Comparing the innovation performance of EU candidate countries: an entropy-based TOPSIS approach
WOS: 000398181400003 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 activiti...
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2017
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Online Access: | https://hdl.handle.net/20.500.12712/12863 https://doi.org/10.1080/1331677X.2016.1265895 |
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ftondomayuniv:oai:acikerisim.omu.edu.tr:20.500.12712/12863 2023-05-15T16:50:57+02:00 Comparing the innovation performance of EU candidate countries: an entropy-based TOPSIS approach Kaynak, Selahattin Altuntas, Serkan Dereli, Turkay OMÜ 2017 https://hdl.handle.net/20.500.12712/12863 https://doi.org/10.1080/1331677X.2016.1265895 eng eng Routledge Journals, Taylor & Francis Ltd 10.1080/1331677X.2016.1265895 Economic Research-Ekonomska Istrazivanja Makale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı 1331-677X 1848-9664 https://doi.org/10.1080/1331677X.2016.1265895 https://hdl.handle.net/20.500.12712/12863 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 article 2017 ftondomayuniv https://doi.org/20.500.12712/12863 https://doi.org/10.1080/1331677X.2016.1265895 2022-07-21T08:40:03Z WOS: 000398181400003 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 Ondokuz Mayıs University Institutional Repository (DSpace@OMU) Economic Research-Ekonomska Istraživanja 30 1 31 54 |
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Open Polar |
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Ondokuz Mayıs University Institutional Repository (DSpace@OMU) |
op_collection_id |
ftondomayuniv |
language |
English |
topic |
Innovation European Union (EU) candidate countries entropy method Technique for Order Performance by Similarity to Ideal Solution (TOPSIS) method |
spellingShingle |
Innovation European Union (EU) candidate countries entropy method Technique for Order Performance by Similarity to Ideal Solution (TOPSIS) method Kaynak, Selahattin Altuntas, Serkan Dereli, Turkay 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 |
description |
WOS: 000398181400003 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 |
OMÜ |
format |
Article in Journal/Newspaper |
author |
Kaynak, Selahattin Altuntas, Serkan Dereli, Turkay |
author_facet |
Kaynak, Selahattin Altuntas, Serkan Dereli, Turkay |
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 |
Routledge Journals, Taylor & Francis Ltd |
publishDate |
2017 |
url |
https://hdl.handle.net/20.500.12712/12863 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 1331-677X 1848-9664 https://doi.org/10.1080/1331677X.2016.1265895 https://hdl.handle.net/20.500.12712/12863 30 1 31 54 |
op_rights |
info:eu-repo/semantics/openAccess |
op_doi |
https://doi.org/20.500.12712/12863 https://doi.org/10.1080/1331677X.2016.1265895 |
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Economic Research-Ekonomska Istraživanja |
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30 |
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31 |
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54 |
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