Venture Risk of Small- and Medium-Sized Sci-Tech Enterprises Based on Markov Model

Abstract

Small- and medium-sized enterprises are an important part of my country’s national economy. Among the small- and medium-sized enterprises, scientific and technological small- and medium-sized enterprises account for a considerable proportion and play an extremely important role. Compared with large enterprises, technology-based small- and medium-sized enterprises have small scale and weak financial strength. In R&D activities, they will encounter external environmental risks such as market change risks and government policy restrictions. At the same time, the internal technical strength and management ability of enterprises will also affect the development effect of enterprise R&D work. Therefore, this paper will study the risk of small- and medium-sized high-tech enterprises in the start-up period through Markov model and design and experiment the feasibility and accuracy of the risk prediction model. Markov model is a probabilistic model about time series, which is used in many fields such as speech and behavior recognition and fault diagnosis. The risk prediction in this paper can play a key role. In the experiment, the accuracy of environmental risk assessment and analysis reached 74.4%, which will greatly help enterprises make reasonable development strategies to deal with the pressure from different periods and places.