Technology selection is widely recognized for its increasing importance in the field of technology management. Different from previous work that only used a single evaluation method, this study uses the grey statistics method with survey techniques and scenario approach to develop a three-stage model for the technology selection issue. An empirical case of the Advanced Traveler Information System (ATIS) technology selection in Taiwan was chosen to illustrate the application of this model on the technology selection problem. The results indicate that GPS/GIS technology is the preferred ATIS technology developed in Taiwan. The application of the model provides an avenue for government policy makers and researchers to deal effectively with the technology selection issue.
All Science Journal Classification (ASJC) codes
- Business and International Management
- Business, Management and Accounting(all)
- Strategy and Management
- Management of Technology and Innovation