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Journal of the National Research University Higher School of Economics

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SSN 1995-459X print
E-ISSN 2312-9972 online
ISSN 2500-2597 online English

Editor-in-chief
Leonid Gokhberg




Katarzyna Halicka 1
  • 1 Bialystok University of Technology, Poland, 45A, Wiejska Street, 15-351 Bialystok, Poland

Technology Selection Using the TOPSIS Method

2020. Vol. 14. No. 1. P. 85–96 [issue contents]
Innovative technologies are increasingly determining the competitive advantage of enterprises. They also form the basis for modern manufacturing processes, enabling them to meet the needs of society. Awareness of the need for technological development has become widespread, which has been confirmed by international and national programs, scientific and research activities, as well as emerging institutions. Considering the increasing demand for innovative technologies and the developed market, it appears important to use specific methods and tools for the effective analysis and selection of technologies. This paper presents a proposal to use multi-attribute decision-making methods during technology assessment and selection. The proposed concept combines an S-life-cycle analysis (S-LCA), which determines the performance of a technology, the method of Technology Readiness Levels (TRL), which examines the technological maturity, and the TOPSIS method, which allows for developing a technology ranking. To verify this approach, the example of a ranking and selection of the best road technology in Poland is presented, considering the proposed set of criteria and sub-criteria. In the technology assessment, the criteria for innovation, competitiveness, and usefulness of this technology were used in addition to S-LSA and TRL methods.
Citation: Halicka K. (2020) Technology Selection Using the TOPSIS Method. Foresight and STI Governance, vol. 14, no 1, pp. 85–96. DOI: 10.17323/2500-2597.2020.1.85.96
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