Abstract
Entrepreneurial risk, throughout the entire business process, is inevitable for all enterprises, and with characteristics of high-tech such as high technology content, big demand for fund, rapid technological updating, high growth nature and so on, high-tech entrepreneurial risk should be paid more attention. Therefore, the paper, in combination with characteristics of high-tech, builds evaluation index system of high-tech entrepreneurial risk, and chooses osculating value method for evaluation. The empirical result shows that osculating value method is simple, easy to operate, and relatively objective.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Peter Drucker. Innovation and Entrepreneurship [M]. New York: Harper Row, 1985:16.
Robert Ronstadt. Network Support and the Success of Newly Founded Business [J]. Small Business Economics; 2000(3): 213–215.
Howard Stevenson. Venture Corporate Finance [M]. Beijing: China Renmin University Press, 2002:31.
Robert D. Hisrich. Entrepreneurship [M]. Shanghai: Fudan University Press, 2000:134.
Wang Yan-Rong. Entrepreneurship-Theory and Methods [M]. Xi’an: Shanxi People’s Publishing House, 2004:12.
Jeffery A.Timmons. New Venture Creation [M]. London: Irwin McGraw-Hill, 1999:45–58.
Zhao Guang-hui. Government Function Innovation of Private High-Tech Enterprises Innovation System Research of Private High-Tech Entrepreneur [J]. Technology Entrepreneurial Monthly Publication. 2005 (18):21–22.
P.E. Petrakis. The Effects of Risk and Time on Entrepreneurship [J]. Int Entrep Manag J. 2007 (3):277–291.
Vesa Kanniainen, Mikko Leppämäki. Union power, Entrepreneurial Risk, and Entrepreneurship [J]. Small Bus Econ. 2009 (33):293–302.
Zhang Ren-jun, Liu Xiang-qin. Evaluation Study on High-tech SMEs Venture [J]. Mod Manag Sci. 2009 (3):68–69.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2011 Springer-Verlag Berlin Heidelberg
About this paper
Cite this paper
Wang, YR., Xu, QL. (2011). Research on Appraisal of High-Tech Entrepreneurial Risk Based on Osculating Value Method. In: Wu, D. (eds) Modeling Risk Management in Sustainable Construction. Computational Risk Management. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-15243-6_33
Download citation
DOI: https://doi.org/10.1007/978-3-642-15243-6_33
Published:
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-15242-9
Online ISBN: 978-3-642-15243-6
eBook Packages: Business and EconomicsBusiness and Management (R0)