Strategic project portfolio selection for national research institutes

Jeng, Don Jyh‐Fu; Huang, Ke

doi:10.1016/j.jbusres.2015.06.016

Cited by 71 publications

(35 citation statements)

References 21 publications

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“…There is disapproval in terms of its influence on other strategies. Unlike previous studies (e.g., [48]), this study shows the mutual influences between "differential and social factors" and "social and beneficial factors". In contrast, there is one convincing relation between "differential and beneficial factors".…”

Section: Conclusion Boundaries and Future Directioncontrasting

confidence: 84%

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A Hybrid MCDM Approach for Strategic Project Portfolio Selection of Agro By-Products

Debnath¹,

Roy

Kar

et al. 2017

Sustainability

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Due to the increasing size of the population, society faces several challenges for sustainable and adequate agricultural production, quality, distribution, and food safety in the strategic project portfolio selection (SPPS). The initial adaptation of strategic portfolio management of genetically modified (GM) Agro by-products (Ab-Ps) is a huge challenge in terms of processing the agro food product supply-chain practices in an environmentally nonthreatening way. As a solution to the challenges, the socio-economic characteristics for SPPS of GM food purchasing scenarios are studied. Evaluation and selection of the GM agro portfolio management are the dynamic issues due to physical and immaterial criteria involving a hybrid multiple criteria decision making (MCDM) approach, combining modified grey Decision-Making Trial and Evaluation Laboratory (DEMATEL), Multi-Attributive Border Approximation area Comparison (MABAC) and sensitivity analysis. Evaluation criteria are grouped into social, differential and beneficial clusters, and the modified DEMATEL procedure is used to derive the criteria weights. The MABAC method is applied to rank the strategic project portfolios according to the aggregated preferences of decision makers (DMs). The usefulness of the proposed research framework is validated with a case study. The GM by-products are found to be the best portfolio. Moreover, this framework can unify the policies of agro technological improvement, corporate social responsibility (CSR) and agro export promotion.

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Section: Conclusion Boundaries and Future Directioncontrasting

confidence: 84%

“…Jeng and Huang [48] DEMATEL, ANP Strategic project portfolio selection for national research institutes.…”

Section: Jiang Et Al [39] Ahpmentioning

confidence: 99%

A Hybrid MCDM Approach for Strategic Project Portfolio Selection of Agro By-Products

Debnath¹,

Roy

Kar

et al. 2017

Sustainability

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“…Based on BOCR literature, we recruited one representative expert opinion from each of the national museums in Taiwan. In total, fifteen museum curators were selected (Tsai and Chang ; Jeng and Huang ; Chang and Tsai ; Huang et al. ).…”

Section: Business Strategy Model and Analytical Methodsmentioning

confidence: 99%

“…It can illustrate the cause–effect relationship among criteria while measuring a problem (Chiu et al. ; Jeng and Huang ; Lu et al. ).…”

Section: Constructing the Evaluation Model And Defining The Criteria mentioning

confidence: 99%

Creating a Business Strategy Evaluation Model for National Museums Based on the Views of Curators

Tsai¹,

Lin²

2016

Curator The Museum Journal

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The aim of this study is to find the critical factors that influence Taiwan's national museum business performance based on its curators' views. The study explored the causal relationships among the criteria that emerged in the study and of each sub-criteria. Since developing a business strategy is a multiple-criteria decision-making (MCDM) problem, this study adopted the causal-effect model of decisionmaking trial and evaluation laboratory (DEMATEL) technique. The DEMATEL technique simplifies and visualizes the interrelationships among decision-making criteria. The study identified four core criteriabenefits, opportunity, costs, and risks, as key influencers in the national museum business performance.Each key criteria was supported by a set of sub-criteria which, when considered together, produced an influential network relations map. The results of this study provided Taiwan's national museum curators with an idea-based understanding of how to create business and marketing strategies that could enhance exhibition features, experience activities, and facilities that could be linked to satisfaction of visitors' desires and offer a potentials strategy for assessing likelihood of return visits.

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“…An appropriate strategic project will help high-end equipment manufacturing enterprises expand market shares, increase market profits, improve market reputation to achieve long term and stable competitiveness. However, the problem of selecting a strategic project is not easy in practice [4][5]. Many complex factors should be considered in the process of solving this problem such as the ability to conform the policies of the nation and the industry, market potential, market profitability, the maturity of design and manufacturing technology, human resources and capital resource (See Section 2).…”

Section: Introductionmentioning

confidence: 99%

Strategic project selection based on evidential reasoning approach for high-end equipment manufacturing industry

et al. 2017

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Abstract. With the rapid development of science and technology, emerging information technologies have significantly changed the daily life of people. In such context, strategic project selection for high-end equipment manufacturing industries faces more and more complexities and uncertainties with the consideration of several complex criteria. For example, a group of experts rather than a single expert should be invited to select strategic project for high-end equipment manufacturing industries and the experts may feel difficulty to express their preferences towards different strategic projects due to their limited cognitive capabilities. In order to handle these complexities and uncertainties, the criteria framework of strategic project selection is firstly constructed based on the characteristics of high-end equipment manufacturing industries and then evidential reasoning (ER) approach is introduced in this paper to help experts express their uncertain preferences and aggregate these preferences to generate an appropriate strategic project. A real case of strategic project selection in a high-speed train manufacturing enterprise is investigated to demonstrate the validity of the ER approach in solving strategic project selection problem.

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Strategic project portfolio selection for national research institutes

Cited by 71 publications

References 21 publications

A Hybrid MCDM Approach for Strategic Project Portfolio Selection of Agro By-Products

A Hybrid MCDM Approach for Strategic Project Portfolio Selection of Agro By-Products

Creating a Business Strategy Evaluation Model for National Museums Based on the Views of Curators

Strategic project selection based on evidential reasoning approach for high-end equipment manufacturing industry

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