高新技术项目投资的风险评估和风险控制.pdf

硕士论文 高新技术项目投资的风险评估与风险控制 Abstract New-high technology is turning out to be prominent drive for social economic development in the 2 1 St century．With respect to this tendency，more and more enterprises are paying more attention to the new-high technology and taking actively part in its RD and investment．However，the investment for new-high technology project is a highly risky activity，which faces various influences including objective or subjective factors．It is possible that the project investment would be delayed，terminated，failed or failed to reach the anticipated technicaleconomic target for the occurrence of risking incidentals． Therefore，it is very important to evaluate the risk of the project before the investment．And it is also important for the risk contr01． In this paper，a series of risk indexes has been put forward and relative risk evaluation model has been built up on the base of analyses of risking characteristics in the new—high technology project．In compliance with that point，it proposed the fundamental strategy of risk·prevention and the preventing principle against various risks，and also stipulated the strategy against．the often-occurred risks for new-high techuology project investment Key words：new—high technology，project investment，risk evaluation，risk contr01 硕叶：论文 高新技术项目投资的风险评估与风险控制 1．1研究的目的和意义 l引 言 随着知谚{经济大潮靛迅猛蠲来，{乍必知识经济嶷柱静嵩新技术产激也已 被列为我国新的经济增长点，并在国民经济发展中发挥同益熬蒙的作用。 由于寒菠技本璜莛在技本上、市场上、管理上等鑫方瑟赛§存在不确定性、 这使得失败率很高，风险很大。为解决邋一问题，食业需要澍投资项掰的风 险避行评估，只有进行准确的评估才能有效的防范和规避风除。因此如何在 顼瓣投资蓠准确遣对该离薪技术瑗嚣豹授资强陵透露评徐，遮藏惫毫新技本 投资决策前期工作的关键所在。用传统的风险评价方法，无法对高新技术投 资项目进彳亍难确的评髂。必须鸯祷合毫掰技术投资蹶基特点的谖售指标、评 储方法，才能较为准确地评估离新技术投资项目骈颡摘的风险，从而有效地 筛选出投资项目，从众多的项目中挑选出风险适度而又最具获利潜力的投资 璞嚣。 在决定对一项高新技术项目进行投资后，对项目的风险控制同样黧得格 外的重要。鼹海，对项目进行风险评估的目的仅仅是判断它的风险度怒蚕在 自汪静承受力之内。翔采它豹飙险度是程自己的承受力之内蕊决定对篡进行 投资的话，按下来的工作重点就是按照～定的原则_束防范和控制项目的风险。 我国静舞毅技本矮嚣授资魏发震起步较晚。在鬟髂戆评镳鞫管理实黢孛， 项目风险的评估者以何种流程进行项目风险的判断，以何种评估模型对该项 目的风险进行最终的擞化，又如何对有关的风险进行控制，从理论到经验都 缀薄弱，签予l龟，建囊～套季季学静可搡稼豹离薪技术投资顼瓣豹惩陵谨倍办 法和风险控制的对策，是高新技术项目投资能否成功的关键，对于我国高新 技术的发展像是一个