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We apply a functional data approach for mixture model-based multivariate innovation clustering to identify different … regional innovation portfolios in Europe. Innovation concentration is considered as pattern of specialization among innovation … types. We examine patent registration data and combine them with other innovation and economic data across 225 regions, 13 …
Persistent link: https://www.econbiz.de/10012792485
Clustering methods such as k-means have found widespread use in a variety of applications. This paper proposes a formal testing procedure to determine whether a null hypothesis of a single cluster, indicating homogeneity of the data, can be rejected in favor of multiple clusters. The test is...
Persistent link: https://www.econbiz.de/10012866500
Nonlinear nonparametric statistics (NNS) algorithm offers new tools for curve fitting. A relationship between k-means clustering and NNS regression points is explored with graphics showing a perfect fit in the limit. The goal of this paper is to demonstrate NNS as a form of unsupervised...
Persistent link: https://www.econbiz.de/10012967640
Asset returns exhibit grouped heterogeneity, and a “one-size-fits-all” model has been elusive empirically. This paper proposes a Bayesian Clustering Model (BCM) combining Bayesian factor selection and panel tree for asset clustering. The Bayesian model marginal likelihood guides the tree...
Persistent link: https://www.econbiz.de/10014239481
Smuggling harms the economy and development of a country. Various statistical methods can be used to determine the geographical distribution of smuggling within a country. In this regard, clustering techniques (both classical and spatial analysis) have been used to present an overview of...
Persistent link: https://www.econbiz.de/10014517007
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and innovation process within regions in the knowledge economy …
Persistent link: https://www.econbiz.de/10003414594
Persistent link: https://www.econbiz.de/10003393757
Persistent link: https://www.econbiz.de/10012107955
Knowledge networks are important to understand learning in industry clusters but surprisingly little is known about what drives the formation, persistence and dissolution of ties. Applying stochastic actor-oriented models on longitudinal relational data from a mature cluster in a medium-tech...
Persistent link: https://www.econbiz.de/10011757587