Evaluating the effects of innovation policies on Taiwan's IC design industry: a fuzzy integral MCDM approach

Abstract

The aim of this paper is to develop a 'technological system' for evaluating the effects of innovation policies. Limited resources, coupled with seemingly unlimited demand for development, means that policies must be made regarding the allocation of scarce resources. The significance of evaluating the effects of innovation policies is therefore increasing. A hierarchical fuzzy integral multi-criteria decision making (fuzzy integral MCDM) approach for evaluating the effects of innovation policies is proposed in this paper. To show the practicality and usefulness of this approach, a case involving the Taiwan Integrated Circuit (IC) design industry is demonstrated. The results show that the 'political' policy tool is the most effective. Environment side policies and scientific and technical development policies are vital to Taiwan's IC design industry. This demonstration also shows that the proposed model is valid.