IDEAS home Printed from https://ideas.repec.org/a/eee/teinso/v54y2018icp41-46.html
   My bibliography  Save this article

Assessment of techno-entrepreneurship projects by using Analytical Hierarchy Process (AHP)

Author

Listed:
  • Unutmaz Durmuşoğlu, Zeynep Didem

Abstract

Funding of techno-entrepreneurship projects has gained ground for the societies. Today, many governments support techno-entrepreneurship projects by using several policy tools such as incentives. Evaluating such projects is a very difficult task while a future perspective needs to be provided. In this paper, Analytical Hierarchy Process (AHP) has been used to determine to factors that should be used in evaluating the techno-entrepreneurship projects. AHP model was set up based on the experts' opinions. The model was tested with real data that contains attributes and outcomes (success/failure) of ten techno-entrepreneurship projects. Subsequently, projects were ranked. It has been seen that three already failed projects were ranked at the end of the list. Thus, the proposed AHP model was verified with these findings. We have seen that target marketing strategy in business technology markets is key to success. The proposed AHP framework in this study is expected to be useful to other societies as well.

Suggested Citation

  • Unutmaz Durmuşoğlu, Zeynep Didem, 2018. "Assessment of techno-entrepreneurship projects by using Analytical Hierarchy Process (AHP)," Technology in Society, Elsevier, vol. 54(C), pages 41-46.
  • Handle: RePEc:eee:teinso:v:54:y:2018:i:c:p:41-46
    DOI: 10.1016/j.techsoc.2018.02.001
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0160791X17302749
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.techsoc.2018.02.001?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Park, Hyunwoo & Lee, Jeongsik (Jay) & Kim, Byung-Cheol, 2015. "Project selection in NIH: A natural experiment from ARRA," Research Policy, Elsevier, vol. 44(6), pages 1145-1159.
    2. Minken, Harald, 2016. "Project selection with sets of mutually exclusive alternatives," Economics of Transportation, Elsevier, vol. 6(C), pages 11-17.
    3. Kalbar, Pradip P. & Karmakar, Subhankar & Asolekar, Shyam R., 2012. "Technology assessment for wastewater treatment using multiple-attribute decision-making," Technology in Society, Elsevier, vol. 34(4), pages 295-302.
    4. Charisia Vlachou & Olga Iakovidou, 2015. "The Evolution Of Studies On Business Location Factors," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 20(04), pages 1-23, December.
    5. Karasakal, Esra & Aker, Pınar, 2017. "A multicriteria sorting approach based on data envelopment analysis for R&D project selection problem," Omega, Elsevier, vol. 73(C), pages 79-92.
    6. Martin, Hilary & Daim, Tugrul U., 2012. "Technology roadmap development process (TRDP) for the service sector: A conceptual framework," Technology in Society, Elsevier, vol. 34(1), pages 94-105.
    7. Medhi Salehizadeh, 2005. "Venture Capital Investments In Emerging Economies: An Empirical Analysis," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 10(03), pages 253-269.
    8. Paul, Justin & Shrivatava, Archana, 2016. "Do young managers in a developing country have stronger entrepreneurial intentions? Theory and debate," International Business Review, Elsevier, vol. 25(6), pages 1197-1210.
    9. Huang, Chi-Cheng & Chu, Pin-Yu & Chiang, Yu-Hsiu, 2008. "A fuzzy AHP application in government-sponsored R&D project selection," Omega, Elsevier, vol. 36(6), pages 1038-1052, December.
    10. Xu, Xiangdong & Chen, Anthony & Wong, S.C. & Cheng, Lin, 2015. "Selection bias in build-operate-transfer transportation project appraisals," Transportation Research Part A: Policy and Practice, Elsevier, vol. 75(C), pages 245-251.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kadir Diler Alemdar & Ahmet Tortum & Ömer Kaya & Ahmet Atalay, 2021. "Interdisciplinary Evaluation of Intersection Performances—A Microsimulation-Based MCDA," Sustainability, MDPI, vol. 13(4), pages 1-17, February.
    2. Quezada, Luis E. & López-Ospina, Héctor A. & Ortiz, César & Oddershede, Astrid M. & Palominos, Pedro I. & Jofré, Paulina A., 2022. "A DEMATEL-based method for prioritizing strategic projects using the perspectives of the Balanced Scorecard," International Journal of Production Economics, Elsevier, vol. 249(C).
    3. Cedano, Karla G. & Hernández-Granados, Araceli, 2021. "Defining strategies to improve success of technology transfer efforts: An integrated tool for risk assessment," Technology in Society, Elsevier, vol. 64(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ciprian Cristea & Maria Cristea, 2021. "KPIs for Operational Performance Assessment in Flexible Packaging Industry," Sustainability, MDPI, vol. 13(6), pages 1-18, March.
    2. Chaojiang Wu & Erjia Yan & Yongjun Zhu & Kai Li, 2021. "Gender imbalance in the productivity of funded projects: A study of the outputs of National Institutes of Health R01 grants," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 72(11), pages 1386-1399, November.
    3. Salimi, Negin & Rezaei, Jafar, 2018. "Evaluating firms’ R&D performance using best worst method," Evaluation and Program Planning, Elsevier, vol. 66(C), pages 147-155.
    4. Joshua Sohn & Pierre Bisquert & Patrice Buche & Abdelraouf Hecham & Pradip P. Kalbar & Ben Goldstein & Morten Birkved & Stig Irving Olsen, 2020. "Argumentation Corrected Context Weighting-Life Cycle Assessment: A Practical Method of Including Stakeholder Perspectives in Multi-Criteria Decision Support for LCA," Sustainability, MDPI, vol. 12(6), pages 1-23, March.
    5. Choudhary, Devendra & Shankar, Ravi, 2012. "An STEEP-fuzzy AHP-TOPSIS framework for evaluation and selection of thermal power plant location: A case study from India," Energy, Elsevier, vol. 42(1), pages 510-521.
    6. Wanke, Peter Fernandes & Chiappetta Jabbour, Charbel José & Moreira Antunes, Jorge Junio & Lopes de Sousa Jabbour, Ana Beatriz & Roubaud, David & Sobreiro, Vinicius Amorim & Santibanez Gonzalez‬, Erne, 2021. "An original information entropy-based quantitative evaluation model for low-carbon operations in an emerging market," International Journal of Production Economics, Elsevier, vol. 234(C).
    7. Xiaodong Yuan & Weiling Song, 2022. "Evaluating technology innovation capabilities of companies based on entropy- TOPSIS: the case of solar cell companies," Information Technology and Management, Springer, vol. 23(2), pages 65-76, June.
    8. Karasakal, Esra & Aker, Pınar, 2017. "A multicriteria sorting approach based on data envelopment analysis for R&D project selection problem," Omega, Elsevier, vol. 73(C), pages 79-92.
    9. Li, Heyang & Wu, Meijun & Wang, Yougui & Zeng, An, 2022. "Bibliographic coupling networks reveal the advantage of diversification in scientific projects," Journal of Informetrics, Elsevier, vol. 16(3).
    10. Samira Shayanmehr & Jana Ivanič Porhajašová & Mária Babošová & Mahmood Sabouhi Sabouni & Hosein Mohammadi & Shida Rastegari Henneberry & Naser Shahnoushi Foroushani, 2022. "The Impacts of Climate Change on Water Resources and Crop Production in an Arid Region," Agriculture, MDPI, vol. 12(7), pages 1-22, July.
    11. Rafael Lizarralde & Jaione Ganzarain & Mikel Zubizarreta, 2020. "Assessment and Selection of Technologies for the Sustainable Development of an R&D Center," Sustainability, MDPI, vol. 12(23), pages 1-23, December.
    12. Besnik A. Krasniqi & Gentrit Berisha & Justina Shiroka Pula, 2019. "Does decision-making style predict managers’ entrepreneurial intentions?," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 9(1), pages 1-15, December.
    13. Srivastava, Saurabh & Singh, Shiwangi & Dhir, Sanjay, 2020. "Culture and International business research: A review and research agenda," International Business Review, Elsevier, vol. 29(4).
    14. Iñaki Bildosola & Pilar Gonzalez & Paz Moral, 2017. "An approach for modelling and forecasting research activity related to an emerging technology," Scientometrics, Springer;Akadémiai Kiadó, vol. 112(1), pages 557-572, July.
    15. Shen, Yung-Chi & Chou, Chiyang James & Lin, Grace T.R., 2011. "The portfolio of renewable energy sources for achieving the three E policy goals," Energy, Elsevier, vol. 36(5), pages 2589-2598.
    16. Ali RezaHoseini & Zahra Rahmani & Morteza BagherPour, 2022. "Performance evaluation of sustainable projects: a possibilistic integrated novel analytic hierarchy process-data envelopment analysis approach using Z-Number information," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(3), pages 3198-3257, March.
    17. Tendai Douglas Svotwa & Olumide Jaiyeoba & Mornay Roberts-Lombard & Charles Makanyeza, 2022. "Perceived Access to Finance, Entrepreneurial Self-Efficacy, Attitude Toward Entrepreneurship, Entrepreneurial Ability, and Entrepreneurial Intentions: A Botswana Youth Perspective," SAGE Open, , vol. 12(2), pages 21582440221, May.
    18. Khaled Belahcène & Vincent Mousseau & Wassila Ouerdane & Marc Pirlot & Olivier Sobrie, 2023. "Multiple criteria sorting models and methods—Part I: survey of the literature," 4OR, Springer, vol. 21(1), pages 1-46, March.
    19. Kiss, Andreea N. & Danis, Wade M. & Cavusgil, S. Tamer, 2012. "International entrepreneurship research in emerging economies: A critical review and research agenda," Journal of Business Venturing, Elsevier, vol. 27(2), pages 266-290.
    20. Cho, Yonghee & Yoon, Seong-Pil & Kim, Karp-Soo, 2016. "An industrial technology roadmap for supporting public R&D planning," Technological Forecasting and Social Change, Elsevier, vol. 107(C), pages 1-12.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:teinso:v:54:y:2018:i:c:p:41-46. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/technology-in-society .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.