對軟件企業(yè)投資過程中的評估體系研究.pdf

1、北京工業(yè)大學碩士學位論文對軟件企業(yè)投資過程中的評估體系研究姓名：王艷筠申請學位級別：碩士專業(yè)：管理科學與工程指導教師：王寧20080401北京工業(yè)人學管理學碩士學位論文Abstract、MthChina’SrapideconomicgrowthChinassoftwareindustryistoflourishIn2005，China’Ssoftwareindustryhascompletedsoftwarerevenues390biU

2、ionyuananincreaseof403percent，higherthantheelectronicinformationindustrywhichgrew167percentinthesameperiod，continuetobeoneofthefastestgrowingareasintheelectronicsandinformationindustryintheBehindoftheindustryprosperit弘we

3、mustalsecognizethattherearecertainflawsinthedevelopmentofChinassoftwarebusiness，InChinathereare1argenumberofsoftwareenterprisesbutthescaleistoosmallThiSproblemhasattractedwidespreadconceFninsocietytheStatehaspromulgateda

4、seriesofpoliciestoimprovethefinancingenvironmentofthesoftwareindustrysomeexpertsandscholarsalsobegantostudythefinancingissueofthesoftwareindustrybutasanowcategoryofenterprisegroups，inadditiontogeneralbusinessincommonthes

5、oftwareenterprisesisverydifferentfromthegeneralcompaniesnecommonlyusedvaluationmethodc孤notbemoreobjectiveassessmentofthesoftwareenterprises，thebiggestflawisthatthesemethodputthetalentandintangibleintellectualcapitalonthe

6、secondarypositionItfullydemonstratedtheimportanceofthestudyofevaluationandassessmentintheinvestmentprocesstosoftwareenterprisesThispapermainlystudiestwoaspect8evaluationandassessmentoftheenterprisesoftwareAndwetrytousepr

7、ecisemathematicallanguagetodescribetheevaluationofsoftwarecompanies，andtosomeextentovercomethelimitationsoftheooll]IllonassessmentmethodsWefirstuseofgametheorytodescribetherelationshipoftheventurecapitalfirmssoRwareenter

8、prisesandexplainedthereasonofassessmentdifficultyAndthenweexplainthereasonsoftheneedtoadoptascientificapproachtocnsllretheeffectivenessofinvestmentandfinancingworkWeselectthefactorsofwhichputimpactontheenterprisesoftware

9、。andestablishtheindexsystemOilthebasisofsuchfactorsTheindicatorsystemtakestheimpaetonthevalueofinternalandexternalfactors，thefinancialandnonfinancialfactors10ngtermandshorttermfactorsintoaccount11塢basicindicatorssystemwe

10、establishinclude11theaspectwhichputimpacts011thevalueofsoftwareenterprises，andindependent，focusingontheevaluationoftheoverallenterprisevalueAndweuseRoughSettoanalysistheweightoftheindicatorsParticularlyinthispaperweuseda

11、changefromthepreviousfixedweightsoftheexperts，expertweightswillbedividedintosubjectiveandobjectiveexpertsweightExpertsweight，usingasimilarmatrixmethodtoidentifyexpertsweight，andultimatelyusingfuzzycomprehensiveevaluation

12、methodtojudgethesoftwareenterprises，tojudgethattheprosandCOILSofsoftwareenterprisesAfterthejudgmentoftheprosandCOnsofthesoftwareenterprises，weusetherealoptionspricingmethodforsoftwareenterprisesevaluationonthebasisoffull

13、studyoftheassessmentofthevalueofthetraditionalmethodInthefifthchapterwemakesomeexplorationoftheassessmentofthedifficultyofenterprisesoftwareintellectualcapitalassessmentKeywords：venturecapital；intelligencecapitalvalue；re