Article ID: | iaor2003624 |
Country: | South Korea |
Volume: | 27 |
Issue: | 1 |
Start Page Number: | 1 |
End Page Number: | 18 |
Publication Date: | Mar 2002 |
Journal: | Journal of the Korean ORMS Society |
Authors: | Cho Keun-Tae, Kwon Cheol-Shin |
Keywords: | innovation, analytic hierarchy process |
The objective of this paper is to develop a new priority setting algorithm that considers the cross-impact of the future technology alternatives and that satisfies the final goal of the technology management through multi-hierarchy evaluation criteria. By combining the Analytic Hierarchy Process model, which is a well-known priority setting model, and Cross Impact Analysis model, which is a technological forecasting method that considers cross-impact among R&D items, we developed an integrated Cross-Impact Hierarchical model, which sets the priority by considering technological forecasting and technology dependency simultaneously. A step-by-step numerical example of the model developed here is presented as backup of its practicality.