Comparing the innovation performance of EU candidate countries: an entropy-based TOPSIS approach
WOS: 000398181400003 Social Sciences Citation Index Innovation is important for countries in the competitive global economy. It is one of the main criteria for countries to be superior, to remain competitive, and to produce high technology products. Countries allocate different types of incentives t...
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Online Access: | https://hdl.handle.net/20.500.12508/821 https://doi.org/10.1080/1331677X.2016.1265895 |
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ftiskenderuntuni:oai:openaccess.iste.edu.tr:20.500.12508/821 2023-05-15T16:51:06+02:00 Comparing the innovation performance of EU candidate countries: an entropy-based TOPSIS approach Kaynak, Selahattin Altuntaş, Serkan Dereli, Türkay Mühendislik ve Doğa Bilimleri Fakültesi orcid:0000-0002-2130-5503 Dereli, Türkay 2017 application/pdf https://hdl.handle.net/20.500.12508/821 https://doi.org/10.1080/1331677X.2016.1265895 eng eng Taylor and Francis Ltd. 10.1080/1331677X.2016.1265895 Economic Research-Ekonomska Istrazivanja Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı Web of Science (SSCI) - Scopus Kaynak, S., Altuntas, S., Dereli, T. (2017). Comparing the innovation performance of EU candidate countries: an entropy-based TOPSIS approach. Economic Research-Ekonomska Istrazivanja, 30(1), 31-54. doi:10.1080/1331677X.2016.1265895 1331-677X 1848-9664 https://doi.org/10.1080/1331677X.2016.1265895 https://hdl.handle.net/20.500.12508/821 30 1 31 54 info:eu-repo/semantics/openAccess Innovation European Union (EU) Candidate Countries Entropy Method Technique for Order Performance by Similarity to Ideal Solution (TOPSIS) method Public procurement | Procurement | Green public Economics entropy european union analytical network process european-union management knowledge weight system policy model article 2017 ftiskenderuntuni https://doi.org/20.500.12508/821 https://doi.org/10.1080/1331677X.2016.1265895 2022-07-10T16:19:52Z WOS: 000398181400003 Social Sciences Citation Index Innovation is important for countries in the competitive global economy. It is one of the main criteria for countries to be superior, to remain competitive, and to produce high technology products. Countries allocate different types of incentives to encourage innovation activities in their countries. Innovation is also one of the strategic issues for the European Union (EU). The aim of this study is to compare the innovation performance of four EU candidate countries, Macedonia (FYR), Iceland, Serbia and Turkey. The entropy-based Technique for Order Performance by Similarity to Ideal Solution (TOPSIS) approach is proposed in this paper. First, the importance of each variable is computed by the entropy method to reflect on the differences among the variables in the calculation process. Subsequently, the TOPSIS method is performed by using the value and importance of variables for prioritisation of the candidate countries with respect to their innovation performance. Four case studies are conducted to show the viability of the proposed approach. Each cases study uses different reports, namely The Global Competitiveness Index, Innovation Union Scoreboard, Knowledge Assessment Methodology (KAM) and Global Innovation Index. The results of this study show that the proposed approach provides the same ranking as Innovation Union Scoreboard and KAM. Article in Journal/Newspaper Iceland DSpace@ISTE (Iskenderun Technical University Institutional Repository) Economic Research-Ekonomska Istraživanja 30 1 31 54 |
institution |
Open Polar |
collection |
DSpace@ISTE (Iskenderun Technical University Institutional Repository) |
op_collection_id |
ftiskenderuntuni |
language |
English |
topic |
Innovation European Union (EU) Candidate Countries Entropy Method Technique for Order Performance by Similarity to Ideal Solution (TOPSIS) method Public procurement | Procurement | Green public Economics entropy european union analytical network process european-union management knowledge weight system policy model |
spellingShingle |
Innovation European Union (EU) Candidate Countries Entropy Method Technique for Order Performance by Similarity to Ideal Solution (TOPSIS) method Public procurement | Procurement | Green public Economics entropy european union analytical network process european-union management knowledge weight system policy model Kaynak, Selahattin Altuntaş, Serkan Dereli, Türkay Comparing the innovation performance of EU candidate countries: an entropy-based TOPSIS approach |
topic_facet |
Innovation European Union (EU) Candidate Countries Entropy Method Technique for Order Performance by Similarity to Ideal Solution (TOPSIS) method Public procurement | Procurement | Green public Economics entropy european union analytical network process european-union management knowledge weight system policy model |
description |
WOS: 000398181400003 Social Sciences Citation Index Innovation is important for countries in the competitive global economy. It is one of the main criteria for countries to be superior, to remain competitive, and to produce high technology products. Countries allocate different types of incentives to encourage innovation activities in their countries. Innovation is also one of the strategic issues for the European Union (EU). The aim of this study is to compare the innovation performance of four EU candidate countries, Macedonia (FYR), Iceland, Serbia and Turkey. The entropy-based Technique for Order Performance by Similarity to Ideal Solution (TOPSIS) approach is proposed in this paper. First, the importance of each variable is computed by the entropy method to reflect on the differences among the variables in the calculation process. Subsequently, the TOPSIS method is performed by using the value and importance of variables for prioritisation of the candidate countries with respect to their innovation performance. Four case studies are conducted to show the viability of the proposed approach. Each cases study uses different reports, namely The Global Competitiveness Index, Innovation Union Scoreboard, Knowledge Assessment Methodology (KAM) and Global Innovation Index. The results of this study show that the proposed approach provides the same ranking as Innovation Union Scoreboard and KAM. |
author2 |
Mühendislik ve Doğa Bilimleri Fakültesi orcid:0000-0002-2130-5503 Dereli, Türkay |
format |
Article in Journal/Newspaper |
author |
Kaynak, Selahattin Altuntaş, Serkan Dereli, Türkay |
author_facet |
Kaynak, Selahattin Altuntaş, Serkan Dereli, Türkay |
author_sort |
Kaynak, Selahattin |
title |
Comparing the innovation performance of EU candidate countries: an entropy-based TOPSIS approach |
title_short |
Comparing the innovation performance of EU candidate countries: an entropy-based TOPSIS approach |
title_full |
Comparing the innovation performance of EU candidate countries: an entropy-based TOPSIS approach |
title_fullStr |
Comparing the innovation performance of EU candidate countries: an entropy-based TOPSIS approach |
title_full_unstemmed |
Comparing the innovation performance of EU candidate countries: an entropy-based TOPSIS approach |
title_sort |
comparing the innovation performance of eu candidate countries: an entropy-based topsis approach |
publisher |
Taylor and Francis Ltd. |
publishDate |
2017 |
url |
https://hdl.handle.net/20.500.12508/821 https://doi.org/10.1080/1331677X.2016.1265895 |
genre |
Iceland |
genre_facet |
Iceland |
op_relation |
10.1080/1331677X.2016.1265895 Economic Research-Ekonomska Istrazivanja Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı Web of Science (SSCI) - Scopus Kaynak, S., Altuntas, S., Dereli, T. (2017). Comparing the innovation performance of EU candidate countries: an entropy-based TOPSIS approach. Economic Research-Ekonomska Istrazivanja, 30(1), 31-54. doi:10.1080/1331677X.2016.1265895 1331-677X 1848-9664 https://doi.org/10.1080/1331677X.2016.1265895 https://hdl.handle.net/20.500.12508/821 30 1 31 54 |
op_rights |
info:eu-repo/semantics/openAccess |
op_doi |
https://doi.org/20.500.12508/821 https://doi.org/10.1080/1331677X.2016.1265895 |
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