Journal ArticleDOI
An extension of the analytic hierarchy process for industrial R&D project selection and resource allocation
TLDR
In this article, an extension of the Analytic Hierarchy Process (AHP) for priority setting and resource allocation in the industrial R&D environment is explored, and an AHP modeling framework is developed, and is linked to a spreadsheet model to assist in the ranking of a large number of project alternatives.Abstract:
The research and development project selection decision is concerned with the allocation of resources to a set of proposals for scientific and engineering activities. The project selection and resource allocation process can be viewed as a multiple-criteria decision-making problem, within the context of the long-range and strategic planning process of the firm. The purpose of this paper is explore the applicability of an extension of the Analytic Hierarchy Process (AHP) for priority setting and resource allocation in the industrial R&D environment. In this paper, an AHP modeling framework for the R&D project selection decision is developed, and is linked to a spreadsheet model to assist in the ranking of a large number of project alternatives. Next, cost-benefit analysis and integer programming are used to assist in the resource allocation decision. The paper concludes with an evaluation of the suitability of this approach as an expert support system, and directions for future research and testing.read more
Citations
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Journal ArticleDOI
Evolution of project studies through the lens of engaged scholarship: A longitudinal bibliometric analysis
TL;DR: In this paper , a longitudinal bibliometric analysis of 6584 articles published on projects between 1964 and 2017 was conducted to capture the volume and citation impact of publications featuring practitioner involvement in comparison to purely academic publications.
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Evaluation of regional innovation capability: an empirical study on major metropolitan areas in taiwan
TL;DR: In this article , an analytical structure to classify proper criteria and identify the relative importance among them in different cities or municipalities for selection and resource allocations of government-sponsored regional innovation is crucial.
Journal ArticleDOI
Impact of Involvement in a Patent Pool and Attention to Global Market on the Technology Performance
Bongsun Kim,Kim Nami,Kim, Eonsoo +2 more
Proceedings ArticleDOI
An Integrated Decision Analysis for the Sustainable Product Design
Jun-Ki Choi,Karthik Ramani +1 more
TL;DR: A general framework is proposed to integrate the life cycle assessment and decision analysis for prioritizing the design for environment strategy by considering uncertainty issues exist in the decision making process.
References
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Journal ArticleDOI
A Scaling Method for Priorities in Hierarchical Structures
TL;DR: A method of scaling ratios using the principal eigenvector of a positive pairwise comparison matrix is investigated, showing that λmax = n is a necessary and sufficient condition for consistency.
Journal ArticleDOI
Marketing Applications of the Analytic Hierarchy Process
Yoram Wind,Thomas L. Saaty +1 more
TL;DR: The thrust of the paper is a discussion of a number of illustrative applications of the AHP covering the following areas: the portfolio decisions of a firm whose management is concerned with the determination of the desired target portfolio and allocation of resources among its components.
Journal ArticleDOI
Incomplete pairwise comparisons in the analytic hierarchy process
TL;DR: In this article, the authors explore various methods for reducing the complexity of the preference eliciting process in a group decision-making session, where the group structures the problem in a hierarchical framework and pairwise comparisons are elicited from the group for each level of the hierarchy.
Journal ArticleDOI
An Experimental Comparison of Different Approaches to Determining Weights in Additive Utility Models
TL;DR: In this paper, Saaty et al. compared five conceptually different approaches in terms of their weights and predictive ability, and found that on average, the methods predicted about equally well, except for unit weighting which was clearly inferior.
Journal ArticleDOI
R & D project selection models: An assessment
TL;DR: The existing normative R&D benefit measurement and project selection literature is assessed and the limitations inherent in the proposed models are determined.