Browse > Article
http://dx.doi.org/10.9723/jksiis.2012.17.6.083

Developing the assessment model for technology selection: Based on the BSC and ANP  

Hong, Jongyi (경남대학교 경영학부)
Shin, Kyungchul (경남대학교 경영학부)
Publication Information
Journal of Korea Society of Industrial Information Systems / v.17, no.6, 2012 , pp. 83-93 More about this Journal
Abstract
Technology assessment is one of the most challenging decision making areas that companies face nowadays. According to increase the importance of technology selection, it has been a main issue for the decision makers whether an appropriate technology selection will be successful or not. Therefore, in this study, a technology assessment model using BSC and ANP method was proposed. The technology assessment model consist of three phase. In first phase, various factors, that have an influence on technology assessment, were taken into consideration. Based on the extracted BSC process, the strategies and critical success factors and performance measures were extracted for selecting the technology. And in second phase, the ANP method used to integrate opinions of experts' and evaluate technology alternatives controls tangible and intangible criteria, allows for more complex inter-relationship among decision levels and deals with ambiguity involved in the assessment process. In the lase phase, according to the result of before phase, decision makers select the appropriate technology. Furthermore, the proposed model was applied in the public service for validating the feasibility of the assessment model. The criteria and proposed performance measures informs the method and focus areas for developing the technology. Furthermore, the assessment model can be applied to the other area, and give the objectivity and rationality.
Keywords
Technology Selection; BSC; ANP;
Citations & Related Records
연도 인용수 순위
  • Reference
1 Balachandra, R. and Friar, J. H. (1997), "Factors for Success in R&D Projects and New Product Innovation: A Contextual Framework," IEEE Transactions on Engineering Management, Vol. 44, No. 3, pp. 276-287   DOI
2 Bar-Zakay, S.N. (1977), "Technology transfer from the defense to the civilian sector in Israel: methodology and findings," Technological Forecasting and Social Change, Vol.10 ,No.2, pp.143-158.   DOI
3 Black, F. and Scholes, M. (1973), "The pricing of options and corporate liabilities," Journal of Political Economy, Vol. 81, pp. 637-659.   DOI   ScienceOn
4 Chung, S.H., Lee, A. H. L. and Pearn, W. L. (2005), "Analytic network process (ANP) approach for product mix planning in semiconductor fabricator," International Journal of Production Economics, Vol. 96, pp. 15-36.   DOI
5 Coster, R. D. and Butler, C. (2005), "Assessment of proposals for new technology ventures in the UK : characteristics of universitys pin-off companies," Technovation, Vol.25, No.5, pp.535-543.   DOI
6 Choudhury, A. K., Shankar, R., Tiwari, M. K. (2006). Consensus-based intelligent group decisionmaking model for the selection of advanced technology. Decision Support Systems, Vol. 42, pp. 1776-1799.   DOI
7 Gregory, M.J. (1995), "Technology management: a process approach," Proceedings of the Institution of Mechanical Engineers (IMechE) 209, pp. 347-355.   DOI
8 Heslop, L. A., McGregor E. and Griffith, M. (2001), "Development of a Technology Readiness Assessment Measure: The Clover leaf Model of Technology Transfer," Journal of Technology Transfer, Vol.26, pp. 369-384.   DOI
9 Hsu, Y. L., Lee, C. H., Kreng, V. B. (2009), "The application of Fuzzy Delphi Method and Fuzzy AHP in lubricant regenerative technology selection," Expert System with Applications, Vol. 37, No. 1, pp. 419-425.
10 Japan Technology Transfer Association(JTTA), (2005). Available fromhttp://www.jttas.or.jp
11 Kaplan, R. S. and Norton, D. P. (1992), "The Balanced Scorecard—Measures that Drive Performance," Harvard Business Review January- February.
12 Kaplan, S. R., and Norton R. D. (1996), "Using the Balanced Scorecard as a Strategic Management System," Harvard Business Review January-February.
13 Kumar, V. and Jain, P. K. (2003), "Commercialization of new technologies in India: an empirical study of perceptions of technology institutions," Technovation, Vol.23, No.2, pp.113- 120.   DOI
14 Lassere, R. (1982), "Training: key to technology transfer," Long Range Plan, Vol. 15, No. 3, pp. 51-60.   DOI
15 Luong, Lee H. S. (1998). "A decision support system for the selection of computer-integrated manufacturing technologies". Robotics and Computer-integrated Manufacturing, Vol. 14, 45-33.   DOI
16 Mard, M. (2000a), "Financial factors: cost approach to valuing intellectual property," Licensing Journal, August, pp. 27-28.
17 Mard, M. (2000b), "Financial factors: income approach to valuing intellectual property," Licensing Journal, September, pp. 27-30.
18 McNamara, P. And Baden-Fuller, C. (1999), "Lessons from the Celltech case: balancing knowledge exploration and exploitation in organizational renewal," British Journal of Management, Vol. 10, pp. 291-307.   DOI
19 Mitchell, G. and Hamilton, W. (1996),"Managing R&D as a strategic option," Research Technology Management, May-June, pp. 50-56.
20 Mohanty R. P., Agarwal, R., Choudhury, A. K., Tiwari, M. K. (2005). "A fuzzy ANP-based approach to R&D project selection: a case study". International Journal of Production Research, Vol. 43, No. 24, 5199-5216.   DOI
21 National Technology Transfer Center,(2005). Available from http://www.nttc.edu.
22 Noori, H. (1990), "Managing the Dynamics if New Technology," Prentice Hall
23 Olve, N. G., Roy, J. and Wetter, M. (1999), "Performance Drivers: A Practical Guide to Using the BalancedScorecard," NewYork: John Wiley & Sons.
24 Palm, E. and Hansson, S. O. (2006), "The case for ethical technology assessment (eTA)," Technological Forecasting & Social Change, Vol. 73, pp. 543-558   DOI
25 Park, Y. T. and Park, G. M (2004), "A new method for technology valuation in monetary value: procedure and application," Technovation, Vol. 24, No. 5, pp. 387-394   DOI
26 Pavri, Z. (1999), "Valuation of intellectual property assets: the foundation for risk management and financing," Proceedings of INSIGHT Conference, Toronto.
27 Pecas, P., Ribeiro, I., Folgado, R. and Henriques, E. (2009). "A Life Cycle Engineering model for technology selection: a case study on plastic injection moulds for low production volumes". Journal of Cleaner Production, Vol. 17, 846-856.   DOI
28 Saaty, T.L. (1996), "Decision Making with Dependence and Feedback: The Analytic Network Process," RWS Publications, Pittsburgh.
29 Sarkis, J. (2002), "Quantitative models for performance measurement systems-alternate considerations," International Journal of Production Economics, Vol. 86, pp. 81-90.
30 Schmookler, J. (1966), "Invention and Economic Growth," HarvardUniversityPress,Cambridge.
31 Schroder, R. and Sohal, A.S. (1999), "Organisational characteristics associated with AMT adoption: towards a contingency framework," International Journal of Operations and Production Management, Vol. 19, No. 12, pp. 1270-1291.   DOI
32 Shehabuddeen, N., Probert, D. and Phaal, R. (2006), "From theory to practice: challenges in operationalising a technology selection framework," Technovation, Vol. 26, pp. 324-335.   DOI
33 Shen, Y. C., Chang, S. H., Lin, G. T. and Yu, H. C. (2010). "A hybrid selection model for emerging technology". Technological Forecasting & Social Change, Vol. 77, No. 1, pp. 151-166   DOI   ScienceOn
34 Sohn, S. Y., Kim H. S. and Moon, T. H. (2007), "Predicting the financial performance index of technology fund for SME using structural equation, model", Expert Systems with Applications, Vol. 32, pp. 890-898   DOI
35 Sohn, S. Y. and Moon, T. H. (2003), "Structural equation model for predicting technology commercialization success index (TCSI), Technological Forecasting and Social Change, Vol. 70, No. 9, pp. 885-899.   DOI   ScienceOn
36 Souder, W. (1972), "A scoring methodology for assessing the suitability of management science model," Management Science, Vol. 18, pp. 526-543.   DOI
37 Stacey, G.S. and Ashton, W.B. (1990), "A structured approach to corporate technology strategy," International Journal of Technology Management, Vol. 5, No. 4, pp. 389-407.
38 Yun, M. H., Kim, K. J., Choi, I. J., Han, S. H. and Kang, S. M. (2000), "Evaluation of retained technology asset: framework and system development," Management of Innovation and Technology, Vol. 1, pp. 354 - 359   DOI
39 Yüksel, İ. and Dağdeviren, M. (2007), "Using the analytic network process (ANP) in a SWOT analysis - A case study for a textile firm," Information Sciences, Vol. 177, pp. 3364-3382.   DOI   ScienceOn
40 김수연, 황현석 and 홍종의(2007), "BSC 지표의 정규화된 Total Score 산출 방법," 한국산업정보학회논문지, Vol.12, pp163-172
41 서우종, 박진배 and 홍진원(2009), "공기업의 BSC 구축에 관한 연구: 한국남부발전(주) 사례를 중심으로," 한국산업정보학회논문지, v.14, pp. 163-182