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LAP Lambert Academic Publishing Metaeconomics Approach & Intellectual Resources Evaluation: Multiple objective methods: integrating into decision making

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Description

The study concerns the complex assessment framework of the country’s intellectual resources (IR) based on modern metaeconomic paradigm and multiple criteria evaluation methods. The metaeconomics specifies the interconnections between economic axiomatics & system of principles and methods to be applied in its substantiation. The WB a/o expert evaluations of the essential country’s IR indicators and rating results are critically analyzed comparing Baltic States and Nordic countries. Multiple criteria decision making system under review integrated Simple Additive Weighting, COmplex PRoportional ASsessment, Multi Objective Optimization on basis of Ratio Analysis a/o modern methods applied by using SWOT and qualitative analysis. The reasoning principles of alternative strategic decisions and models, in particular, applicable for detection of compatibility between the IR advancement strategy, on the one side, and the country's economic development priorities, also determinants of economic competitiveness and national opportunities for their (IR) development, on the other side, were created.

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