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Multi-Criteria Analysis of Startup Investment Alternatives Using the Hierarchy Method.

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Summary

This study introduces multi-criteria analysis for evaluating startup investments, incorporating qualitative and quantitative factors. It enables investors to diversify risk by allocating resources based on identified investment appeal and global priorities.

Keywords:
Saaty’s methodchoosing alternativescriteria compositionglobal priority vectorinvestmentmulti-criteria analysisstartup

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Area of Science:

  • Decision Sciences
  • Investment Analysis
  • Organizational Systems

Background:

  • Complex organizational systems require systematic approaches for evaluating investment alternatives.
  • Traditional methods often overlook qualitative factors and expert evaluations.
  • A rational and transparent decision-making process is crucial for investment studies.

Purpose of the Study:

  • To present multi-criteria analysis (MCA) as a robust method for evaluating startup investment alternatives.
  • To define criteria for assessing startup investment potential within thematic clusters.
  • To demonstrate risk diversification through resource allocation based on investment appeal.

Main Methods:

  • Application of multi-criteria analysis (MCA) for investment evaluation.
  • Utilizing Saaty's analytic hierarchy process (AHP) for comparing alternatives.
  • Defining and clustering investment criteria based on potential types.
  • Analyzing three startups using a phase mechanism and AHP.

Main Results:

  • MCA effectively integrates quantitative and qualitative influences, statistical properties, and expert evaluations.
  • Startup investment appeal can be identified by analyzing specific features using AHP.
  • A vector of global priorities guides resource allocation for risk diversification.

Conclusions:

  • Multi-criteria analysis provides a rational, transparent, and systematic framework for investment decisions.
  • Saaty's hierarchy method is suitable for comparing complex investment alternatives.
  • The proposed approach facilitates informed risk management and resource allocation for investors.