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International Journal of Mathematics and Mathematical Sciences
Volume 2014, Article ID 125950, 7 pages
http://dx.doi.org/10.1155/2014/125950
Research Article

Explicit Design of Innovation Performance Metrics by Using Analytic Hierarchy Process Expansion

W. Sycip Graduate School of Business, Asian Institute of Management, 123 Paseo de Roxas, 1229 Makati, Philippines

Received 4 February 2014; Accepted 27 March 2014; Published 14 May 2014

Academic Editor: Michael M. Tom

Copyright © 2014 Song-Kyoo Kim. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract

The paper presents the explicit and objective measurement method for innovation performances by using the extensive version of Analytic Hierarchy Process (AHP). A hierarchical framework is constructed for the innovation performance criteria and giving the guideline for innovation performance of companies. By applying AHP Expansion framework, the innovation performance measurement factors can be prioritized and descending-order rank list of the performance factors can be made in order to select the best strategies to improve the innovativeness of companies. This new framework of innovation measurement is targeted for implementation at the actual analysis for innovation competitiveness of companies and expected to provide the milestones of measuring the innovation more effectively.