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MCDM Methods: Alternative for Evaluation of Regional Innovation Performance

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F15%3A86094316" target="_blank" >RIV/61989100:27510/15:86094316 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    MCDM Methods: Alternative for Evaluation of Regional Innovation Performance

  • Original language description

    In a globalized world, innovation and entrepreneurship occupy an essential role for competitiveness and regional economic growth. To boost the productivity and to strengthen the competitiveness, fostering creativity and innovation of entrepreneurs is the principal challenge for regions. Regional innovation activities should create the conditions under which enterprises can stimulate and enhance their innovative performance. These activities include especially the ensuring an access to knowledge and financial support. As the regional level is important for economic development and for the design and implementation of innovation policies, it is important to have indicators to compare and benchmark innovation performance at the regional level. The quantitative evaluation of differences in the innovation performance and innovation environment is fundamental for policy makers to design and develop better policies especially innovation policy, regional policy, scientific and research policy, education policy, industrial policy etc. In the European Union, the discussion about the methods of evaluation and measurement of the innovation performance is topical issue. One possible method that provides statistical facts on regions&apos; innovation performance is the European Regional Innovation Scoreboard. In this paper, multicriteria decision making (MCDM) methods are used as an alternative approach to the quantitative evaluation of regional innovation performance. The aim of the paper is to evaluate the regional innovation performance in the Czech Republic in the years 2010 and 2012 by the selected MCDM methods (TOPSIS, VIKOR). The TOPSIS and VIKOR methods confirmed the significant differences in the innovation performance of NUTS 2 regions in the Czech Republic in the years 2010 and 2012. The highest differences existed between NUTS 2 regions CZ01 Praha and CZ04 Severozápad in both years.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50201 - Economic Theory

Result continuities

  • Project

    <a href="/en/project/EE2.3.20.0296" target="_blank" >EE2.3.20.0296: Research team for modelling of economic and financial processes at VSB-TU Ostrava</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

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

    Proceedings of the 10th European Conference on Innovation and Entrepreneurship

  • ISBN

    978-1-910810-50-7

  • ISSN

  • e-ISSN

    neuvedeno

  • Number of pages

    8

  • Pages from-to

    773-780

  • Publisher name

    Academic Conferences and Publishing International

  • Place of publication

    Reading

  • Event location

    Janov

  • Event date

    Sep 17, 2015

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article

    000371978800091