Abstract
Science, technology and innovation (STI) policies are of great importance for countries to reach their sustainable development goals. Numerous global databases have many indicators that measure and compare the performance of STI policies of countries. However, many problems arise regarding how to identify, classify and systematically analyze these indicators in order to measure, monitor and improve the performance of STI. The study includes a literature review on global problems and new trends in STI policies, while mentioning the necessity of an internationally comparable STI indicator set, current STI indicator studies and efforts, and studies for each continent. In light of these, all the indicators selected are introduced in detail. The strengths and weaknesses of the countries in the study in terms of evaluation indicator values are indicated. After determining the indicator weights objectively with the entropy method, 40 countries are compared with TOPSIS, VIKOR, PROMETHEE I-II, ARAS, COPRAS, MULTIMOORA, ELECTRE, SAW and MAUT methods. In addition, countries that show similarities with each other are evaluated by cluster analysis, which is one of the data mining classification methods. This study offers a new and original approach with MCDM methods on this subject. Considering all the results obtained in the study together, these rankings are compared among themselves and with the rankings specified in the Global Innovation (2019) and Global Competitiveness (2019) indices, and it is seen that the results are consistent. In addition, it is possible to update and publish this study every year with updated data.
Highlights
Developments in science and technology and strategies based on innovation have become the basic elements of productivity increase and competition at both country and company level
As a result of entropy calculations, while the criterion with the highest importance is the management criterion with a value of 14.583%, the dimensions that follow this dimension in order are the development of human capital: education (13.743%); financial and market sophistication (12.538%); economy (11.785%); R&D investment and research workforce (11.53%); energy, mining and green technology infrastructure (9.828%); information and communication technology (ICT) (7.775%); creative outputs (7.337%); institutions (7.32%); scientific publications and citations (3.561%)
While the article aims to demonstrate the current status of these countries, it aims to offer an integrated decision support framework in order to contribute to this field
Summary
Developments in science and technology and strategies based on innovation have become the basic elements of productivity increase and competition at both country and company level. Technology and innovation (STI) are very important for all countries because of their sustainable growth effect and solutions to the energy, food security and climate change. STI is a significant topic for both sustainable growth and the achievement of political goals. STI has been on the agenda of both developed countries and developing countries in recent years. Some of the main findings of the 2018 Industrial. R&D Investment Scoreboard, published by the European Commission on 17 December. 2018, are shown in Figure 1 [1].
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
