Development of a cross-impact hierarchical model for deciding technology priority

Development of a cross-impact hierarchical model for deciding technology priority

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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: ,
Keywords: innovation, analytic hierarchy process
Abstract:

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.

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