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This paper analyzes the decision process of venture capitalists. The study focuses on aligning the evaluation uncertainty in the decision criteria of venture capitalists with the progress of the process. The reasoning builds from the concept of search, experience and credence qualities, which was developed in the economics
of information and allows the identification of the varying uncertainty of a single decision criterion compared to other criteria, along with uncertainty variations throughout the process. Exploratory empirical evidence suggests that in the early steps of the process in particular, management criteria are uncertain, while at the
end of the process other criteria couple with uncertainty.

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Mally89(金币+2, 翻译EPI+1): 代lz发放!~感谢您的热情应助!~欢迎常来!~好运!~ 2011-04-11 10:33:00
This paper analyzes the decision process of venture capitalists. The study focuses on aligning the evaluation uncertainty in the decision criteria of venture capitalists with the progress of the process.

本文分析了创业投资家的决策过程。这项研究的重点是评估创业投资家在投资过程中的决策准则的不确定性。
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