Evaluating R&D Projects Using Two Phases Fuzzy AHP and Fuzzy TOPSIS Methods
Abstract
Technology provides important contributions to economic growth by increasing productivity in production. One of the most important indicators of technological innovation is research and development (R&D) activities. R&D studies have become necessary for companies to have a competitive advantage and to continue their operations more profitably. The decisions taken by companies and the investments they make have become more important than ever for their institutional future. In this sense, investments and projects in the R&D have become a decisive factor in the future of companies, moving companies away from traditional financial approaches that only aim at cost or profit. Decisions to be made in this issue have a more complex structure than ever, and their effectiveness has become critical for corporations. In this study, a two-stage model is proposed for the decision of an R&D project selection decision of an energy company. In the model, the weights of the criteria are determined using the Fuzzy AHP method and the most appropriate project is determined by the Fuzzy TOPSIS method.
Keywords
References
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Details
Primary Language
English
Subjects
-
Journal Section
Conference Paper
Authors
Alper Kiraz
*
0000-0001-7067-1473
Türkiye
Onur Canpolat
Türkiye
Enes Furkan Erkan
Türkiye
Fatih Albayrak
Türkiye
Publication Date
December 31, 2018
Submission Date
May 29, 2018
Acceptance Date
October 23, 2018
Published in Issue
Year 2018 Number: 14
Cited By
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