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Asian Journal of Information and Communications 12(1)
Asian Journal of Information and Communications 12(1)

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Asian Journal of Information and Communications

Decision-making process of Thai government agent for selection of technological startup companies in pitching of concept ideas Amnard Taweesangrungroj et al.

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  • 2020-04-14
The Thai government has an attempt to take the country out of the middle-income trap by
using an innovation strategy to drive the economy under the Thailand 4.0 policy. In
response to this policy, government agents play an important role in supporting startup
companies by funding their new ideas about products or services. This research studies the
decision-making process under Multiple-Criteria Decision Making (MCDM) in the
selection of technology startup companies to be funded by the government agent called
GISTDA. The business area of technology startups that will be a sample of this research is
companies that particularly use unmanned aerial vehicles (UAV) technology. Startup
pitching data at the conceptual idea will be analyzed with several techniques in the MCDM
approach, such as TOPSIS. Subsequently, the rankings of each technique will be compared
to find which technique is the most accurate approach to the result from GISTDA.

Keywords: tech startup, UAV, government agent, decision-making process, MCDM
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