Assessing Innovation Capability of Small and Medium-sized Enterprises Based on Analytic Hierarchy Process
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DOI: 10.23977/etemss.2018.1665
Author(s)
Rui Mu, Shengquan Xiao, Yufeng Zhang
Corresponding Author
Yufeng Zhang
ABSTRACT
In an increasing competing market, it is critical for small and medium-sized enterprises to transform into innovation-driven operation to secure a sustainable long-term development of their business. To carry out such transformation, it is necessary to objectively assess the innovation capability and understand the limiting factors. An evaluation model based on analytic hierarchy process is proposed, and tested with survey data of 10 manufacturing companies in Xiamen. The results show good consistency between the proposed model and other qualitative assessment, which sheds more light on the innovation process of enterprises, and would benefit both theoretical study and management of enterprises.
KEYWORDS
Innovation capability, Analytic Hierarchy Process, Small and medium-sized enterprises