Title: A novel comprehensive evaluation method for science and technology insurance under internet environment

Authors: Zhiming Zeng; Weijun Xu; Xuemei Wang

Addresses: School of Business Administration, South China University of Technology, Guangzhou, 510006, China; Guangxi University, Nanning, 530004, China ' School of Business Administration, South China University of Technology, Guangzhou, 510006, China; Guangzhou Financial Service Innovation and Risk Management Research Base, Guangzhou, 510006, China ' School of Business Administration, South China University of Technology, Guangzhou, 510006, China

Abstract: Manufacturing industry plays an important role in the national economy. However, it is worth noting that scientific and technological innovation in manufacturing industry is accompanied by risks. One of the important ways to solve technological risks is science and technology insurance. In this paper, we first analyse the development status of science and technology insurance in China, and then establish an index evaluation system by using the analytic hierarchy process (AHP) and the fuzzy comprehensive evaluation method. The index evaluation system includes three layers and selects 24 indicators, which can help the insurance companies to scientifically and quantitatively evaluate high-tech manufacturing companies. It also can avoid subjective and difficult-to-quantify problems in the past evaluation process. Finally, an empirical study is showed to explain how to quantify these indicators and how to calculate the weight coefficient values for each indicator. Our findings can provide relevant countermeasures and suggestions for insurance companies, high-tech manufacturing companies, and governments.

Keywords: science and technology insurance; intelligent manufacturing; analytic hierarchy process; AHP; fuzzy comprehensive evaluation; evaluation index system.

DOI: 10.1504/IJIMS.2020.107947

International Journal of Internet Manufacturing and Services, 2020 Vol.7 No.3, pp.237 - 251

Received: 03 Jul 2018
Accepted: 05 Nov 2018

Published online: 05 Apr 2020 *

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