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Modelling the Innovation Performance of Chemical Firm Using Fuzzy Cognitive Maps

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F15%3A39899812" target="_blank" >RIV/00216275:25410/15:39899812 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Modelling the Innovation Performance of Chemical Firm Using Fuzzy Cognitive Maps

  • Original language description

    Uncertainty in relationships can be taken into account utilizing the fuzzy logic framework. Here, we show that innovation performance modelling can be effectively performed for chemical firms using fuzzy cognitive maps. Using real-world data, we demonstrate the evolving patterns of various scenarios. These simulations indicate a strong convergence of the main concepts (cooperation, innovation and sales). However, this can be attributed to various determinants. We also show that, respectively, internal and external knowledge acquisition and internal and government R&D intensity play important roles in innovation performance modelling. Here, we argue that an FCM with a hyperbolic tangent activation function realistically simulates the intrinsic characteristics of the innovation process. We show that firm and government R&D expenditures are important direct (and indirect) drivers of innovation (and sales). We also demonstrate that cooperation on innovation activity is the critical vehicle

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    IN - Informatics

  • OECD FORD branch

Result continuities

  • Project

    <a href="/en/project/GA14-02836S" target="_blank" >GA14-02836S: Modelling of knowledge spill-over effects in the context of regional and local development</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Others

  • Publication year

    2015

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Advances in Education Research. Vol. 85: Proceedings from ICEA 2015

  • ISBN

    978-1-61275-118-4

  • ISSN

    2160-1070

  • e-ISSN

  • Number of pages

    5

  • Pages from-to

    112-116

  • Publisher name

    Information Engineering Research Institute

  • Place of publication

    Bellflower

  • Event location

    Tokio

  • Event date

    Nov 28, 2015

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article