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Management Science Letters

ISSN 1923-9343 (Online) - ISSN 1923-9335 (Print)
Quarterly Publication
Volume 2 Issue 4 pp. 1385-1396 , 2012

Utilizing TOPSIS intensified with adjustment similarity factor to determine price of technology Pages 1385-1396 Right click to download the paper Download PDF

Authors: Arnoosh Shakeri, Mohammad Ali Shafia, Seyed Mohammad Seyedhosseini

DOI: 10.5267/j.msl.2012.02.080

Keywords: TOPSIS, Factor Analysis, Technology Pricing, Adjustment Factor

Abstract: Technology transfer has been a very frequent activity in the industrial world nowadays. Technology valuation, and in particular technology pricing, has played a considerable role in these transactions, in spite of a huge amount of limitations in the pricing methodologies applied. Making a sound, traceable and reliable means for applying the price evaluation procedure, seems as a technological requirement to be traced for. The objective of delivering this paper is to introduce a new numerical technology pricing method to provide the two transacting parties a unique compromised price. A three-dimensional model for technology pricing is proposed and The TOPSPS algorithm has been utilized to select the most similar technologies to the intended one and the constructed scoring system is applied to calculate the final technology price accordingly.

How to cite this paper
Shakeri, A., Shafia, M & Seyedhosseini, S. (2012). Utilizing TOPSIS intensified with adjustment similarity factor to determine price of technology.Management Science Letters , 2(4), 1385-1396.

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Journal: Management Science Letters | Year: 2012 | Volume: 2 | Issue: 4 | Views: 2041 | Reviews: 0

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