Advanced public transport system (APTS) technologies have received much attention from industry researchers in recent years for their evident importance to economic growth. The development of critical APTS technology, such as the contact-less smart card (CSC), in newly industrialized areas receives its impetus from the experience of developed countries. The evaluation of technology sourcing with a higher growth potential in CSC technology has become a critical issue for Taiwanese firms. However, past research rarely emphasized it. This paper utilizes the grey statistical method with survey techniques and the analytic hierarchy process to develop an integrated evaluation model for solving the technology-sourcing problem. An empirical case of the CSC technology sourcing in Taiwan was chosen to demonstrate the application of the proposed model on this issue. The research results suggest that the application of the model provides a sensible path for company policy makers to effectively cope with the technology-sourcing evaluation problem.

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Technology selection is widely recognized for its increasing importance in the field of technology management. Different from previous work that only used a single evaluation method, this study uses the grey statistics method with survey techniques and scenario approach to develop a three‐stage model for the technology selection issue. An empirical case of the Advanced Traveler Information System (ATIS) technology selection in Taiwan was chosen to illustrate the application of this model on the technology selection problem. The results indicate that GPS/GIS technology is the preferred ATIS technology developed in Taiwan. The application of the model provides an avenue for government policy makers and researchers to deal effectively with the technology selection issue.

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