摘要
知识产权风险投资是支持高新技术企业知识产权产业化的一种新型投资模式,该模式在拥有投资高收益的同时伴随着高风险。如何平衡投资收益与风险,制定正确的投资项目组合优化策略是投资公司考虑的核心问题。本文从风险投资公司的角度出发,运用专家评分法、均值———方差投资组合理论以及二次规划理论对投资项目组合优化问题进行了研究,并通过实例分析,说明了模型的合理性与可行性,为解决风险投资公司投资于知识产权项目的项目组合优化问题提供理论参考。
Intellectual properly venture capital has high earnings, coincided with high risks. How to balance the returns from investments against the risks that may result from them and how to decide the compositions of investment portfolios are the investment compariles, most concern. From the perspective of venture capital companies, this text studies optimization of intellectual property venture portfolio by applying expert evaluation method, meanvariance portfolio theory and quadratic ptogramming, and proves the rationality and feasibility of the model through case analysis. It also provides a theory for venture capital companies to optimize their investment portfolios.
出处
《工业技术经济》
CSSCI
2011年第11期17-21,共5页
Journal of Industrial Technological Economics
基金
教育部人文社科基金项目"知识产权风险投资优化机制与政策研究"(项目编号:10YJA630113)的资助
关键词
知识产权风险投资
投资项目组合
优化
专家评分法
均值——方差理论
二次规划
intellectual propertyventurecapital
investment portfolio
optmization
expert gradingmethod
mean-variance theory
quadratic programming
