Publication: MULTICRITERIA ANALYSIS OF TECHNOLOGICAL INNOVATION INVESTMENTS USING FUZZY SETS
Loading...
Date
Advisor
Journal Title
Journal ISSN
Volume Title
Publisher
Vilnius Gediminas Technical University
Type
Abstract
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.
Description
Subject
Intuitionistic Fuzzy Sets, Artificial intelligence, HF5001-6182, Economics, Profitability index, Macroeconomics, Social Sciences, Economic growth, development, planning, Multi-Criteria Decision Making, Management Science and Operations Research, Operations research, Decision Sciences, FOS: Mathematics, Business, TOPSIS, Productivity, investment, Computer science, innovation, Management science, fuzzy sets, Fuzzy logic, Fuzzy Sets, HD72-88, multicriteria evaluation, Mathematics, Finance