What drives intercity venture capital investment? A comparative analysis between multiple linear regression and random forest
文献类型:期刊论文
作者 | Du, Delin; Wang, Jiaoe3; Li, Jianjun2 |
刊名 | HUMANITIES & SOCIAL SCIENCES COMMUNICATIONS
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出版日期 | 2024-09-14 |
卷号 | 11期号:1页码:1207 |
DOI | 10.1057/s41599-024-03695-x |
产权排序 | 1 |
文献子类 | Article |
英文摘要 | Venture capital (VC) significantly contributes to the development of regional economies and fosters innovation. Analyzing the factors that influence VC investments holds key importance. This study employs two methods to ascertain the relative significance of different factors at the city level: the Lindeman, Merenda, and Gold (LMG) approach in multiple linear regression (MLR) and variable importance in random forest (RF) machine learning. The findings reveal that several factors, including economy, finance, innovation, location, and policy, significantly influence VC investments. Both the MLR and RF models highlight the preeminence of economic and financial variables, followed closely by the city's potential for innovation. Moreover, spatial heterogeneity exists in the importance of these variables. In the economically developed and densely populated eastern regions of China, the financial environment of cities emerges as the most crucial, whereas in the central and western regions, the economy and innovation, respectively, take precedence. This research contributes to a deeper understanding of the distribution of VC investments and offers valuable insights for the development of regional policies. |
WOS关键词 | RELATIVE IMPORTANCE ; DETERMINANTS ; PREDICTORS ; CHINA |
WOS研究方向 | Arts & Humanities - Other Topics ; Social Sciences - Other Topics |
WOS记录号 | WOS:001312147700003 |
源URL | [http://ir.igsnrr.ac.cn/handle/311030/207981] ![]() |
专题 | 区域可持续发展分析与模拟院重点实验室_外文论文 |
通讯作者 | Wang, Jiaoe |
作者单位 | 1.East China Univ Sci & Technol, Sch Business, Shanghai 200237, Peoples R China 2.Univ Chinese Acad Sci, Coll Resources & Environm, Beijing 100049, Peoples R China 3.Chinese Acad Sci, Key Lab Reg Sustainable Dev Modeling, Inst Geog Sci & Nat Resources Res, Beijing 100101, Peoples R China |
推荐引用方式 GB/T 7714 | Du, Delin,Wang, Jiaoe,Li, Jianjun. What drives intercity venture capital investment? A comparative analysis between multiple linear regression and random forest[J]. HUMANITIES & SOCIAL SCIENCES COMMUNICATIONS,2024,11(1):1207. |
APA | Du, Delin,Wang, Jiaoe,&Li, Jianjun.(2024).What drives intercity venture capital investment? A comparative analysis between multiple linear regression and random forest.HUMANITIES & SOCIAL SCIENCES COMMUNICATIONS,11(1),1207. |
MLA | Du, Delin,et al."What drives intercity venture capital investment? A comparative analysis between multiple linear regression and random forest".HUMANITIES & SOCIAL SCIENCES COMMUNICATIONS 11.1(2024):1207. |
入库方式: OAI收割
来源:地理科学与资源研究所
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