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External R&D Supplier Evaluation and Selection: A Three-Stage Integrated Funnel Model by Yifan Shao; David Barnes; Chong Wu is a Business, Management and Accounting article available to read on EtoBox.

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Rapidly changing market demand has seen more and more companies pay attention to external R&D, to make full use of external resources, improve competitiveness, and promote innovation. The suitability of external R&D suppliers directly impacts the success of R&D. However, existing research in this topic has limitations. First, few existing studies have examined the evaluation and selection of external R&D suppliers, quantitatively. Second, there are few studies on the evaluation of effectiveness of R&D suppliers from the perspective of customer demand. Third, the evaluation of prototypes involves heterogeneous data for different technical criteria. As yet, there is no specific suitable model. To bridge abovementioned gaps, this article proposes a comprehensive three-stage integrated funnel model for external R&D supplier evaluation and selection. Specifically, it evaluates the effectiveness of suppliers from the perspective of customer demand and improves the nonradial superefficiency Pythagorean fuzzy DEA methodology. In addition, it proposes a novel fuzzy MA-VIKOR submodel based on heterogeneous data, which can evaluate suppliers from two perspectives: group utility and individual

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Author

Yifan Shao; David Barnes; Chong Wu

Publisher

Institute of Electrical and Electronics Engineers (IEEE)

Published

2024

Language

EN

Field

Business, Management and Accounting (Social Sciences)