Determining the relative importance of factors affecting the success of innovation in forest technology using AHP

Bosko Blogojevic (Corresponding Author), Dimitris Athanassiadis, Raffaele Spinelli, Jyrki Raitila, John Vos

Research output: Contribution to journalArticleScientificpeer-review

Abstract

A number of factors affect the success, or otherwise, of any tehcnological innovation. In this paper, we consider factors that affect the success of innovations in the context of forest machinery manufacturing (FMM). We report a result of a study that seeks to determine the relative importance of 19 different factors affecting the success of innovations in the FMM sector. The first stage of the study makes use of analytic hierarchy process (AHP) to determine the relative importance (weigths) of these factors, based on the responses of 15 decision makers (DMs) employed by different FMM companies. The study then considers three different ways of weighing the responses of DMs, based on different assymptions about how the responses of outliers - those DMs whose views differ significantly from the majority - should be handled. The first method assumes the responses of all DMs are of equal value. The second assumes the influence of outliers' influence should be reduced, and makes use of a Euclidean distance metric to determine the weight that should be ascribed to each DM's responses. The third assumes the influence of outliers' responses should be increased and makes use of hierarchical clustering techniques. Although the weight assignment methods were based on very diferent assumptions about how to treat the views of outliers, they produced similar rankings of factors. Results showed that for FMM companies, customer satisfaction, proportion of total sales by new products, influence on the overal profit of the company, and growth of demand for the company products were the most important factors for measuring the success of innovation.
Original languageEnglish
JournalJournal of Multi-Criteria Decisions Analysis
DOIs
Publication statusAccepted/In press - 26 Apr 2019
MoE publication typeA1 Journal article-refereed

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Relative importance
Factors
Innovation
Analytic hierarchy process
Machinery
Outliers
Decision maker
Manufacturing companies
Manufacturing sector
Proportion
Ranking
Customer satisfaction
Hierarchical clustering
New products
Assignment
Euclidean distance
Profit
Manufacturing

Keywords

  • forest technology
  • innovations
  • AHP
  • group decision-making

Cite this

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title = "Determining the relative importance of factors affecting the success of innovation in forest technology using AHP",
abstract = "A number of factors affect the success, or otherwise, of any tehcnological innovation. In this paper, we consider factors that affect the success of innovations in the context of forest machinery manufacturing (FMM). We report a result of a study that seeks to determine the relative importance of 19 different factors affecting the success of innovations in the FMM sector. The first stage of the study makes use of analytic hierarchy process (AHP) to determine the relative importance (weigths) of these factors, based on the responses of 15 decision makers (DMs) employed by different FMM companies. The study then considers three different ways of weighing the responses of DMs, based on different assymptions about how the responses of outliers - those DMs whose views differ significantly from the majority - should be handled. The first method assumes the responses of all DMs are of equal value. The second assumes the influence of outliers' influence should be reduced, and makes use of a Euclidean distance metric to determine the weight that should be ascribed to each DM's responses. The third assumes the influence of outliers' responses should be increased and makes use of hierarchical clustering techniques. Although the weight assignment methods were based on very diferent assumptions about how to treat the views of outliers, they produced similar rankings of factors. Results showed that for FMM companies, customer satisfaction, proportion of total sales by new products, influence on the overal profit of the company, and growth of demand for the company products were the most important factors for measuring the success of innovation.",
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Determining the relative importance of factors affecting the success of innovation in forest technology using AHP. / Blogojevic, Bosko (Corresponding Author); Athanassiadis, Dimitris; Spinelli, Raffaele; Raitila, Jyrki; Vos, John.

In: Journal of Multi-Criteria Decisions Analysis, 26.04.2019.

Research output: Contribution to journalArticleScientificpeer-review

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