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Fuzzy-AHP-Based Technology Evaluation Model for venture firms
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  • Journal title : Journal of Digital Convergence
  • Volume 14, Issue 7,  2016, pp.363-371
  • Publisher : The Society of Digital Policy and Management
  • DOI : 10.14400/JDC.2016.14.7.363
 Title & Authors
Fuzzy-AHP-Based Technology Evaluation Model for venture firms
Joun, Hyang-Soon; Lee, Sang-Yong;
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Technology evaluation for technology innovation of venture firms should take the rapidly changing corporate environment, the ambiguity of language used in evaluation, and the inaccuracy of evaluation index into consideration. In this paper, targeting the absorptive capacity and technological entrepreneurship which are typical evaluation factors of venture firms, an ACTEM model to calculate the importance, priority, and dynamic capability of factors, applying Fuzzy-AHP was proposed. The fuzzy theory was introduced to compensate for the ambiguity of cognitive judgments when calculating weighted values for the factors that made up an assessment scale. An assessment criteria framework for absorptive capacity, technological entrepreneurship, and dynamic capability, which were not considered in previous studies on the evaluation and measurement of technological prowess, so that the users could have a realistic alternative to choose. The study compared the ACTEM model with the old AHP assessment method and found that "knowledge acquisition" and "producing ability" were the highest in absorptive capacity and technological entrepreneurship, respectively, thus demonstrating its validity.
Fuzzy-AHP;Fuzzy theory;Venture Business;Technology evaluation;Multi-criteria decision-making;
 Cited by
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