A fuzzy AHP application in government-sponsored R&D project selection

Chi-Cheng Huang, Pin-Yu Chu and Yu-Hsiu Chiang

Omega, 2008, vol. 36, issue 6, 1038-1052

Abstract: Due to the funding scale and complexity of technology, the selection of government sponsored technology development projects can be viewed as a multiple-attribute decision that is normally made by a review committee with experts from academia, industry, and the government. In this paper, we present a fuzzy analytic hierarchy process method and utilize crisp judgment matrix to evaluate subjective expert judgments made by the technical committee of the Industrial Technology Development Program in Taiwan. Our results indicate that the scientific and technological merit is the most important evaluation criterion considered in overall technical committees. We demonstrate how the relative importance of the evaluation criteria changes under various risk environments via simulation.

Keywords: Fuzzy; analytic; hierarchy; process; Government; sponsored; R&D; projects; Crisp; judgment; matrix; Simulation (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (55)

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