Science, Technology and Innovation Policy Indicators and Comparisons of Countries through a Hybrid Model of Data Mining and MCDM Methods
Open Access
- 12 January 2021
- journal article
- research article
- Published by MDPI AG in Sustainability
- Vol. 13 (2) , 694
Abstract
Science, technology and innovation (STI) policies are of great importance for countries to reach their sustainable development goals. Numerous global databases have many indicators that measure and compare the performance of STI policies of countries. However, many problems arise regarding how to identify, classify and systematically analyze these indicators in order to measure, monitor and improve the performance of STI. The study includes a literature review on global problems and new trends in STI policies, while mentioning the necessity of an internationally comparable STI indicator set, current STI indicator studies and efforts, and studies for each continent. In light of these, all the indicators selected are introduced in detail. The strengths and weaknesses of the countries in the study in terms of evaluation indicator values are indicated. After determining the indicator weights objectively with the entropy method, 40 countries are compared with TOPSIS, VIKOR, PROMETHEE I-II, ARAS, COPRAS, MULTIMOORA, ELECTRE, SAW and MAUT methods. In addition, countries that show similarities with each other are evaluated by cluster analysis, which is one of the data mining classification methods. This study offers a new and original approach with MCDM methods on this subject. Considering all the results obtained in the study together, these rankings are compared among themselves and with the rankings specified in the Global Innovation (2019) and Global Competitiveness (2019) indices, and it is seen that the results are consistent. In addition, it is possible to update and publish this study every year with updated data.Keywords
This publication has 39 references indexed in Scilit:
- A fuzzy VIKOR method for supplier selection based on entropy measure for objective weightingExpert Systems with Applications, 2011
- MULTIMOORA OPTIMIZATION USED TO DECIDE ON A BANK LOAN TO BUY PROPERTYTechnological and Economic Development of Economy, 2011
- EVALUATING SITUATION OF LITHUANIA IN THE EUROPEAN UNION: STRUCTURAL INDICATORS AND MULTIMOORA METHOD / LIETUVOS SITUACIJOS EUROPOS SĄJUNGOJE ĮVERTINIMAS: STRUKTŪRINIAI RODIKLIAI IR MULTIMOORA METODASTechnological and Economic Development of Economy, 2010
- A NEW ADDITIVE RATIO ASSESSMENT (ARAS) METHOD IN MULTICRITERIA DECISION‐MAKING / NAUJAS ADITYVINIS KRITERIJŲ SANTYKIŲ ĮVERTINIMO METODAS (ARAS) DAUGIAKRITERINIAMS UŽDAVINIAMS SPRĘSTITechnological and Economic Development of Economy, 2010
- ROBUSTNESS OF THE MULTI‐OBJECTIVE MOORA METHOD WITH A TEST FOR THE FACILITIES SECTORTechnological and Economic Development of Economy, 2009
- Use of multicriteria decision analysis methods for energy planning problemsRenewable and Sustainable Energy Reviews, 2007
- Combining decision tree and MAUT for selecting a country for a global manufacturing facilityOmega, 2007
- A Problem‐based Selection of Multi‐attribute Decision‐making MethodsInternational Transactions in Operational Research, 2002
- TOPSIS for MODMEuropean Journal of Operational Research, 1994
- Geometrical representations for MCDAEuropean Journal of Operational Research, 1988