MULTICRITERIA ANALYSIS OF TECHNOLOGICAL INNOVATION INVESTMENTS USING FUZZY SETS


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Suder A., KAHRAMAN C.

TECHNOLOGICAL AND ECONOMIC DEVELOPMENT OF ECONOMY, cilt.22, sa.2, ss.235-253, 2016 (SSCI) identifier identifier

Özet

Innovation is the way of transforming the resources of a company through the creativity of people into new resources and wealth. Innovation investments are essential instruments in a company's competitive productivity and profitability strategy. Evaluation of innovation investments is a multicriteria decision making problem with many conflicting tangible and intangible criteria. Vague nature of this evaluation requires a fuzzy multicriteria methodology. In this paper we propose a fuzzy multicriteria method to evaluate technological innovation investments using eight different criteria. Fuzzy TOPSIS method is used in this evaluation and a sensitivity analysis is given.