MULTICRITERIA ANALYSIS OF TECHNOLOGICAL INNOVATION INVESTMENTS USING FUZZY SETS


Creative Commons License

Suder A. , KAHRAMAN C.

TECHNOLOGICAL AND ECONOMIC DEVELOPMENT OF ECONOMY, cilt.22, ss.235-253, 2016 (SSCI İndekslerine Giren Dergi) identifier identifier

  • Cilt numarası: 22 Konu: 2
  • Basım Tarihi: 2016
  • Doi Numarası: 10.3846/20294913.2014.994191
  • Dergi Adı: TECHNOLOGICAL AND ECONOMIC DEVELOPMENT OF ECONOMY
  • Sayfa Sayıları: ss.235-253

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.