Original shareholders invest in new technology companies consider factors-an example of Hexalux Optoelectronics corp.

• Main Authors: Mei-Chuan Tsou, 鄒美娟
• Other Authors: Yang-Pin Shen
• Format: Others
• Language: zh-TW
• Published: 2010
• Online Access: http://ndltd.ncl.edu.tw/handle/79115010774243275074

碩士 === 元智大學 === 管理研究所 === 98 === New technology firms in Taiwan have their importance to the Taiwan''s economic development. Science and technology development drives the economic development. Every major scientific and technological turn of will have a new economic cycle. What factors are that the original shareholders considerate whether to establish a new technology company? Therefore, this study is to understand factors that the original shareholders investing in new technology companies need to consider. In addition to Tyebjee & Bruno (1984) who proposed market attractiveness, management ability, etc., in the industry background and management team background also need to consider the company''s cash flow is sufficient to support the company''s continued operation. This study uses the business plan of Hexalux Optoelectronics Corp. as the selected case study the as a sample to consideration of factors affecting investment decisions and verify the nature and financial nature of the non-financial factors such as investment decision-making is how the mutual support . In this case analysis, the original shareholders in the new company set up still first in the industry, potential basis for strategic cooperation in investment, which can then be requested by the strong management team led the company until later brought wealth to end this individual research free cash flow in order to assess the enterprise value evaluation method, while supporting the above argument of non-financial point of view of decision-making.