Explicit design of innovation performance metrics by using analytic hierarchy process expansion

Abstract

The paper presents the explicit and objective measurement method for innovation performances by using the extensive version of Analytic Hierarchy Process (AHP). A hierarchical framework is constructed for the innovation performance criteria and giving the guideline for innovation performance of companies. By applying AHP Expansion framework, the innovation performance measurement factors can be prioritized and descending-order rank list of the performance factors can be made in order to select the best strategies to improve the innovativeness of companies. This new framework of innovation measurement is targeted for implementation at the actual analysis for innovation competitiveness of companies and expected to provide the milestones of measuring the innovation more effectively. © 2014 Song-Kyoo Kim.