SELECTING TECHNOLOGY ACQUISITION STRATEGY THROUGH APPLYING PROMETHEE METHOD: AN INDUSTRIAL AUTOMATION EQUIPMENT MANUFACTURER

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SAFDARI RANJBAR MOSTAFA; MAHDAVI IRAJ; Cho Namjae; Tavakoli Gholam Reza

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Seminar Paper

Paper Information

Seminar: INTERNATIONAL CONFERENCE ON INDUSTRIAL ENGINEERING
Year:2017 | Issue:13

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Title

SELECTING TECHNOLOGY ACQUISITION STRATEGY THROUGH APPLYING PROMETHEE METHOD: AN INDUSTRIAL AUTOMATION EQUIPMENT MANUFACTURER

Author(s)

SAFDARI RANJBAR MOSTAFA | MAHDAVI IRAJ | Cho Namjae | Tavakoli Gholam Reza

Keywords

TECHNOLOGY STRATEGY

TECHNOLOGY ACQUISITION

PROMETHEE

INDUSTRIAL AUTOMATION INDUSTRY

QESHM VOLTAGE

Abstract

SELECTING THE PROPER ACQUISITION STRATEGY FOR NEEDED TECHNOLOGIES, IS ONE OF THE KEY STRATEGIC DECISIONS IN FORMULATING TECHNOLOGY STRATEGY FOR A COMPANY. THERE ARE A NUMBER OF FACTORS WERE FOUND TO BE INFLUENTIAL IN THE SELECTION OF TECHNOLOGY ACQUISITION STRATEGY. THIS PAPER DEALS WITH SELECTING TECHNOLOGY ACQUISITION STRATEGY AS A MULTIPLE CRITERIA DECISION MAKING (MCDM) PROBLEM. THE PROPOSED SOLUTION TO THE PROBLEM IN THIS PAPER IS THE PROMETHEE METHOD. IN THIS PAPER, AFTER DEPICTING TECHNOLOGY TREE FOR A GIVEN PRODUCT AND SELECTING A STRATEGIC TECHNOLOGY UNIT (STU), PROMETHEE METHOD WAS EMPLOYED FOR SELECTING THE BEST STRATEGY FOR ACQUIRING REQUIRED TECHNOLOGY BASED ON SEVERAL CRITERIA SUCH AS: COST, TIME, LEARNING, CURRENT CAPABILITY AND COMPETITIVE ADVANTAGE. A CASE OF AN INDUSTRIAL AUTOMATION EQUIPMENT MANUFACTURER NAMED GESHM VOLTAGE IS PRESENTED FOR THE ILLUSTRATION OF THE OUR PROPOSED APPROACH. THE PROPOSED APPROACH IS EXPECTED TO EFFECTIVELY HELP DECISION MAKING ON WHICH STRATEGY IS ADOPTED FOR ACQUISITION OF REQUIRED TECHNOLOGIES.

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APA: Copy

SAFDARI RANJBAR, MOSTAFA, MAHDAVI, IRAJ, Cho, Namjae, & Tavakoli, Gholam Reza. (2017). SELECTING TECHNOLOGY ACQUISITION STRATEGY THROUGH APPLYING PROMETHEE METHOD: AN INDUSTRIAL AUTOMATION EQUIPMENT MANUFACTURER. INTERNATIONAL CONFERENCE ON INDUSTRIAL ENGINEERING. SID. https://sid.ir/paper/937003/en

Vancouver: Copy

SAFDARI RANJBAR MOSTAFA, MAHDAVI IRAJ, Cho Namjae, Tavakoli Gholam Reza. SELECTING TECHNOLOGY ACQUISITION STRATEGY THROUGH APPLYING PROMETHEE METHOD: AN INDUSTRIAL AUTOMATION EQUIPMENT MANUFACTURER. 2017. Available from: https://sid.ir/paper/937003/en

IEEE: Copy

MOSTAFA SAFDARI RANJBAR, IRAJ MAHDAVI, Namjae Cho, and Gholam Reza Tavakoli, “SELECTING TECHNOLOGY ACQUISITION STRATEGY THROUGH APPLYING PROMETHEE METHOD: AN INDUSTRIAL AUTOMATION EQUIPMENT MANUFACTURER,” presented at the INTERNATIONAL CONFERENCE ON INDUSTRIAL ENGINEERING. 2017, [Online]. Available: https://sid.ir/paper/937003/en

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