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Innovar
Print version ISSN 0121-5051
Abstract
DO CARMO SILVA, Marcela; SIMOES GOMES, Carlos Francisco and DA COSTA JUNIOR, Castelar Lino. The use of TOPSIS for Ranking WIPO'S Innovation Indicators. Innovar [online]. 2019, vol.29, n.73, pp.133-147. ISSN 0121-5051. https://doi.org/10.15446/innovar.v29n73.78027.
The purpose of this study is to study African, Asian and Oceanic countries in the World Intellectual Property Organization (WIPO) ranking of innovation indicators by means of Multicriteria Decision Making (MCDM) analysis, as a support to the methodology applied by WIPO. The quantitative methodology used is the Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS). This paper includes a Pearson's correlation between the indicators. Results suggest a novelty to WIPO'S methodology using Topsis as a support for ranking countries, contributing to improve the methodology of innovation indicators by joining their qualitative and quantitative perspectives and principles.
Keywords : Multicriteria Decision Making; Global Innovation Indicators; innovation. TOPSIS; Pearson's Correlation.