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dc.title | Selecting start-up businesses in a public venture capital with intuitionistic fuzzy TOPSIS | en |
dc.contributor.author | Afful-Dadzie, Eric | |
dc.contributor.author | Komínková Oplatková, Zuzana | |
dc.contributor.author | Nabareseh, Stephen | |
dc.contributor.author | Šenkeřík, Roman | |
dc.relation.ispartof | World Congress on Engineering and Computer Science (WCECS 2015), Vol 1 | |
dc.identifier.issn | 2078-0958 Scopus Sources, Sherpa/RoMEO, JCR | |
dc.identifier.isbn | 978-988-19253-6-7 | |
dc.date.issued | 2015 | |
dc.citation.spage | 471 | |
dc.citation.epage | 476 | |
dc.event.title | World Congress on Engineering and Computer Science | |
dc.event.location | San Francisco, CA | |
utb.event.state-en | United States | |
utb.event.state-cs | Spojené státy americké | |
dc.event.sdate | 2015-10-21 | |
dc.event.edate | 2015-10-23 | |
dc.type | conferenceObject | |
dc.language.iso | en | |
dc.publisher | International Association of Engineers (IAENG) | |
dc.relation.uri | http://www.iaeng.org/publication/WCECS2015/ | |
dc.subject | Public Venture Capital | en |
dc.subject | Start-Up companies | en |
dc.subject | Intuitionistic fuzzy sets | en |
dc.subject | Fuzzy MCDM | en |
dc.subject | IFWA aggregator | en |
dc.description.abstract | Government-run public venture capital (GPVC), especially in developing countries is often beset with challenges compared to private venture capital initiatives. In particular, selection of early stage but high-potential start-ups in GPVCs often fail rigorous scrutiny because decisions are sometimes influenced by peripheral considerations of political and social affiliations. This phenomenon results in low capital recovery rate and a mischance in choosing deserving start-ups. With a numerical example, this paper adopts an intuitionistic fuzzy TOPSIS framework to demonstrate the selection of start-up businesses in a government high priority area such as in Information and Communications Technology. The Intuitionistic Fuzzy Weighted Averaging (IFWA) Operator is used to aggregate individual ratings into composite group decisions. The framework could serve as a useful tool for decision makers to scrutinize selection of start-ups in other government priority areas. | en |
utb.faculty | Faculty of Applied Informatics | |
utb.faculty | Faculty of Management and Economics | |
dc.identifier.uri | http://hdl.handle.net/10563/1006687 | |
utb.identifier.obdid | 43874514 | |
utb.identifier.scopus | 2-s2.0-84992562539 | |
utb.identifier.wok | 000380591600090 | |
utb.source | d-wok | |
dc.date.accessioned | 2016-10-25T12:38:05Z | |
dc.date.available | 2016-10-25T12:38:05Z | |
utb.contributor.internalauthor | Afful-Dadzie, Eric | |
utb.contributor.internalauthor | Komínková Oplatková, Zuzana | |
utb.contributor.internalauthor | Nabareseh, Stephen | |
utb.contributor.internalauthor | Šenkeřík, Roman | |
utb.fulltext.affiliation | Eric Afful-Dadzie, Zuzana Komínková Oplatková, Stephen Nabareseh and Roman Šenkeřík Eric Afful-Dadzie is with the Faculty of Applied Informatics, Tomas Bata University in Zlin, T.G Masaryka 5555, 760 01, Zlin - Czech Republic (phone: +420777546790; fax: +42057-603-5279; e-mail: afful@fai.utb.cz). Zuzana Komínková Oplatková is with the Faculty of Applied Informatics, Tomas Bata University in Zlin, T.G Masaryka 5555, 760 01, Zlin - Czech Republic (e-mail: kominkovaoplatkova@fai.utb.cz). Stephen Nabareseh is with the Faculty of Management and Economics, Tomas Bata University, T.G Masaryka 5555, 760 01, Zlin - Czech Republic (e-mail: nabareseh@fame.utb.cz). Roman Šenkeřík is with the Faculty of Applied Informatics, Tomas Bata University in Zlin, T.G Masaryka 5555, 760 01, Zlin - Czech Republic (e-mail senkerik@fai.utb.cz). | |
utb.fulltext.references | Manuscript received June 11, 2015; revised July 01, 2015 | |
utb.fulltext.sponsorship | This work was supported by Grant Agency of the Czech Republic-GACR P103/15/06700S, further by financial support of research project NPU I No. MSMT-7778/2014 by the Ministry of Education of the Czech Republic and also by the European Regional Development Fund under the Project CEBIA-Tech No. CZ.1.05/2.1.00/03.0089. Further, this work was supported by Internal Grant Agency of Tomas Bata University under the project Nos. IGA/FAI/2015/054, IGA/FaME/2014/007 and IGA/FaME/2015/023. |