ISSN : 1796-203X
Volume : 4    Issue : 3    Date : March 2009

Risk Evaluation Method of High-technology Based on Uncertain Linguistic Variable and TOPSIS Method
Yongqing Wei and Peide Liu
Page(s): 276-282
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There are many characteristics in high-technology project investment, such as needing a lot of capital,
having so many unsure factors and so on. There are full of risks in the investment process. Some
corporations were disastrous in investment because of ignoring the risk evaluation or using the
inapposite valuation methods. So it is necessary to use a scientific evaluation method in the investment
of high-technology. This paper attempts to structure a risk evaluation model of high-technology project
investment based on the uncertain linguistic variable and TOPSIS method. Firstly, this paper discusses
the current situation of the research of the high-technology project investment. Then a evaluation
indicators system is constructed and the evaluation procedures based on the uncertain linguistic and
TOPSIS method. At last, this evaluation method is used to a practical example.

Index Terms
high-technology project, risk evaluation, linguistic variable, TOPSIS method