Integration of Fuzzy AHP and TOPSIS for Assessing the Intellectual Capital Capability in Tire Industry

Elham Ebrahimi, Hossein Janatifar


Managing the intangible assets like Intellectual capital (IC) has been widely considered as a fundamental tool to gain and maintain competitive advantage. According to this, the present study proposes a multiple criteria approach to rank companies based on their IC capability. We use fuzzy AHP method to determine the weights of the criteria. The companies are then ranked according to IC capability indicators by TOPSIS method.

Full Text:



Abeysekera, I., & Guthrie, J. (2004). Human capital reporting in a developing nation. The British Accounting Review, 36, 251–268.

Baxter, R., & Matear, S. (2004). Measuring intangible value in business-to-business buyer–seller relationships: An intellectual capital perspective. Industrial Marketing Management, 33, 491– 500.

Bontis, N. (1998). Intellectual capital: An exploratory study develops measures and model. Management Decision, 36(2), 63–76.

Bontis, N., Keow, W. C., & Richardson, S. (2000). Intellectual capital and business performance in Malaysian industries. Journal of Intellectual Capital, 1(1), 85 - 100.

Bozbura, F. T. (2004). Measurement and application of intellectual capital in Turkey. The Learning Organization, 11(4), 357 - 367.

Bozbura, F. T., Beskese, A., & Kahraman, C. (2007). Prioritization of human capital measurement indicators using fuzzy AHP. Expert Systems with Applications, 32, 1100–1112.

Bozbura, F., & Beskese, A. (2007). Prioritization of organizational capital measurement indicators using fuzzy AHP. International Journal of Approximate Reasoning, 44, 124–147.

Bozzolan, S., Favotto, F., & Recceri, F. (2003). Italian intellectual capital disclosure: an empirical analysis. Journal of Intellectual Capital, 4(4), 543–558.

Bukh, P., Larsen, H., & Mouritsen, J. (2001). Constructing intellectual capital statements. Scandinavian Journal of Management, 17(1), 87–108.

Buckley, JJ .(1985). Fuzzy hierarchical analysis. Fuzzy Sets Syst 17:233–247.

Calabrese, A., Costa, R., & Menichini, T. (2013). Using Fuzzy AHP to manage Intellectual Capital assets: An application to the ICT service industry. Expert Systems with Applications, 40, 3747–3755.

Campbell, D., & Abdul Rahman, M. (2010). A longitudinal examination of intellectual capital reporting in Marks & Spencer annual reports, 1978–2008. The British Accounting Review, 42, 56–70.

Chang, DY .(1996). Applications of the extent analysis method on fuzzy AHP. European Journal of Operational Research, 95:649–655.

Deng, H .(1999). Multicriteria analysis with fuzzy pair-wise comparison. Int J Approx Reason 21:215–231.

Dong, Q., & Gao, C. (2012). Knowledge Engineering, Intellectual Capital of Creative Industry Park Based on Multi-objective Decision-Making and Entropy Methods. Systems Engineering Procedia, 3, 326 – 332.

Edvinsson, L., & Malone, S. (1997). Intellectual capital: Realizing your firm’s true value by finding its hidden brainpower. New York: Harper Collins Publishers.

Edvinsson, L., & Sullivan, P. (1996). Developing a model for managing intellectual capital. European Management Journal, 14(4), 356–364.

Guthrie, J., Petty, R., Yongvanich, K., & Ricceri, F. (2004). Using content analysis as a research method to inquire into intellectual capital reporting. Journal of Intellectual Capital, 5(2), 282-293.

Hwang, .C.L and Yoon, K. (1981). Multiple Attributes Decision Making Methods and Applications, spring, New York.

Kahraman, C., Cebeci, U., Ulukan, Z. (2003). Multi-criteria supplier selection using fuzzy AHP. Logist Inf Manag 16(6):382–394.

Karsak, E. E. (2002). Distance-based fuzzy MCDM approach for evaluating flexible manufacturing system alternatives. International Journal of Production Research 40(13), 3167–3181.

Kaufmann, A., and Gupta, M. M. (1988). Fuzzy mathematical models in engineering and management science. Amsterdam: North-Holland.

Lee, S.-H. (2010). Using fuzzy AHP to develop intellectual capital evaluation model for assessing their performance contribution in a university. Expert Systems with Applications, 37, 4941–4947.

Liebowitz, J., & Wright, K. (1999). Does measuring knowledge make cent? Expert System with Application, 17(2), 99–103.

Mehralian, G., Rasekh, H., Akhavan, P., & Ghatari, A. (2013). Prioritization of intellectual capital indicators in knowledge-based industries:Evidence from pharmaceutical industry. International Journal of Information Management, 33, 209– 216.

Opricovic. S and Tzeng. G.H. (2003). Compromise solution by MCDM methods: a comparative analysis of VIKOR and TOPSIS, European Journal of Operational Research 156 (2) ,pp. 445–455.

Roos, J., Roos, G., Dragonetti, N., & Edvinsson, L. (1997). Intellectual Capital: Navigating in the New Businss Landscape. Basingstoke: Macmillan.

Saaty, T. L. (1980). The analytic hierarchy process. New York: McGraw- Hill.

Shih, K.-H., Liu, Y.-T., Jones, C., & Lin, B. (2010). The indicators of human capital for financial institutions. Expert Systems with Applications, 37, 1503–1509.

Stewart, T. (1997). Intellectual Capital: The New Wealth of Organizations. London: Nicholas Brealey.

Suraj, O. A., & Bontis, N. (2012). Managing intellectual capital in Nigerian telecommunications companies. Journal of Intellectual Capital, 13(2), 262 - 282.

Tai, W.-S., & Chen, C.-T. (2009). A new evaluation model for intellectual capital based on computing with linguistic variable. Expert Systems with Applications, 36, 3483–3488.

Vaidya, OS, Kumar, S .(2006). Analytic hierarchy process: an overview of applications. European Journal of Operational Research, 169:1–29.

Wang, YJ, Lee, HS. (2007). Generalizing TOPSIS for fuzzy multicriteria group decision making. Comput Math Appl 53:1762–1772.

Zadeh, L. A. (1975). The concept of a linguistic variable and its application to approximate reasoning-I. Information Sciences, 8(3), 199–249.

Zadeh, L. A. (1965). Fuzzy sets. Information and Control, 8(3), 338–353.


  • There are currently no refbacks.

Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.

Copyright ©2022 Academic Journals Center

To make sure that you can receive messages from us, please add the '' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders.