The WINGS method with multiple networks and its application to innovation projects selection

Jerzy Michnik

International Journal of Applied Management Science, 2018, vol. 10, issue 2, 105-126

Abstract: The paper presents a comprehensive method for supporting important decisions with long-term consequences for an organisation. The proposed approach combines multiple weighted influence nonlinear gauge system (WINGS) networks into a single model comprising a broad analysis of benefits, opportunities, costs and risks (BOCR). Practicality of the presented solution is demonstrated with the illustrative example of selecting innovation projects.

Keywords: BOCR analysis; innovation projects selection; multiple criteria decision analysis; MCDA; multiple networks; risk analysis; system modelling; weighted influence nonlinear gauge system; WINGS. (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:ids:injams:v:10:y:2018:i:2:p:105-126

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