entire industry, while dynamically tracking its future development trends. In the index system of China’s venture capital industry development index model, there are a total of ten indicators in three aspects: total, structural, and performance dimension. The calculation results are obtained by subjective and objective weighting target planning algorithm, and the final score evaluated by TOPSIS model is indexed. In this way, the development curve of China’s venture capital industry from 2006 to 2016 is obtained. Judging from the results reflected in the model conclusions, the index can better reflect the current development trend and problems faced by China’s venture capital industry. |
| format | Article |
| id | doaj-art-88c771ee98aa45d7a5b74f3af1a39adb |
| institution | Kabale University |
| issn | 1076-2787 1099-0526 |
| language | English |
| publishDate | 2021-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Complexity |
| spelling | doaj-art-88c771ee98aa45d7a5b74f3af1a39adb2025-02-03T06:12:50ZengWileyComplexity1076-27871099-05262021-01-01202110.1155/2021/29922332992233Evaluation of Development Index of China’s VC Industry Based on Weight Optimization Algorithm and TOPSISYi Sun0Long-Long Zhou1Shan Zhu2Jin-Tao Su3Jing Zhang4School of Finance, Anhui University of Finance and Economics, Bengbu 233030, ChinaSchool of Urban Geology and Engineering, Hebei GEO University, Shijiazhuang 050031, ChinaSchool of Business, Hong Kong Baptist University, Hong Kong 999077, ChinaSchool of Finance, Anhui University of Finance and Economics, Bengbu 233030, ChinaSchool of Finance, Anhui University of Finance and Economics, Bengbu 233030, ChinaAfter more than 20 years of rapid growth in China’s venture capital industry, huge market development potential and boost by the digital wave have made China one of the most attractive venture capital markets in the world. At present, most of the measurement and evaluation of the development level of China’s venture capital industry are qualitative evaluations and few quantitative evaluations, and the evaluation indicators are unitary. It is difficult to comprehensively measure the development status of the entire venture capital industry. This paper constructs a comprehensive evaluation model of China’s venture capital industry development index to reflect the development status of the entire industry, while dynamically tracking its future development trends. In the index system of China’s venture capital industry development index model, there are a total of ten indicators in three aspects: total, structural, and performance dimension. The calculation results are obtained by subjective and objective weighting target planning algorithm, and the final score evaluated by TOPSIS model is indexed. In this way, the development curve of China’s venture capital industry from 2006 to 2016 is obtained. Judging from the results reflected in the model conclusions, the index can better reflect the current development trend and problems faced by China’s venture capital industry.http://dx.doi.org/10.1155/2021/2992233 |
| spellingShingle | Yi Sun Long-Long Zhou Shan Zhu Jin-Tao Su Jing Zhang Evaluation of Development Index of China’s VC Industry Based on Weight Optimization Algorithm and TOPSIS Complexity |
| title | Evaluation of Development Index of China’s VC Industry Based on Weight Optimization Algorithm and TOPSIS |
| title_full | Evaluation of Development Index of China’s VC Industry Based on Weight Optimization Algorithm and TOPSIS |
| title_fullStr | Evaluation of Development Index of China’s VC Industry Based on Weight Optimization Algorithm and TOPSIS |
| title_full_unstemmed | Evaluation of Development Index of China’s VC Industry Based on Weight Optimization Algorithm and TOPSIS |
| title_short | Evaluation of Development Index of China’s VC Industry Based on Weight Optimization Algorithm and TOPSIS |
| title_sort | evaluation of development index of china s vc industry based on weight optimization algorithm and topsis |
| url | http://dx.doi.org/10.1155/2021/2992233 |
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