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Some issues about the application of the analytic hierarchy process to R&D project selection

Author

Listed:
  • Pedro Godinho
  • Joao Paulo Costa
  • Joana Fialho
  • Ricardo Afonso

Abstract

The analytic hierarchy process (AHP) has been used in the process of selecting research and development (R&D) projects. Such a selection process usually possesses some particular features that require adjustments in the application of the AHP method, such as the existence of a large number of very different alternatives or the integration of qualitative and quantitative criteria. In this paper, we discuss the application of AHP to the selection of a portfolio of R&D projects, and we propose some methods for handling the issues that arise from such an application.

Suggested Citation

  • Pedro Godinho & Joao Paulo Costa & Joana Fialho & Ricardo Afonso, 2011. "Some issues about the application of the analytic hierarchy process to R&D project selection," Global Business and Economics Review, Inderscience Enterprises Ltd, vol. 13(1), pages 26-41.
  • Handle: RePEc:ids:gbusec:v:13:y:2011:i:1:p:26-41
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    Cited by:

    1. García-Melón, Mónica & Poveda-Bautista, Rocío & Del Valle M., José L., 2015. "Using the strategic relative alignment index for the selection of portfolio projects application to a public Venezuelan Power Corporation," International Journal of Production Economics, Elsevier, vol. 170(PA), pages 54-66.

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