This study investigates the influence of government subsidies on recipients’ growth potential and subsequent performance in cultural and creative industries (CCIs). We find that CCI firms significantly increase their R&D expenditure after receiving direct government subsidies. Direct subsidy...

The purpose of this paper is to propose a hybrid model which combines locally linear embedding (LLE) algorithm and support vector machines (SVM) to predict the failure of firms based on past financial performance data. By making use of the LLE algorithm to perform dimension reduction for feature...