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http://dx.doi.org/10.5762/KAIS.2019.20.10.250

Development of Method for Deriving The Crisis Index of Industrial Complex  

Kim, Sungjin (Technology Commercialization Center, Korea Institute of Science and Technology Information)
Hong, Jong-yi (Division of Management and Accounting, Andong National University)
Kim, Han-Gook (Technology Commercialization Center, Korea Institute of Science and Technology Information/Department of Data&HPC, University of Science & Technology)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.20, no.10, 2019 , pp. 250-258 More about this Journal
Abstract
Due to the problems associated with the aging of industrial complexes, research on the decline of industrial complexes is being conducted. In the case of decline, it is necessary to not respond immediately, but with a crisis, it is necessary to minimize the impact on the industrial complex through preemptive responses to the external environment and internal changes. Therefore, it is necessary to develop a crisis index that can systematically predict and evaluate changes in the industrial complex. In this research, a method for extracting the crisis index of an industrial complex is developed. We derive performance measures for developing the crisis index, deriving the relative importance of performance measures based on the analytical hierarchy process. Because units of performance measurement are different, a normalization method is developed to sensitively reflect change. Based on the relative importance and normalized values of the performance measures, the crisis index of the industrial complex is developed and applied to a national industrial complex in order to verify its applicability.
Keywords
Crisis Index; Industrial Complex; Performance Measures; Relative Importance; Normalization;
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Times Cited By KSCI : 2  (Citation Analysis)
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