Abstract
This paper aims to investigate the key investment decision-making factors used by the Taiwanese venture capitalists to evaluate the venture in biotech industry. A questionnaire is developed and a factor analysis is conducted. Empirical results suggest that venture capitalists care more about the ability of the management team rather than about other factors when they evaluate an investment project.
| Original language | English |
|---|---|
| Pages (from-to) | 427-440 |
| Number of pages | 14 |
| Journal | International Journal of Management and Enterprise Development |
| Volume | 2 |
| Issue number | 3-4 |
| DOIs | |
| State | Published - 2005 |