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Method of improving the performance of public-private innovation networks by linking heterogeneous DBs

Prediction using ensemble and PPDM models

Bibliographic Data

ID21404396
AuthorsSeung‐pyo Jun (0000-0002-4203-7990, Korea Institute of Science & Technology Information, corresponding author), Jaeseong Lee (0000-0002-3311-3891, Korea Institute of Science & Technology Information), Jae-Seong Lee, Juyeon Lee (0000-0001-6235-6043, Korea University of Science and Technology)
Year2020
Volume161
Pages120258
Publication date2020-12-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueTechnological Forecasting and Social Change (JOURNAL)
Journal identifiersISSN: 0040-1625 • E-ISSN: 1873-5509
PublisherElsevier BV (PUBLISHER)
DOI10.1016/j.techfore.2020.120258
OpenAlexW3080125519
LanguageEN
Citations received2
References cited39

Due to the complexity of the innovation process and intensifying competition, small and medium enterprises (SMEs) have increased their participation in public-private innovation networks (PPINs). This study used both inference and prediction models by linking two heterogeneous databases (DBs), consisting of the responses of 1,439 manufacturing SMEs to the Korean Innovation Survey and the financial information of approximately 119,890 companies. In the inference model, we analyzed the determinants that affect the business performance and R&D investment performance of SMEs in PPINs, using generalized linear models. The prediction model utilized a machine learning based ensemble model and the method of linking heterogeneous DBs based on privacy-preserving data mining (PPDM). The findings of this study indicate that while PPINs do not have a significant effect on business performance, they do have a positive correlation to R&D investment. This study also proposes two prediction models for forecasting increases in R&D investment by SMEs, which is considered to be an indicator of PPIN performance. These two models can be respectively used in cases where the features of the companies targeted for prediction can be known in advance and in cases where the features are unknown

Business · Competition (biology) · Econometrics · Economics · Ensemble forecasting · Inference · Investment (military) · Machine learning · Politics · Predictive modelling · Artificial Intelligence · Computer Science · Energy, Environment, Economic Growth · Innovation Diffusion and Forecasting · Innovation Policy and RD

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Unique citing works2
Citations per year0,33
Citation span2020 - 2022 (3)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 2

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