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Teme
2016, vol. 40, iss. 2, pp. 781-805
article language: Serbian
document type: Original Scientific Paper

BOCR model for support to strategic decision in university spin-off enterprise
aUniversity of Kragujevac, Faculty of Economy
bUniversity of Kragujevac, Faculty of Science

e-mail: mimovicp@kg.ac.rs

Project

Preclinical investigation of bioactive substances (MESTD - 41010)

Abstract

This paper analyzes the features of university spin-off companies and possibility of improving the process of making strategic decisions in conditions of uncertainty and complexity. The results are based on the case study done by the Laboratories for Cell and Molecular Biology, Faculty of Science, University of Kragujevac. The original data were collected from interviews with the lab director, from conversations with the employees in the laboratories and the materials for the accreditation of laboratories. Given that this is a complex issue, for decision making the BOCR model (benefits, costs, oportunities, risks) was applied, whose theoretical basis is the analytical network process (AMP), as a method for decision making under uncertainty.

Keywords

university spin-off strategy; multiple criteria; evaluation; selection; analytic network process