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Journals / Gazi University Journal of Science Part A: Engineering and Innovation / 2026 / Volume: 11 Issue: 3

A Hybrid MADM Approach Based on Simple Additive Weighting and TOPSIS: An Application on Comparison of Innovation Performances of the EU Countries

Furkan Göktaş(Karabük Üniversitesi)0000-0001-9291-3912
Pages
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Publication Date
2024-09-30
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

In contrast, Romania, Bulgaria, and Latvia are in the last three ranks.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This study aims to objectively compare the long-term innovation performances of the EU countries.
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Key Findings & Data:Using the Summary Innovation Index (SII) data for the 2016-2023 period, CST reveals that Sweden, Denmark, and the Netherlands are in the first three ranks.
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Conclusion & Impact:In contrast, Romania, Bulgaria, and Latvia are in the last three ranks.
🔬Design:Research Article
📍Scope:2016-2023 Verileri
⚙️Variables:Convex Optimization · Innovation · Multi-Attribute Decision-Making

Abstract

This study aims to objectively compare the long-term innovation performances of the EU countries. In this context, we propose a hybrid multi-attribute decision-making (MADM) approach combining Simple Additive Weighting (SAW) and TOPSIS. The proposed approach (CST) uses the alternatives’ quadratic utility functions considering the weighted sum value and distance to the positive ideal solution. It also uniquely determines the criteria weight vector using a strictly concave maximization problem. Using the Summary Innovation Index (SII) data for the 2016-2023 period, CST reveals that Sweden, Denmark, and the Netherlands are in the first three ranks. In contrast, Romania, Bulgaria, and Latvia are in the last three ranks.

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Cite This Article

Göktaş, F. (2024). A Hybrid MADM Approach Based on Simple Additive Weighting and TOPSIS: An Application on Comparison of Innovation Performances of the EU Countries. Gazi University Journal of Science Part A: Engineering and Innovation, Volume: 11 Issue: 3. https://doi.org/10.54287/gujsa.1474940

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