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Application of the fuzzy optimal model in the selection of the startup hub

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  • Zhu, Xinman
  • Dai, Jie
  • Wei, Haoran
  • Yang, Debing
  • Huang, Weilun
  • Yu, Zhang

Abstract

This paper integrates nominal group technique (NGT), analytical hierarchy process (AHP), and fuzzy technique for order preference by similarity to an ideal solution (TOPSIS) approach, and a case study has been used to demonstrate the fuzzy optimal selection model. From a literature review on the startup hub and the interviews conducted with officials and experts, the selection criteria are (1) convenience - promoted by the city's entrepreneurial policies or its traffic infrastructure; (2) potentiality - promoted by a regional network or value chain of startups. Lastly, the best idle land resulted in this case study with equal decision-making power using the fuzzy method is Taipei Jianguo Brewery, and the difference of decision-making power might make the best idle land to be Wanbao Textile Factory.

Suggested Citation

  • Zhu, Xinman & Dai, Jie & Wei, Haoran & Yang, Debing & Huang, Weilun & Yu, Zhang, 2021. "Application of the fuzzy optimal model in the selection of the startup hub," LSE Research Online Documents on Economics 114999, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:114999
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    More about this item

    JEL classification:

    • J1 - Labor and Demographic Economics - - Demographic Economics
    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General

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