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An Application of a Hybrid MCDM Method for the Evaluation of Entrepreneurial Intensity among the SMEs: A Case Study
Joint Authors
Ismail, Kamariah
Bodaghi Khajeh Noubar, Hossein
Rostamzadeh, Reza
Source
Issue
Vol. 2014, Issue 2014 (31 Dec. 2014), pp.1-16, 16 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2014-08-10
Country of Publication
Egypt
No. of Pages
16
Main Subjects
Medicine
Information Technology and Computer Science
Abstract EN
This study presents one of the first attempts to focus on critical success factors influencing the entrepreneurial intensity of Malaysian small and medium sized enterprises (SMEs) as they attempt to expand internationally.
The aim of this paper is to evaluate and prioritize the entrepreneurial intensity among the SMEs using multicriteria decision (MCDM) techniques.
In this research FAHP is used for finding the weights of criteria and subcriteria.
Then for the final ranking of the companies, VIKOR (in Serbian: VlseKriterijumska Optimizacija I Kompromisno Resenje) method was used.
Also, as an additional tool, TOPSIS technique, is used to see the differences of two methods applied over the same data.
5 main criteria and 14 subcriteria were developed and implemented in the real-world cases.
As the results showed, two ranking methods provided different ranking.
Furthermore, the final findings of the research based on VIKOR and TOPSIS indicated that the firms A3 and A4 received the first rank, respectively.
In addition, the firm A4 was known as the most entrepreneurial company.
This research has been done in the manufacturing sector, but it could be also extended to the service sector for measurement.
American Psychological Association (APA)
Rostamzadeh, Reza& Ismail, Kamariah& Bodaghi Khajeh Noubar, Hossein. 2014. An Application of a Hybrid MCDM Method for the Evaluation of Entrepreneurial Intensity among the SMEs: A Case Study. The Scientific World Journal،Vol. 2014, no. 2014, pp.1-16.
https://search.emarefa.net/detail/BIM-1050684
Modern Language Association (MLA)
Rostamzadeh, Reza…[et al.]. An Application of a Hybrid MCDM Method for the Evaluation of Entrepreneurial Intensity among the SMEs: A Case Study. The Scientific World Journal No. 2014 (2014), pp.1-16.
https://search.emarefa.net/detail/BIM-1050684
American Medical Association (AMA)
Rostamzadeh, Reza& Ismail, Kamariah& Bodaghi Khajeh Noubar, Hossein. An Application of a Hybrid MCDM Method for the Evaluation of Entrepreneurial Intensity among the SMEs: A Case Study. The Scientific World Journal. 2014. Vol. 2014, no. 2014, pp.1-16.
https://search.emarefa.net/detail/BIM-1050684
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1050684