A novel multi‐criteria decision‐making combining Decision Making Trial and Evaluation Laboratory technique for technology evaluation

Purpose – This study aims to propose a hybrid technology evaluation process integrating the Decision Making Trial and Evaluation Laboratory (DEMATEL) technique and the analytic network process (ANP) with novel MCDM method for the organic light emitting diode (OLED) technology evaluation. The DEMATEL is used to detect and build the complex network relationship map (NRM) among dimensions/criteria. The ANP is employed to conduct the dependence and feedback among criteria and to decide the relative weights of the criteria by super‐matrix. The combination of DEMATEL technique and ANP with novel MCDM method is used to perform for constructing a technology evaluation structure.Design/methodology/approach – This study proposes a hybrid approach integrating the DEMATEL and the ANP to construct a technology evaluation and decision‐making model for OLED. Taiwan is a research base in this study. This is for the purpose of offering an example as to how a technology firm or even a country can evaluate or position certa...

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