Estimating the management efficiency of venture capital to appraisal the biotechnology industry

碩士 === 中國文化大學 === 國際貿易學系碩士班 === 93 === From 1978, the biological technology industry fast in the global development, the advanced countries also live the technique to list as the key science and technology, but because the fresh technique industry will be the technical crowded industry, needed the m...

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Bibliographic Details
Main Authors: I-Hsiu Yeh, 葉怡秀
Other Authors: Luh-Tzer Kan
Format: Others
Language:zh-TW
Published: 2005
Online Access:http://ndltd.ncl.edu.tw/handle/20989836242377612747
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Summary:碩士 === 中國文化大學 === 國際貿易學系碩士班 === 93 === From 1978, the biological technology industry fast in the global development, the advanced countries also live the technique to list as the key science and technology, but because the fresh technique industry will be the technical crowded industry, needed the massive funds to invest its research development, therefore the government positively encouraged the folk to participation in recent years invests the fresh technique industry, in which contained has started the venture capital; This research goal creates for the discussion throws to the fresh technique industry management efficiency appraisal. Research sample selection period is from 2000 to 2003, the research object divides into creates throws the involvement, the involvement fresh technique company, first uses the factor analysis to extract the primary factor, then makes the relative analysis by the DEA method the discussion. No venture capital investing is higher than venture capital investing. Diminishing scale of the biotechnology company that no venture capital investing is proportion higher, therefore still needed the affiliation by venture capital involvement participation to reduce the management scale to enhance its management efficiency. No venture capital because the fixed scale reward proportion was higher, created if the venture capital wanted to involve the management, comparatively did not have the display the space.