A Neutrosophic Topological and Algebraic Model for Evaluating Venture Capital Performance in Small and Medium-Sized Technology Enterprises

This paper presents a new mathematical model for analyzing venture capital (VC) decisions in small and medium-sized technology enterprises (SMEs). The model is based on two novel neutrosophic structures. First, we introduce the Neutrosophic Risk Topological Space (NRTS), which represents the uncerta...

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Main Author: Miao Wang
Format: Article
Language:English
Published: University of New Mexico 2025-07-01
Series:Neutrosophic Sets and Systems
Subjects:
Online Access:https://fs.unm.edu/NSS/60Topological.pdf
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author Miao Wang
author_facet Miao Wang
author_sort Miao Wang
collection DOAJ
description This paper presents a new mathematical model for analyzing venture capital (VC) decisions in small and medium-sized technology enterprises (SMEs). The model is based on two novel neutrosophic structures. First, we introduce the Neutrosophic Risk Topological Space (NRTS), which represents the uncertainty, trust, and risk in VC decision-making using a special type of topological structure. This space captures the changing nature of technology startups by allowing each possible decision state to be measured in terms of truth, indeterminacy, and falsity. Second, we develop the Neutrosophic Bi-LA Venture Capital Algebra (NBVC), an algebraic system that models interactions between investors and startup projects. The NBVC framework uses two binary operations to express both agreement and conflict in VC negotiations. Together, these two frameworks allow a complete and detailed evaluation of investment scenarios under real-world uncertainty. The paper includes mathematical definitions, logical proofs, and full calculation examples. Our results show that neutrosophic tools can provide deeper insights into VC dynamics and offer more accurate models than traditional fuzzy or classical systems.
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spelling doaj-art-d7177eebeade4aff8e1614e7cf0bf64c2025-08-20T03:44:18ZengUniversity of New MexicoNeutrosophic Sets and Systems2331-60552331-608X2025-07-018893093910.5281/zenodo.15873466A Neutrosophic Topological and Algebraic Model for Evaluating Venture Capital Performance in Small and Medium-Sized Technology EnterprisesMiao WangThis paper presents a new mathematical model for analyzing venture capital (VC) decisions in small and medium-sized technology enterprises (SMEs). The model is based on two novel neutrosophic structures. First, we introduce the Neutrosophic Risk Topological Space (NRTS), which represents the uncertainty, trust, and risk in VC decision-making using a special type of topological structure. This space captures the changing nature of technology startups by allowing each possible decision state to be measured in terms of truth, indeterminacy, and falsity. Second, we develop the Neutrosophic Bi-LA Venture Capital Algebra (NBVC), an algebraic system that models interactions between investors and startup projects. The NBVC framework uses two binary operations to express both agreement and conflict in VC negotiations. Together, these two frameworks allow a complete and detailed evaluation of investment scenarios under real-world uncertainty. The paper includes mathematical definitions, logical proofs, and full calculation examples. Our results show that neutrosophic tools can provide deeper insights into VC dynamics and offer more accurate models than traditional fuzzy or classical systems. https://fs.unm.edu/NSS/60Topological.pdfneutrosophic logicventure capitalsmesuncertaintytopologybi-lasemigroupinvestment modeling
spellingShingle Miao Wang
A Neutrosophic Topological and Algebraic Model for Evaluating Venture Capital Performance in Small and Medium-Sized Technology Enterprises
Neutrosophic Sets and Systems
neutrosophic logic
venture capital
smes
uncertainty
topology
bi-lasemigroup
investment modeling
title A Neutrosophic Topological and Algebraic Model for Evaluating Venture Capital Performance in Small and Medium-Sized Technology Enterprises
title_full A Neutrosophic Topological and Algebraic Model for Evaluating Venture Capital Performance in Small and Medium-Sized Technology Enterprises
title_fullStr A Neutrosophic Topological and Algebraic Model for Evaluating Venture Capital Performance in Small and Medium-Sized Technology Enterprises
title_full_unstemmed A Neutrosophic Topological and Algebraic Model for Evaluating Venture Capital Performance in Small and Medium-Sized Technology Enterprises
title_short A Neutrosophic Topological and Algebraic Model for Evaluating Venture Capital Performance in Small and Medium-Sized Technology Enterprises
title_sort neutrosophic topological and algebraic model for evaluating venture capital performance in small and medium sized technology enterprises
topic neutrosophic logic
venture capital
smes
uncertainty
topology
bi-lasemigroup
investment modeling
url https://fs.unm.edu/NSS/60Topological.pdf
work_keys_str_mv AT miaowang aneutrosophictopologicalandalgebraicmodelforevaluatingventurecapitalperformanceinsmallandmediumsizedtechnologyenterprises
AT miaowang neutrosophictopologicalandalgebraicmodelforevaluatingventurecapitalperformanceinsmallandmediumsizedtechnologyenterprises