通过构建理论模型并采用Matlab仿真方法,探讨了相机控制模式下科技型创业企业的控制权配置机理。研究结果表明:创业企业获得融资额与剩余控制权(λ1)呈正向关系,与特定控制权(λ2)呈负向关系;清算价值、创业企业收益、项目成功概率与剩余控制权呈负向关系,与特定控制权呈正向关系;风险投资家获得的剩余索取权、固定收益与剩余控制权呈负向关系,企业经营状态、共享收益与特定控制权呈正向关系;企业经营状态、共享收益、创业企业家私人收益、风险投资家战略收益与λ1、λ2并非简单的正向或负向关系,而是需要满足特定的条件时才能反映其变化关系。
By building a theoretical model and using Matlab simulation software,this paper explores the configuration mechanism under the mode of a contingency control in high-tech venture enterprises. Results show that the financing amount of entrepreneurial enterprises obtained and residual control rights were positively correlated,this factor and special control rights were negatively correlated; liquidation value,entrepreneurial enterprise earnings,probability of project success and residual control rights were negatively correlated,these factors and special control rights were positively correlated; residual claim rights venture capitalists obtained,fixed Income were negatively correlated; venture firm's natural state,shared benefits and special control rights were positively correlated; the relationship between venture firm's natural state,shared benefits,private benefits of entrepreneurs,venture capitalist's strategic benefits and residual control rights,special control rights are not a simple positive or negative relationship,it need to meet certain conditions to reflect changes.