| Author | Jang, Ben-fei |
| Call Number | AIT RSPR no. SM-95-16 |
| Subject(s) | Venture capital--Taiwan
|
| Note | A research study submitted in partial fulfillment of the requirements for the degree of
master of Business Administration in Management of Technology, School of Management |
| Publisher | Asian Institute of Technology |
| Abstract | Venture capital is beyond direct financing and passive investment. It is an integrated
technology where venture capital firms (VCFs) can become a value-added cohmt for investee
companies. In this repmt, we first b1iefly desc1ibe the spectmm of investment process, coveting
entiy stage, operating stage, and exit stage. Then, we present vatious evaluation c1itetia identified
by VCFs, and investigate the different perceptions between VCFs and investee companies. The
research study is p1ima1ily canied out through a swvey of VCFs and investee companies in
Taiwan. Statistical analysis of the collected data shows that the VCFs in Taiwan do not only
anticipate for capital gains but also tty to add value to the investee companies through their
pa1ticipation in the planning and operating. On the other hand, the investee companies do not only
obtain financial suppmts from the VCFs but also receive their operating se1vices. In addition, we
study their degrees of satisfaction to each other. Discussions on the empitical results and a number
of recommendations for both VCFs and investee companies are presented. Future studies are
suggested toward the goal of improving the venture capital development in Taiwan. |
| Year | 1995 |
| Type | Research Study Project Report (RSPR) |
| School | School of Management (SOM) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
| Chairperson(s) | Pandey, Indra M.
|
| Examination Committee(s) | Gupta, Jyoti P. ;
Kim, Young Bae
|
| Scholarship Donor(s) | Taiwan Provincial Government of Republic of China |
| Degree | Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 1995 |