DocumentCode
2217033
Title
The Research on Risk Analysis for Technology Innovation Based on Simulation and the Theory of Variable Weight
Author
Shuang-chen, Li ; Yu-mei, Yang
Author_Institution
Dept. of Econ. & Manage., North China Electr. Power Univ., Baoding
Volume
2
fYear
2008
fDate
19-21 Dec. 2008
Firstpage
279
Lastpage
284
Abstract
A new quantified model of evaluating the economic risk of technology innovation project which based on Monte Carlo simulation technology has been proposed in this paper. That is use three point which are maximum possible value, minimum possible value and the most possible value to estimate the risk variable. Using AHP method, variable weight of delivered and extended risk to determine the weight of each risk factor in the model objectively, and verifying the method validity by example. The result denote the model can be effective to evaluate the technology innovation risks.
Keywords
Monte Carlo methods; decision making; industrial economics; innovation management; risk analysis; technology management; AHP; Monte Carlo simulation technology; economic risk analysis; technology innovation project; Analytical models; Industrial engineering; Information management; Innovation management; Integrated circuit modeling; Power generation economics; Risk analysis; Risk management; Technological innovation; Technology management; monte carlo simulation; risk; technology innovation; variable weight;
fLanguage
English
Publisher
ieee
Conference_Titel
Information Management, Innovation Management and Industrial Engineering, 2008. ICIII '08. International Conference on
Conference_Location
Taipei
Print_ISBN
978-0-7695-3435-0
Type
conf
DOI
10.1109/ICIII.2008.89
Filename
4737647
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