A hybrid selection model for emerging technology

Yung Chi Shen, Shu-Hsuan Chang, Grace T.R. Lin, Hsiao Cheng Yu

Research output: Contribution to journalArticle

69 Citations (Scopus)

Abstract

Technology selection, which influences the advantages of an enterprise or a country, is a multi-criteria decision issue that can be improved by integrating different methods. In addition, it is more and more difficult to identify the right technologies because the technologies are increasing in number and complexity. This study proposes a technology selection process integrating fuzzy Delphi method, analytic hierarchy process (AHP), and patent co-citation approach (PCA) for technology selection. The former effectively gathers experts' judgments toward technology selection criteria and conducts the fuzziness existing in their responses. The analytic hierarchy process has the strength of identifying criteria and obtaining their relationship and their weights. The patent co-citation approach identifies the major R&D fields of a specific technology from patent data. Through this proposed process, the key technology fields can be identified in the end. The organic light emitting diode (OLED) technology in Taiwan is used to be an example to illustrate the proposed technology selection process.

Original languageEnglish
Pages (from-to)151-166
Number of pages16
JournalTechnological Forecasting and Social Change
Volume77
Issue number1
DOIs
Publication statusPublished - 2010 Jan 1

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Technology
Analytic hierarchy process
Emerging technologies
Technology selection
Selection model
Organic light emitting diodes (OLED)
Taiwan
Patient Selection
Light
Weights and Measures
Co-citation
Selection process
Patents
Industry

All Science Journal Classification (ASJC) codes

  • Business and International Management
  • Applied Psychology
  • Management of Technology and Innovation

Cite this

Shen, Yung Chi ; Chang, Shu-Hsuan ; Lin, Grace T.R. ; Yu, Hsiao Cheng. / A hybrid selection model for emerging technology. In: Technological Forecasting and Social Change. 2010 ; Vol. 77, No. 1. pp. 151-166.
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A hybrid selection model for emerging technology. / Shen, Yung Chi; Chang, Shu-Hsuan; Lin, Grace T.R.; Yu, Hsiao Cheng.

In: Technological Forecasting and Social Change, Vol. 77, No. 1, 01.01.2010, p. 151-166.

Research output: Contribution to journalArticle

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