4.4 Article

Technology roadmap through fuzzy cognitive map-based scenarios: the case of wind energy sector of a developing country

Journal

TECHNOLOGY ANALYSIS & STRATEGIC MANAGEMENT
Volume 28, Issue 2, Pages 131-155

Publisher

ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
DOI: 10.1080/09537325.2015.1073250

Keywords

Technology roadmap; fuzzy cognitive maps; scenarios; technology policy; wind energy

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In this research, a national-level wind energy roadmap is developed through scenario planning. Multiple future scenarios are developed using the fuzzy cognitive maps (FCM) approach. This research has extended technology roadmapping (TRM) through FCM-based scenario analysis. Building scenarios with FCM is a new approach, and for the first time, to the best of our knowledge, FCM-based scenarios are developed for the wind energy sector of a developing country. Based on these multiple scenarios, a TRM has been developed. Scenario planning and TRM techniques are combined in this study. This research approach is applied to the wind energy sector of Pakistan as a research case. The TRM has four layers: strategic objectives, targets, barriers, and action items. Expert judgement is used to develop scenarios and TRMs.

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